AnnualReport-1932

17

10. The average rate of exchange for the year was 1s. 3½d. as against 1s. 0¼d. in 1931.

Imports (in £'s & $'s millions).

1923 1924 1925 1930 1931 1932 1st Quarter £ 14.7 19.3 16.3 $130.7 165.4 139.7 * 186.9 170.7 $130.7 9.0 11.9 2nd Quarter £ 15.2 17.1 14.5 9.2 8.7 10.2 $131.5 144.0 $131.5 180.1 164.7 3rd Quarter £ 14.3 19.2 10.1 9.0 9.3 $127.1 161.7 156.8 182.3 142.4 4th Quarter £ 17.8 16.5 10.3 11.8 9.6 $155.3 136.6 167.4 188.4 146.2 Total £ 62.0 72.1 30.8 29.6 38.5 $544.6 607.7 268.6 268.6 455.5 737.7 624.0 41.0

Exports (in £'s & $'s millions).

1923 1924 1925 1930 1931 1932 1st Quarter £ 13.9 $123.5 18.3 156.8 15.2 6.8 3.8 130.3 X 140.1 127.0 2nd Quarter £ 16.3 $140.9 15.2 14.1 7.4 6.4 7.1 128.0 125.3 105.9 132.5 115.3 3rd Quarter £ 14.0 14.6 7.3 6.5 7.2 $124.4 122.9 113.7 130.6 110.0 4th Quarter £17.2 15.5 8.5 9.2 7.9 $150.1 128.3 137.2 138.7 119.6 Total £ 61.4 63.6 29.3 23.2 28.9 $538.9 536.0 255.6 356.8 541.9 471.9 31.0

*No statistics available from July 1925 to March 1930.

Note:-Average rate of exchange 1923=2s. 3¼d; 1924=2s. 4¼d: 1925=2s. 3¼d; 1930=1s. 3¼d; 1931=1s. 0¼d; 1932=1s. 3¼d.