The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 18 November 1947Vol. XVIII, No. 4

Exchange Rates

p. 102 · Read in the full issue

THE following exchange quotations show t rates existing in October;

Fiji

Through Bank of NSW and Bank of N< Zealand:— Australia on Fiji on basis of £1 FIJI: Buying, £Alll/2/6; selling. £AII3. Fl London on basis of £lOO London:

Western Samoa

Through Bank of New Zealand; —Australia Western Samoa on basis of £lOO Samoa: Bi Ing, £A99/12/6; selling, £AIOO/2/6. Samoa London on basis of £lOO in London:

Nfiw Guinea And Papua

Bank of New South Wales, which now ] branches in Port Moresby and Lae, quotes exchange rate between Australia and NG-Pa] of 10/- per £lOO.

French Pacific Colonies

SINCE December 25, 1945, the franc, Inst of having the same value in all parts the French Empire, has been given differ values in different parts of the Empire. Tt are three groups. Group 1: Prance, Nc Africa, West Indies, French Guiana. Group All African Colonies, Madagascar. Reunion.

Pierre Miquelon. Group 3; New Caledonia, 1 Hebrides. French Oceania. Exchange values, frapcs, are approximately:

Buying.

Bel Uni £ s. d. £ 8.

Telegraphic transfer .

On demand .. 110 15 0 .. 110 12 6 112 111 0 17

Buying.

Beilin £ s. d. £ s.

Telegraphic transfer — £125 10 On Demand £122 18 9 125 7 30 days 122 8 9 125 2 60 days 121 18 9 124 17 90 days 121 8 9 124 12 120 days 120 18 9

£ stg. USA Dollar £ A Gr0UP I '' ‘ 282 9 “S 1 227 SSS s m > 6 »