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320
Tableau XIV (fin). — Taux de I’escompte.
(b) (suite) Taux de I’escompte hors banquet
Table XIV (concluded).— Rates of discount,
(b) (continued) Market rates of discount.*
P6riode
Period
Tch^coslovaquie
Czechoslovakia
Prague
Escompte priv6; effets k
3 mois et moins
Private discount;
3 months’ and shorter bills
Max.
Min.
Moy.
Aver,
Hongrie — Hungary
Budapest
Escompte hors banque ;
papier commercial
jusqu’& 3 mois
Market discount ;
commercial paper
up to 3 months
Italic — Italy
Milan
Escompte priv6
effets de commerce
4 mois
Private di scount;
commercial bills,
4 months
Pologne — Poland
Taux de i’Association des banques privies
de Pologne; effets de 4-5 mois (a)
Bates of the Association of Polish private
banks; 4-5 months bills (a)
(1)
(3)
Roumanie
Roumania
Bucarest
Escompte
hors banque
Private discount
Yougoslavie
Y ugoslavia
Lyoublyana. Bel¬
grade, Zagreb
Taux d’escompte
priv6 moyen
Average private
discount
1926.
1927.
1928.
1929.
1930.
1931.
Trimeitre* —
Quartert
1929 I . .
II .
Ill.
IV .
1930 I.
II
III
IV .
Hois — Month!
1931 VII
VIII
IX .
X .
XI .
XII
1932 1. .
II. .
III .
IV .
V .
VI .
VII .
5.875
5.25
4.9375
5.50
5.50
6.50
4.9375
4.875
5
5.50
5.50
5
4
4
4
5
6.50
6.50
6.50
6
5.25
4.75
4.75
4.75
4
4
4.75
4.75
4.875
5
4
4
5
6.50
6.50
6
5.76
4.84
4.87
5.01
4.46
4.77
7
6.50
7.12
5.37
5.50
5.50
11.50
8.50
9
10.25
10
10.50
(b)
(b)
6 - 8.50
5 - 6.50
5.75 - 7
5 - 7
5 - 7.25
(c) 8
9
- 12
- 13
7.50 - 13
7.50 - 11
(c) 11.32
12.22
11.46
10.95
14 - 18
12 - 16
10 - 16
4.80
4.86
4.91
5.45
7.37
8.50
8.75
8.50
8.62
9.75
10.25
10.25
5.75 - 6.75
6.75
6.75 - 7
6.75 - 7
9
10
10
10
- 12
- 13
- 13
- 13
11.44
12.44
12.49
12.49
14 - 18
14 - 18
14 - 18
14 - 18
5.08
4.77
4
4
6.75
5.50
5.50
5.75
10
8.25
7.25
7.75
6.50 - 7
5.25 - 6.50
5.25 - 5.50
5 - 5.75
- 13
7.50 - 13
7.50 - 12
7.50 - 11
12.43
11.76
10.91
10.74
12-16
12 - 16
12 - 16
12 - 16
4
4.87
5.40
6.50
6.50
6
7.25
8.50
8
7.75
7.75
7.75
10.50
10.50
10.50
10
10
10
4.75 - 5.50
4.75 - 5.50
5.25 - 6.50
6 - 7.25
6 - 7.25
6 - 7.25
11
11
11
11
11
11
10.80
10.90
10.90
11.00
11.00
11.00
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
6
6
6
5.33
5
5
5
6.50
6.50
6.50
5.50
5.25
10
9.50
9.50
9
9
5.75 - 7.25
5.75 - 7.25
5.25 - 6.25
5.25 - 6.25
5 - 5.50
5 - 5.50
8
8
8
8
8
10
11
11
11
11
11
11
10.90
10.90
10.90
10.90
10.90
10.90
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
- IS
- 16
- 12
- 14
16
14
12
12
12
12
12
11
9
9
9.50
10
10
10
12.50
13
13.50
13.50
13.50
14
10
9.50
9.50
9.50
9.50
9
14
13.50
13.50
13.50
13.50
13.50
» Voir not* p»ge 319.
(1) Taux extremes. — (2) Moyenne des taux lea plus frequents.
(Bl Effets pouvant Stre rdescompUs h la Banque de Pologne. — «>) Les chiffres pour 1929 se rapportent h la fin du trimestre. — (c) Pin juin k fin dtoemhre.
• See note page 319.
(1) Bangs of rates. — <2) Average of most frequent rates.
