EXCHANGE RATES.

Auckland Star, Volume LXIII, Issue 260, 2 November 1932, Page 4

EXCHANGE RATES.

CUSTOMS ASSESSMENTS. Rates of exchange ruling at the announced date of departure of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on the arrival of the vessels in New Zealand, finally declared rates being marked*:— Australia, America, dollars 3.45| Canadian Constructor, Canada, dols. 3.84 Brisbane Morn, Japan, yen 16Jd Mariposa, America, dollars 3.393 Canadian Leader, Canada, dollars . 3.68$ Golden Cloud, Canada, dollars .... *3.84 Golden Cloud, America, dollars .. »3.46 City of Adelaide, America, dollars.. 3.29J Hauraki, America, dollars "3.46 Hauraki, Canada, dollars *3.81 Niagara, Canada, dollars *3.79 Niagara, U.S.A., dollars *3.46 DOLLAR TO £1. Current dollar exchanges as quoted by the New Zealand banks are as under, compared with previous quotations:— ' U.S. DOLLARS TO £1. Oct. 20. Oct. 22. Oct. 25. Oct. 31. Buying .. 3.49 3.49 3.42 3.38 Selling .. 3.39 3.29 3.22 3.18 CANADIAN DOLLARS TO: £1. Oct. 20. Oct. 22. Oct. 25. Oct. 31. Buying .. 3.79 3.78 3.71 3.74 Selling .. 3.59 3.58. 3.51 3.54 The rates quoted are for the conversion of dollars into English currency or English currency into dollars. Exchange is charged or allowed on drafts or bills drawn in dollars in the same way as if drawn in English currency.

ONE POUND IS WORTH? One pound in Auckland to-day is worth approximately :— 18/ in London. 12/2 (2 dols. 05 cents) .... in New York. 13/6 (3 dols. 27 cents) .... in Montreal 12/2 (74 francs) in Paris. 12/2 (12 J marks) in Berlin. 28/9 (14.2 yen) in Yokohama. 12/2 (71 florins) .in Batavia. 22/0 in Sydney.