Exchange Rates

THE following exchange quotations show the rates existing in Sydney, mid-January;—

Fiji

Through Bank of NSW and Bank of New Zealand:— Australia on Fiji on basis of £100 Fiji: Buying, £Alll/2/6; selling, £A113. Flji- London on basis of £100 London: —

Western Samoa

Through Bank of New Zealand:—Australia on Western Samoa on basis of £100 Samoa: buy ing, £ A123/12/6; selling, £A124/10/9.

Samoa-London on basis of £100 London: —

Samoa on New Zealand, on basis of £100 NZ-Buying. £100; selling. £100/10/-.

Samoa on Fiji, on basis of £100 Samoa:- Buying, £111; selling, £110.

Samoa on USA on basis of £1 Samoa (tele graphic transfer): Buying, 2.7991 dollars, sell in The Bank d of a NZ in Apia pays the following Samoan currency prices for overseas notes: NZ notes 1 " ] p Australian notes 15/ 6 for .’r 1 A l; USA notes .. .. 7/3 (approx, per dollar Fijian notes I 7 / 6 P er £F1

Papua-New Guinea

Bank of New South Wales, w £ ic *L branches in Port Moresby, Lae. Md Mij quotes an exchange rate *> etw ! e “ Austraha and Papua-New Guinea of 10/- per £100.

Similar rates through Commonwealth Bank of Australia (branches at Port Moresby, Lae, Rabaul and Madang).

French Pacific Colonies

SINCE the end of 1945, the franc, in ® te ®_^ ( of having the same value in all parte of ; the French Empire, has been given different, values in different Colonial Groups. There are three groups. Group 1 (using Metropolitan francs) France, North Africa, West Indies.

French Guiana. Group 2 (using Afri^ n fjJ nc |V All African Colonies, Madagascar. Reunion, St, Pierre Miquelon. Group 3 (using Pacific francs) .

New Caledonia, New Hebrides, French Oce In September, 1949, when B1 n tai^g n Au t f devalued their currencies, in relation to ww US dollar, the franc rate was altered as shown below (nominal only) ugA Dol . £ Austd

Soup 2 |(Atrman) Quotations available.

rate for commercial Alf quotations are subject to daily fluctuations

Buying Selling £ s. d. £ 8. d.

Telegraphic transfer . .. Ill 2 6 113 0 0 On demand .. Ill 2 6 113 0 0

Buying SeUing £ s. d. £ s. d.

Telegraphic transfer .

On demand 100 7 6 99 9 3 101 10 0 101 10 0