COMMERCIAL & FINANCIAL
FOREIGN EXCHANGE,
£1 STERLING 4.22 IN NEW YORK.
(INIT1» PBESS AISBCIATION.—C9JTMSIT.)
(AVSIItAUAN - NEW Z(ALAM> CAILE APSBCIAIION.)
LONDON, 19th December. Foreign rates of exchange on the 19th December, compared with par rates or as averaged first halt of 1814, are as follow:—
> Dec. 15. Dec. 19. Par. New York, dols. to £1 ... 4.19 4.22 4.86 Montreal, dols. to £1 .... 4.55 4.53 4.86 Paris, francs to £1 51.70 52.00 25.225 Stockholm, kroner to £1.. 17.04 16.95 18.189 Christiania, kroner to £1.. 27.37>, 27.03 18.159 Copenhagen, kroner to £1.. 21.79 20.35 18.159 Berlin, marks to £1 .... 768 770 20.45 Yokohama, pence to yen.. 27} 27| 24.58 Calcutta, pence to rupee .. 15J 16 24 Hongkong, pence, to d 01... 39?' 31J 22*
(Kecent movements of the German mark:— 29th September, 456 to £1; 4th October, 473; 6th October, 457; 10th October, 467; 13th October, 539; 20th October, 685; 21st October, 640; 27th October, 69*; 3rd November, 830; 7th November, 1150, closing at 1075; on 10th November, 1085; on 15th November,. 1003; on 18th November, 1040; on 21st November, 1090; on 24th November, 1130; on 26th November,----1165; on 30th November, 957; on Ist December, opened at 750, rose- to 820, ■ receded to 710, and closed at 780; on 2nd December, 840; on 7th December, 845; on 12th December, 690).
(The sterliug exchange on New York during the war was 5.06 highest, 4.50 lowest. During 1820, highest 3.98j, lowest 3.34J; Ist January to 30th June, 1921, highest 4.0J, lowest 3.28 J. July 7th to 31st, highest 3.64, lowest 3.57J; 2nd to 31st August, highest 3.69J, lowest 3.56|. Ist to 30th September, highest, 3.74 dollars; lowest, 3.69 dollars. / let to 31st October, highest, 3.94 dollars; lowest, 3.73 i dollars. 3rd to 29th November, 4 dollars highest, 3.94 dollar* lowest. Ou Ist December, 403 dollars; on sth December, 4.09 dollars; on 7th December, 4.09 ; on Hth December, 4.08 dollars; on 14th December, 4.21 dollars). •Average July, 1914.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19211221.2.19
Bibliographic details
Evening Post, Volume CII, Issue 149, 21 December 1921, Page 6
Word Count
321COMMERCIAL & FINANCIAL Evening Post, Volume CII, Issue 149, 21 December 1921, Page 6
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