The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 April 1951Vol. XXI, No. 9

Exchange Rates

p. 118 · Read in the full issue

THE following exchange quotations show til rates existing in Sydney in mid-April.

Fiji

Through Bank of NSW and Bank of No Zealand:— Australia on Fiji on basis of £l' Fiji; Buying. £Alll/2/6: selling. £AII3. PII London on basis of £lOO London; — Buying Sellini.

TT or On Demand .. .. £lll 2 6 £ll3 0

Western Samoa

Throngh Bank of New Australia ♦ Western Samoa on basis of £lOO Samoa, bui ine £AI23/12/6; selling. £AI24/10/9.

Samoa-London on basis of £lOO London;— Buying Belllnn Telegraphic Transfer .. £lOO 7 6 £lOl 1 ® Samoa on New Zealand, on basis ol Ell N Z-—Buying. £100: selling. £lOO/10/- Samoa on Fiji, on basis of £lOO Samoa: Buying, £111: selling. £llO.

Papua-New Guinea

Commonwealth Bank of J Australia * Pt. Moresby. Lae. Rabaul. Hadang) and Bank New South Wales (branches: Pt. Moresby, La Rabaul) quote an exchange ra J e between Au tralia and Papua-New Guinea of 10/- per £l'J

French Pacific Colonies

Post-war. the franc, instead of having * same value in all parts of the French Unto was given different values m differ® Colonial Groups—Group 1 (Metropolitan franc,.

Prance and Algeria. Group 2 (African franc..

African Colonies and Madagascar, etc. uroo 3 (Pacific francs): New Caledonia, New He. rides, Fr. Oceania. Exchange values, in fran are (nominal only):

ax* (nomiiuu «uvi. £ gtg USA Dol . £ AUJ Group 1 (Metrop.) 9811. 349.201. ™ Group 2 (Africen) 490 1J5 8WJ Group 3 (Pacific) 178.37 60 141.7*1