FOREIGN EXCHANGE RATES

Evening Post, Volume CXVIII, Issue 53, 31 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: —

The 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 above rates of exchange the value of £1 New Zealand currency in other countries is as follows :— ■■...' Auc 2fl. Auk. 30. El NX. ■ ; £ s. d. £ s. d. London . 0 1« 1 0 10 1 Australia 10 1 1 0 1 United States Q 10 4% <> 16 4't Canada » IS "% « " "% Trance .... « !) 7% 0 !) OVi It(l i y on iovj " no Gerinnny ,0 !) 10 0 0 9

■■• :■'■'.': ..:--,.' . . .()„ ■■ on .■•• ':. .':. , :. demand.' demand. To £1 N.Z. currency. Buying. Sellinc. August 30. . ' ■'.'■■ France-^Francs to £1 : . Cl.GS . HO.38. Noumea —Francs to £'1 . 02.73 58.43 Papeete—Francs to- £1 . ■62.-4S- H8.88 Belgium—Belgas to £1 . l'V50.0 ie-461'' Germany-^-R'marks to £1 — 9.901 Italy—iilto-to £1 .. — 15.41 Switzerland-Francs to £ 1 12 CIO 11.951 Holland-Florin* to £1 .. «.1O3 5.T6T ' jaTa—Florlns to-£1 ... C.0S2 ...761 Japan—N.Z. pence to 1 yen — 18 Shanghai—N.Z. pence -to 1 dollar' 102u-u2 _'l ll-JJ India and Ceylon—X.Z.. ■ „ j. pence to 1 rupee --«-. — a-m Hone ■•.Kong-N.Z.-. pence. ■■',.■■ ■ to. 1. dollar ............ 22',-j -^ ld-lb Singapore—N.Z. pence to 1 ■ „ ,-..,, dollar 3111-32 3d 11-32