FOREIGN EXCHANGE RATES

Evening Post, Volume CXVIII, Issue 50, 28 August 1934, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates yesterday, as quoted by the Hank of New South Wales, Wellington, for buying and selling foreign currencies, based on New Zealand currency, were as follows: —

Based on the above rates of exchange the value oE £1 New Zealand currency in other countries is as follows: —

I Aug. 23. Aug. 27. £IN.Z. £ s. (1. £ s. (I. London 0 16 1 0 16 1 Australia 10 1 10 1 United States « 10 7'i 0 16 4?i Canada 0 10 IVi 0 15 11% France 0 9 T.i, 0 » 7U Italy .0 9 10i,r 0 ft 10Vi Germany . 0 0 10'/i 0 0 10',i

On On demand. demand. To £1 N.Z. currency. Buying. Scllinc. August 2". France—Francs to £1 .. fil.JJS ."iO.iO Noumea—Francs to £1 . (i?..0S TiS.TS Papeete—Francs to £1 62.RS 5S.2:-: Belgium—Helens to £1 . 17.GC4 16.52!) (icrnmny—K'marks to £1 — J0.(M9 Italy—Lire to fil -- -lS.r.O Switzerland—Francs to £ 1 12.6S8 12.023. Holland—Florins to £1 . G.l'ifl .5.779 Java—Florins t.o £1 0.000 r>,769i lapan—N.Z. pence to 1 ytn — 17 15-1B. ShanpliaJ— S.Z pence to 1 dollar 1927-32 2113-32 India & Ceylon—N.Z. pence to 1 rupee 22 D-32 22 9-16 Hong Konit—N.Z. pence to 1 dollar 22 7-10 23% Singapore—N.Z. pence to 1 dollar 3111-32 33 11-32 Tbo nbove rates are for on demand transactions. TIib £1 is £1 in New Zealand currency. The above rates arc subject to alteration without notice.