Exchange Rates
p. 110 · Read in the full issue
npHB following exchange quotations show th A rate existing in Sydney in mid-January:-
Fiji
Through Bank of NSW and Bank of Ne: Zealand:—Australia on Fiji on basis of £lO Fiji: Buying, £Alll/2/6; selling. £AII3. Fiji London on basis of £lOO London;—
Western Samoa
Through Bank of New Zealand:—Australia o Western Samoa on basis of £lOO Samoa: bu: ing. £AI23/12/6; selling. £AI24/10/9.
Samoa-London on basis of £lOO London:—
Samoa on New Zealand, on basis of £1 NZ:—Buying, £100; selling, £lOO/10/-.
Samoa on Fiji, on basis of £lOO Samoa:: Buying, £111; selling, £llO.
Samoa on USA on basis of £1 Samoa (tel. graphic transfer): Buying, 2.7991 dollars; sel ing, 2.7586 dollars.
Papua-New Guinea
Commonwealth Bank of Australia (branche Pt. Moresby, Lae, Rabaul, Madang) and Bank • New South Wales (branches: Pt. Moresby, Las Rabaul) quote an exchange rate between Auu tralia and Papua-New Guinea of 10/- per £lO
French Pacific Colonies
Post-war, the franc, instead of having td same value in all parts of the French Unioa was given different values in differed Colonial Groups—Group 1 (Metropolitan franca; France, North Africa, West Indies, Frenu Guiana. Group 2 (African francs): All Africa; Colonies, Madagascar, Reunion, St. Pierre Miquelon. Group 3 (Pacific francs): Nol Caledonia, New Hebrides, Fr. Oceania. Exchanjr values, in francs, at present are (nominal onli subject to daily fluctuations): —
Buying Selling £ s. d. £ s.
Telegraphic transfer , .. Ill 2 6 113 0 On demand 113 0
Buying Selling £ s. d. £ 8.
Telegraphic transfer . 100 7 6 101 10 On demand 99 9 3 101 10
£ Stg. USA Dol. £ Aujx Group 1 (Metrop.) 981f. 349.20f. 777i Group 2 (African) 490 175 88&1 Group 3 (Pacific) 178.37 60 141.76*1