FOREIGN EXCHANGE RATES

Evening Post, Volume CXXI, Issue 68, 20 March 1936, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates.ss quoted by the Bank of New South Wales, Wellington, today, for buying and selling foreign currencies based on New Zealand currency, are as follows:—

On On demand, demand. Jlu.vius. Selling. New Zealand on a s. <l. £ s. d. London— £N.Z. to £ stb-., 101) liy lit 0 IJ> B 0 Australia— £A to £.\'.Z. 100 101 0 0 100 10 0 Fiji—£ V 1 to ii.N.Z. 100 UO 7 U S<J 0 0 New York—Dollars to X.Z. 1 -I.USOs S.OOC's Montreal—Dollars to *; £N.z. l ■i.on-s'* :!.9Sij Austria—Schillings lo £ N.JS. 1 — 'JO. 7-1 Belgium—Belgas to U X.Z. 1 .- — 2:..101 Czechoslovakia—Crowns to £X.Z. I -- !M.9j Denmark—Kroner to £ N.Z. ] IS.-'O3 1T. 003 France —Francs to £ N.Z. 1 til.lT HI.US Germany—licicliinarKa to £X.Z. 1 — 8.791 Holland—Florins to £ X.Z. 1 5.(198 3.702 Java—Florins to £ X.Z. 1 O.UUD 5.733 N.K. 1 10.M3 10.003 Sweden—Kronor to £ N.Z. .1 U.SI3 15.000 Switzerland—Francs to £\.Z. 1 12.111 1i.071 Noumea —France to £ X.Z. 1 6:1.07 08.58 Papeete—Francs to £ X.Z. 1 (>:!•« 38.73 Eong Koim —N.Z. pence to 1 dollar IS 23-21 20 17-32 India, and Ceylon—X.Z. pence in 1 rupee .... 22 3-01 ' "2/8 Japan—N.Z. pence to 1 yen — IT 35-64 Shaughal—N.a. pence to j dollar 16 50-B1 JS 13-32 Sinsapore—N.Z. Deuce to 1 dollar 34 13-B-J 53 MS The above rates are for on demand transactions. The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice. Based on the figures quoted by the Bank of New South Wales the New Zealand pound, compared with its original par value, is equivalent to approximately:— £ s. a. 0 16 1 In London. 10 1 In Australia. 0 16 4'/- in U.S.A. 0 16 4% in Canada. 0 0 7vi in France. 0 !) 7 in liermany. 0 !) 4=,i in Java. 0 9 0:! i in. Japan. I