The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 20 December 1935Vol. VI, No. 5

Exchange Hates

p. 78 · Read in the full issue

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney cn December 18: —

Fiji —Th Rough Bank Of N.S.W.

And Bank Of New Zealand

Australia on Fiji on basis of £lOO Fiji: Buying £Alll/2/6, selling £AII3/10/-.

Fiji-London on basis £lOO London; Buying. Selling.

Telegraphic transfer ... £llO 15 0 £ll2 0 (

Direct Telegraphic Transfer.

Selling Rates

Quoted by

Bank Of New South Wales

in Australia

Western Samoa —Through

Bank Of N.Z.

Exchange, Australia on ' Western Samoa, has; £lOO Samoa— buying £AIOO, selling £AIOO/10/-.

Exchange, Samoa on London, basis £lOO i

New Caledonia —Through

French Bank

Drafts, Sydney-Noumea and Noumea-Sydney, a on the basis of current rate of exchange on less 1 per cent, either way. As , qU t t Comptoir National, in Sydney, and Bank Indo-Chine, Noumea: On December_ 18 whenit Australian £ was nominally worth 58.40 fran< £lOO Australian would purchase a credit Noumea of 5,840 francs.

New Guinea And Papua

Through Commonwealth

Bank.

From Australia, Pt. Moresby, £1 per cent Rabaul 10/- per cent.—other N. Guinea distru £ From Rabaul on London, same as Australia buying: T.T. £AI2S equals £stg. 100.

Selling: T.T. £AI2S/10/- equals £stg. 100.

Through Bank N.S.W.

Australia, on Papua, £l.per “nt. premium « wav equivalent to commission of £1 per ecu Sralia. on RabauK 10/- per cent premmm Papua and New Guinea on London, same Australia on London, and vice versa.

Average for Australia on Papeete week ended 25/11/35 ..

Francs to i Australian .. 58.59 Average for week ended 2/12/35 .. .. 58.67 Avpraffe for week ended 9/12/35 .. .. 58.54 Average ior week ended 16/12/35 .. .. 58.39 Average for Australia on Noumea week ended 25/11/35 ..

Francs to i Australian .. 58.49 Average for week ended 2/12/35 .. .. 58.57 Average for week ended 9/12/35 .. 58.44 Average for week ended 16/12/35 .. , .. 58.29

London: Buying.

Telegraphic transfer .. £{25 0

%d«s and :: :: So 8

S S? s ‘ ‘ ... 122 10 0 124 12 SS;; .. .. 122 5 0 124 10 iSdays :: :: ™ ° 0 124 7