Exchange Rates
p. 102 · Read in the full issue
The following exchange quotations show th rates existing in Sydney in August:—
Fiji
Through Bank of NSW and Bank of Nei Zealand:—Australia on Fiji on basis of £10 Fiji: Buying, £Alll/2/6; selling, £A113. Fiji London on basis of £100 London:— Buying Selling £ s. d. £ s. t Telegraphic transfer ... Ill 2 6 113 0 On demand Ill 2 6 113 0
Western Samoa
Through Bank of New Zealand: —Australia o Western Samoa on basis of £100 Samoa: buy ing, £A123/12/6; selling, £A124/10/9.
Samoa on London, on basis of £100 i London: Buying Selling £ s. d. £ s. ( Telegraphic transfer . 100 7 6 101 10 On demand 99 9 3 101 10 Samoa on New Zealand, on basis of £1C NZ:—Buying, £100; selling, £100/10/-.
Samoa on Fiji, on basis of £100 Samoa:- Buying, £111; selling, £110.
Samoa on USA and Canada, on basis of £ Samoa: — Buying Sellic Dollars Dollai Telegraphic transfer .. .. 4.03736 3.918^ On demand 4.07943 3-921] The Bank of NZ in Apia pays the followin Samoan currency prices for overseas notes; NZ notes « for *} Australian notes 15/6 'or £A1 USA notes 4/9 per dollar Fijian notes 17/6 P er £^1
Papua-New Guinea
Bank of New South Wales, which In branches in Port Moresby. Lae, and Rabat quotes an exchange rate between Australia an Papua-New Guinea of 10/- per £100.
Similar rates through Commonwealth Bar of Australia (branches at Port Moresby, Lai Rabaul and Madang).
French Pacific Colonies
SINCE the end of 1945, the franc, Instea of having the same value in all parts < the French Empire, has been given dlflerer values in different Colonial Groups. Tnei are three groups. Group 1: France. Nort Africa, West Indies, French Guiana. Group .
All African Colonies, Madagascar. Reunion, S Pierre, Miquelon. Group 3; New Caledonli New Hebrides, French Oceania. The Group franc was devalued in January, 1948. Exchant values, in francs, are : ~l ... £ Stg. USA Dollar £ Aus Groun 1 ... 860 216 684 Group 2 .. .. 508.23 136 tga -5 Group 3 (Pacific) 200 49 • 6 189