(a) Bills which may be re-discounted at the Bank of Poland. — (4) Figures for 1929 refer to the end of the quarter. — (c) End of June to end of December.
Tableau XV. — Cours des Changes. Table XV. — Exchange Rates.
(1) Pourcentage du prix du dollar ou de la livre sterling comparativement a son prix au pair.
(1) Percentage which cost of dollar or pound sterling is of its cost at par.
New-York bur : — New-York on :
Pays
Country
Parity or
Gold Parity
Allemagne
Germany
4.20 Reichsmark 1.04 peso
=* 1 $ oro = 1 $
Argentine
Moy.-Aver.
1921 .
1922 .
1923 .
1924 .
1925 .
1926 .
1927 .
1928 .
1929 .
1930 .
1931 .
(a)
2,480.8
44,219.0
(b) 16,947.9
rWc>103,73l.9
100.1
100.1
100.2
99.8
100.1
99.9
100.8
131.2
117.9
122.8
123.5
105.6
104.7
100.2
100.0
101.4
115.5
144.6
Autriche
Austria
1 $
7.11 sch. = 1 $
Belgique
Belgium
5.18 fr. = 1 |
7.19 belgas = l$
(d)
12,322.8
208,892.8
1,447,328.6
1,447,328.6
(t) 100.1
100.0
100.0
100.0
100.1
99.9
100.3
(e)
259.0
251.1
369.7
415.5
405.5
(c)572.2
99.9
99.8
99.9
99.7
99.8
Bolivie
Bolivia
2.57 boliv. = 1$
2.74 boliv.= 1$
(ft
(g) 170.4
150.2
122.4
131.2
115.3
114.2
113.2
(h) 101.4
100.6
100.3
99.7
Br6si 1
Brazil
3.08milreisp. = l$
8.36 milreis = 1 $
(it
243.4
250.5
317.2
296.5
266.0
224.7
101.1
99.9
101.3
111.7
170.2
Bulgaria
Bulgaria
5.18 leva = 1 $
138.43 leva = 1 $
(j)
1.898.4
2,803.3
2.183.5
2.650.1
2.637.1
2.676.2
2,666.9
(C) 2,675.8
100.1
100.2
100.9
Chili
Chile
1 Canad. $ 5.12 pes.p. =1$
1U.S.A.$ 18.22 pesos = 1$
111.7
101.5
!102.0
101.3
100.0
100.0
100.0
100.1
100.8
100.2
103.8
(D
(k)
164.7
159.9
159.5
185.2
171.6
100.7
100.8
100.2
100.9
100.7
100.8
94.4
89.2
92.8
92.0
88.2
97.7
107.6
104.0
114.4
159.9
214.8
<o) Jusqu’k 1924, Mk. — (5) Milliards. — <e) Moyenne de dix mois. — (d) Jusqu’k 11/25, kronen. (1 schilling = 10,000 kr. papier). — («) Jusqu'i X/26, francs. (1 Belgs “
5 francs papier). — (f) Jusqn’k VI /28, ancienne parite (1 boliviano ancien = 1.07 boliv. nouveau.) — (g> Moyenne de neuf mois. — (A) Moyenne de six mois. — <0 ,U8I,“
fia 1926, mllreis papier. — (!) JusquA X/28, ancienne pariW (1 lev anc. = 26.71 leva nouv). - (*) Jusqu’k Vm/26, pourcenUge base sur la moyenne du change des dx P^™'
mois de 1914 (19.53 cents = 1 peso papier). Depuis IX/25, nouvelle parite (1 peso ancien = 3 pesos nouveaux). — (1) Moyenne de halt mois. — (m) Coars moyen du change de
- 100.
(a) Until 1924, Mk. — (6) Milliards. — (e) Average of ten months. — (d) Until 11/25, kronen (1 Schilling = 10,000 paper kr). — <«) Until X/26, francs (1 Beiga “ 5 paI’“
francs). — (/) Until VI/28, old parity (1 old boliviano ■ 1.07 new boliv.). — (») Average of nine months. — (h> Average of six months. — «) Until end 1926, paper miireis- -
(j) Until X/28, old parity (1 old lev => 26.71 new leva). — (Jfc) Until vm /25, percentage based on average exchange rate of first six months of 1914 (19,53 cents - 1 paper P«° •
Since IX ^5, new parity (1 old peso =■ 3 new pesos). — (f) Average of eight months. — (m) Average rate of exchange for 1913 =» 100.

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