FOREIGN EXCHANGES

Evening Post, Volume CXXIII, Issue 102, 1 May 1937, Page 11

FOREIGN EXCHANGES

-■■■. .Closing, direct rates as quoted by the Bank'of New' South Wales, Wellington, today, for buying and, selling!.foreign currencies, based on New .Zealand cur> rency,-were as follows:— ~-,:,.: .*;,

The £ 1 is £ 1 in New Zegland currency. The rates are subject to alterat'oh:without notice. ■ : ' Based on the figures quoted by the Bank of New South Wales the Ne\i Zealand pound, compared.■.with ifa original par value,■ .;is equivalent, to approximately:— . j ; ■".. .' £ s. d. '■ ■■ ' ■'■. '. ' , .-. • .'■ ■• ■ " 016 1' In '' London. .;■--.:.■ 10 1' in, Australia. 01G -■ F 3%' In. TJ.S.A. . - 0 16" SVk lnL Canada. , 014 3 In Trance. . 016 3^ In Italy.. ; . ; ' ■ ' 0 9 'T% ltt JGermany. ■ •.. ■" 0 11 10 in Java. :" 18 1% -In Japan.

■'■■"■■■■ " !>, ....'..;,'. ■.•'?,:Buyin'g.>-'-V.-Selilns:' New Zealand on • •■ Si ». d. ■ fi. i, A London—fi.N.Z.'to IE slg. :/V,. - .-. 100..■',■■■■-■ ■■"' ■■•■■■ . ■•■ -..•;.■■. . -.-■■ ■,■;-■ T.T. .............. 124 0 0 124 10 I O.D. ............... 123 10 0 124, 8 I Australia—£A to £N.Z..',., . \ ;.,. > ■". 100. ■ :.:."' .::.' ■ ■■■.■;■-■.■ t.t. :....w...:. -loi o:o loo ioi- t , O.D. ............101 0 0 100 10 0 ■S-MJI—£F to £N.Z. 100.- ■ . .' . ....•■■ .: T.T. ;........90. 7 r 6 - 89. 0 i O.D. .I...:........ DO 7 . B 8» 0 ( New York—Dollars to '£ •'...'■■''. ■■■■'.'■ ' .'.' ■ N.zri. ■■-■:... -: -r~ ■■■■■-...■<■■■■:■■■. ...■■.■;■:■.. .-'•;;.'/ - ■ ;- T'.T; .. .....Vo .4.0011 ' ■ 3.9617 . .. O-D. .........:... ' 4.013H .' '3.9097 ■Uontreal—Dollars' to £•: '• :.'.,■ . N.z.T ■■:.■:•-■■ . ■■>.-•.:- 'r-■■'■:■' ■■;.; - . T.T. ....'..-....... -3.9928 3.95SD '. O.D. ,....;...■.....; 4.0053 . ;, 3.9630 Austria—Schillings to- £ \>' ■■■':■- : '■'.■, n.z. l. ' . ■ .■.■ ■.- : . ■,■'■■ ■"■ ■"■■■■ T.T. ■-'. ..;■.•.;. .»...i:; ■■—'.■■■.■■■ -20.78 ■ O.D. ............. -li:!:' 20.80 . ' .' Belgium—Bellas to ;£' : t|< : . ' \ . -' "■ N 7*' 1.'' ■■ '■"' ■ ■■' ■''■■' ■& ' ■ •'' ' ■' ■- t!t." .........;;... ---" >5.8 i ''123.393. O.D. ......::.;j.i -;—:^i-.13.401 Czechoslovakia — -Crowna ;. '■ | .':':, to ,£N.Z. 1. '- .■■■ ■■' ■ ; .■• ;; '. '.- ■■ •' T.T.: .;:...... ■.—'• f 113.17- ,;: o.D:- — ■ -• ■■■.'.,118.21.- .1" ■ .■■■ Denmark—Kroner. to. £.'.'.;..' ;._;■ ■'."(,■;.-, : '?-;. ; ' '■■■■'■Vt.': .;'...Uvi';;.'..-"l&20S-'-"""v"-17.89* ' : O.D. 18.263 17.901 . france—Francs to £N.Z. ;.■ ,,:', \\- [-.,.'. ''■-■' 'T.T. ...........'..— .: - '88.59 ; O,D. ; .i..;.;;...■.., — '. i-: 88.54 Germany—Iteichmarks to. i\ .: . £t't'■ " •''■'■■. .'...—■ ■^■'•■■■■'? 1 9.80» . o!d'.. !!!..........— ■[■■.:..V-:.»..si* Holland—Florins to\, £ ' ' ■,'. K.Z. 1- . : ■ ' ..■. ■' '' ■' ■■■.',"■'•■■ ■ "-■ ' '. ■. .v - TT ■.............' 7.350- .• ,-7.200 : ■■ o'.d". ■■• ■...;: 7.410 • -7.204 ' Italy—Lire to £N.Z.:L : . '-' : .v ' _ ; r, TT .........,...' — : ;. 7i>.3a ■ ■ O.D. ...... ".;.;...'■■.'■—■ '■:•■'■ .V; 75.10 Java—Florins to £.X.Z. ;■ ;j .;,..• ', :..'■ ■ ; ■ ''TT .........7.329' ' 7.1B9 :' O.D. :..;.;....'..... 7.3S0. 7.173 Norway — Kroner to £ ... . ' ■' . ■ . ■■N't't 1#" ............ 16.182 15.892..' O.'d'. ............ 16.242 15.902 Sweden — Kroribr. to ,,£ . ;/, ■ ; '■ 1"--. ........... 15.794 ' 7 15.499 ■■■. -O-.Il'.',:■■: :.....-.....;■> 15.854. :y.:.. : :._lk3M Switzerland—Francs to £ .' N't't 1- ' ..;.... 17.H30 '■■ 17.26* O.'d." ■ •:......... 17.635 : 17.261 Noumea—Francs, to' £. ', ' ■ ,o.d. :::::::::::::;- ;. ■-S7.it > Papeete—Francs -to. ■£,' ,:'...:,. : Kf T '' ■ : _ ■ .*: 87.28 o'D. \'.\','.\.'.].... — ■.'■;■■ S7;34 Hong KonK—.N'.Z. pence to . ■ l T df"-' ' '..V. -jr in.64 is 51-64 ■■■■•'■ OD .■"".■."...'... IS 17-64 :: 18 25-31 India and Ceylon—N.Z.. X ; ; , : ■■'»«'* ln"? e>;:..v «% 2221-31 olD '"■'.. ..22 11-32 22 4L-61 ; Japan—N.Z.. pence to 1 • :, :/■;, :: VeTX. ' ......... —::: 1715-31 Shanghai—X.Z. pence to ;1S"- ..........•:;.-"17* ' 18U O.I). .............: 17 23-32 1815-61 Singapore—N.Z. pence to ... ,7 , ■ l, i°x ""...,....;... ...SI 33-32 '.'■' S5 13-6J O.D. .........;.... 3i% 353-18 Chofon—N.Z. pence to 1 It"" ...-....:..;.: 17 23-32 l,U 13-32,,^ O.D. ............ 1747-04 j. 1825-64"'