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COMMERCIAL & FINANCIAL

FOREIGN EXCHANGE.

£1 STEELING 4.20J IN NEW YORK.

(UNITED PRESS ASSOCIATION.—COPIRIBBT.) (ABSTItALIAN • HB#, SSBAMNB CA»LJ ASSOCIATION.) LONDON, 23rd December, lforelgn rates of exchange on the 23rd December, compared with par rates or as averaged first half of 1914, are as follow :— Dec. 19. Dec. 23 Par. New York, dols. to £1 .. 4.22 4.20J 4.86 Montreal, dols. to £1 .... 4.53 4.49 4.86 Paris francs to £1 52.00 53.00 25.225 Stockholm, kroner to £1.. 16-95 16.90 18.159 Christiania, kroner to£l.. 27.03 26.75 18.159 Copenhagen, kroner to £1".". 20.35 21.55 18.159 Berlin, marks to £1 .... 770 755 20.45 Yokohama, pence to yen.. 27J 27{ 24.58 Calcutta, pence to rupee .. 16 15J 24 Hongkong, pence to d 01... 31J 32 22*

(Recent movements of the German mark:— 29th September, 456 to £1; 4th October, 473; 6th October, 457; 10th October, 467; 13th October, 539; 20th October, 585; 21st October, 640; 27th October, 634; 3rd November, 830; 7th November, 1150, closing at 1075; on 10th November, 1085; on 15th November, 1003; on ISth November, 1040; on 21st November, 1090; oil 24th November. 1130: on 26th November, 1165; on 30th November, 957; on Ist December, opened at "50, rose to 820, receded to 710, and closed at 780; on 2nd December, 840; on 7th December, 845; on 12th December, 690; on 15th December, 768>.

(Tho sterling exchange on New York during the war was 5.06 highest, 4.E0 lowest. During 1920. highist 3.984, lowest 3.343; Ist January to 30th Jifne, 1921, highest 4.0J, lowest 3.284July 7th to 31st, highest 3.64, lowest 3.57J; 2nd to 31st August, highest 3.69 i, lowest 3.56{. Ist to 30th September, highest, 3,74 dollars; lowest, 3.69 dollars. Ist to 31st October, hi2hest,i.3.94 dollars; lowest, 3.73} dollars. 3rd to 29th November, 4 dollars highest 3.94 dollars lowest. On Ist: December, 4.03 dollars; on sth December, 4.09 dollars; on 7th December. 4.09 dollars; on'Bth December, 4,08 dollars; on 14th December, 4.21 dollars? on 15th December, 4.19 dollars).

•Average July, 1914.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19211224.2.26

Bibliographic details

Evening Post, Volume CII, Issue 152, 24 December 1921, Page 6

Word Count
327

COMMERCIAL & FINANCIAL Evening Post, Volume CII, Issue 152, 24 December 1921, Page 6

COMMERCIAL & FINANCIAL Evening Post, Volume CII, Issue 152, 24 December 1921, Page 6

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