Exchange Rates
p. 122 · Read in the full issue
THE following exchange quotations show the rates existing in Sydney in mid-June: —
Fiji
Through Bank of NSW and Bank of New Zealand:— Australia on Fiji on basis of £lOO Fiji: Buying, £Alll/2/6; selling. £AII3.
Piji-London. on basis of £lOO London: TT or On Demand: Buying, £lll/2/6: selling, £ll3.
Western Samoa
Through Bank of New Zealand: —Australia on Western Samoa, on basis of £lOO Samoa; buy ing, £ A123/12/6; selling, £AI24/10/9.
Samoa-London, on basis of £lOO London: TT: Buying. £lOO/7/6; selling. £lOl/10/-.
Samoa on New Zealand, on basis of £lOO NZ: —Buying, £100; selling, £lOO/10/-.
Samoa on Fiji, on basis of £lOO Samoa;— Buying, £111: selling, £llO.
Papua-New Guinea
Commonwealth Bank of Australia (branches; Ft. Moresby. Lae, Rabaul, Madang) and Bank of New South Wales (branches: Ft. Moresby, Lae, Rabaul) quote an exchange rate between Aus tralia and Papua-New Guinea of 10/- per £lOO.
French Pacific Colonies
Post-war, the franc, instead of having the same value in all parts of the French Union, was given different values in different Colonial Groups—Group 1 (Metropolitan francs): France and Algeria. Group 2 (African francs).
African Colonies and Madagascar, etc. Group 3 (Pacific francs): New Caledonia, New rides, French Oceania. Exchange values, in francs, are (nominal only): Group 1 (Metrop.) 981 f. 349.20 f. 777 f.
Group 2 (African) 490 175 888 Group 3 (Pacific) 178.37 60 141.76