Exchange Rates
p. 118 · Read in the full issue
THE following exchange quotations show thl rate existing in Sydney in mid-February :-i
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: buj: insr £AI23/12/6; selling. £AI24/10/9.
Samoa-London on basis of £lOO London;—
Samoa on New Zealand, on basis of £ll NZ:—Buying, £100: selling. £lOO/10/-.
Samoa on Fiji, on basis of £lOO Samoa:: Buving, £111; selling, £llO.
Samoa on USA on basis of £1 Samoa (tel graphic transfer): Buying, 2.7931 dollars; se'.i 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, Ls Rabaul) quote an exchange rate between Auj tralia and Papua-New Guinea of 10/- per £IP
French Pacific Colonies
Post-war, the franc, instead of having tt same value in all parts of the French Unio was given different values in differea Colonial Groups—Group 1 (Metropolitan francs; France, North Africa, West Indies, Frenc Guiana. Group 2 (African francs): All Afric: Colonies, Madagascar, Reunion, St. Pien Miquelon. Group 3 (Pacific francs): NI Caledonia, New Hebrides, Fr. Oceania. Excham values, in francs, at present are (nominal onr subject to daily fluctuations): — . ,
Buying Selling £ s. d. £ s.
Telegraphic transfer . .. Ill 2 6 113 0 On demand .. Ill 2 6 113 0
Buying Selling £ s. d. £ s.
Telegraphic transfer . 100 7 6 101 10 On demand 99 9 3 101 10
£ Stg. USA Dol. £ Aixcj Group 1 (Metrop.) 981f. 349.20f. 77T Group 2 (African) 490 175 88i£ Group 3 (Pacific) 178.37 60 141.7'i Group 3 (Pacific)