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DOLLAR EXCHANGE

TODAY'S NEW ZEALAND RATES

The Associated Banks1 dollar conversion ! rates from today (May 0) are as follows: U.S.A. Canada. JJols. Dols. Converslon of dollar bills received for collection and sale of dollar drafts 3.58 4.43 Buying of dollar bills 4.0S 4.03 These conversion rates are ascertained on a sterling basis (London funds), and therefore current rate of exchange New Zealand on London will also be chai-ged or allowed for as the ease may require. Rates recently quoted by the New Zealand banks have been as under: — United States Dollars to £1. Apl. 18. Apl. 27. Apl. 29. May 1. May 3. Buying , 3.58 3.89 5.87 3.04 X»9 Selling . 3.38 3.09 3.07 3.74 3.70 Canadian Dollars to £1. Buying . 4.25 4.49 4.43 4.47 4.52 Selling . 4.05 4.29 4.23 4.27 4.32 The United States dollar buying rate on April 3 was 3.51 dollars; and selling rate, 3.31 dollars.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19330506.2.15.2

Bibliographic details

Evening Post, Volume CXV, Issue 105, 6 May 1933, Page 5

Word Count
148

DOLLAR EXCHANGE Evening Post, Volume CXV, Issue 105, 6 May 1933, Page 5

DOLLAR EXCHANGE Evening Post, Volume CXV, Issue 105, 6 May 1933, Page 5