FOREIGN EXCHANGE RATES

Evening Post, Volume CXVIII, Issue 51, 29 August 1934, Page 12

FOREIGN EXCHANGE RATES

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

'Ilia above rates are for on demand transactions. The £1 is £1 in New Zealand currency. The above rates are subject to .alteration without notice. ,

.Based on the abov.e rates.of exchange the value of £1 New Zealand currency in ! other'countries'is as follows: — Aug. 27. Aug. 2S. £ t S.Z. ' ' £■s. d. , U s. cl. ■London ; 0 lli 1' 0 16 1 Australia t 0 1.1 0. 1 United States'' ....... 0 Hi 4% I) 1G -4-1* Canada !. ...... ' 0 15 11% (I 15 11% France 0 fl 7*4' 0.8 TVs Italy 0 fl lO'.i ft n 10% llcrniitny U !) KM.i 0 9 10%

On On demand. demand. To £1 N.Z. currency. Buying. Soiling. AllffUSt 2S. I'-''' France—Francs to £ 1 .. 62.00 • 39.84 - Noumea—Francs to, £1 .. 63.10 58.89 Papeete—Francs to £1 .. «2.94 59.34 Belgium—Belgasto £1 .. 17.693 1G.558 German} —K'marks to £1 — 10.1D6 Italy—Lire to £1 ....... — 45.74 Switzerland—Francs to £1 12.709 12.044. Holland—Florins to £1 . 6.M9 3;S03 Java—Florjns to £1 .... 6.090 .j.769 Japan—X.Z. pence to 1 yen — ■ .17 31-32 Shanghai—N.Z. pence to 1 dollar '.. 1013-16 21% India and Ceylon—X.Z. pence to 1 rupee ..'.;.. 225-32 229-16 rtong Kong—X.Z. pence to 1 dollar 22 19-32 23 29-32 Singapore—N.Z. pence to 1 dollar 34 11-32 35 11-02