The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 March 1959Vol. XXIX, No. 8

Exchange Rates

p. 169 · Read in the full issue

FlJl.—Thr«ugh BANK OF NSW, ANZ BANK and BANK OF NZ. Australia on Fiji, basis £lOO Fiji: Buying, £Alll/2/6; Selling, £AII3. Fiji-London, basis £lOO London: B. £llO/15/-; S. £ll2. NZ-Flji, basis £lOO NZ: B. £lll/11/8; S. £llO/4/3.

SAMOA.—Through BANK OF NZ. Aus tralia on Samoa, basis £lOO Samoa: B. £ A123/12/6; S. £124/10/9. Samoa- London, basis £lOO London: B. £99/7/6; S. £lOl/10/-. Samoa-NZ, basis £lOO NZ: B. £100; S. £lOO/10/-. Samoa-Fiji, basis £lOO Samoa: B. £111; S. £llO.

NORFOLK IS.—Commonwealth Bank quotes exchange rate Australia - Norfolk Island: 5/- per £AIOO.

Papua - Ng.—Commonwealth Bank

(Pt. Moresby, Lae, Rabaul, Goroka, Bulolo, Kavleng, Maiang, Wewak), BANK OF NSW (branches: Port Moresby, Lae, Bulolo, Rabaul, Madang, Samarai, Ooroka; agencies: Wau, Boroko, Kokopo), ANZ BANK (Port Moresby, Lae, Rabaul) and

National Bank Of A/Asia, (Port

Moresby) quote exchange rate Australia- Papua-NG; 10/- per £AIOO.

FB. PACIFIC COLONIES.—Pacific francs, most valuable of the three franc groups in French Union, are used in New Cale donia, New Hebrides, and Fr. Polynesia.

FRENCH BANK (Comptoir National D’Escompte de Paris) in Sydney Jan. 1959, quotes: Selling, Noumea, 195 Pac. francs to £ Aust.; Papeete, 194 Pac. francs to £ Aust.; 246 Pac. francs to £ Stg.; 89.05 Pac. francs to US $. Selling 13.76 heavy 'rancs (1,376 ordinary Metrop. franc*) o £ Stg.