FOREIGN EXCHANGE RATES

Evening Post, Volume CXVIII, Issue 96, 20 October 1934, Page 12

FOREIGN EXCHANGE RATES

• Closing sight rates, as Quoted by the Bank' of Kew South Wales, Wellington, for buying and selling foreign currencies, based on New Ze aland currency, were as follows:— ■ October 19. On ' On demand. demand. To £1 N.Z. currency. Buying. Selling. France—Francs to £1 .... GO.T3 59.18 ■ ' Noumea*—Francs to £1 .. M.JB 55.43 Papeete—Francs to £1 .. 61. iS 55.43 Belglum-rßelgas to £1 .. 17.303 1C.57S Germany—R'marks to £1 . — 9">»* Italy—Lire to £1 — 4j-4J „ i Switzerland—Francs to £1 12.354 11.919 ' Holland—Florins to £1 .. ti.ooo 5.704 Java—Florins to £1 5.953 5.652 ShanKhai-N.Z. pence to 1 dollar ~.,. .Koij'aj .lj -joIndia and Ceylon—N.Z. pence to 1 rupee 22 5-32 22 9-16 Hong Kong—N.Z. pence, to 1 dollar 23 3-8 2-1% Singapore—N.Z. pence to 1 „„ _,„ _ r . „ dollar 34 5-16 Sso-16 ; The above rates are for on demand transactions, excepting the Japanese yen, which is T.T. The £1 ia £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;— Oct. IS. Oct. .19. SI N. 2. £ s. (1. £ s. cl. London 0 16 1 0 16 1 Australia 1.0 1 10 1 U.S.A 0 15 11^ 0 15 11H. Canada. 0 15 7 • 0' 15 7 France 0 9 G 0.9 C,4 Italy 0 9 fIU 0 9 fl',i Germany 0 0 4»* " 9 4% < Java 0 f) -Hi » 9 *Vs * Japan 1 7 11 .18 0 ,