FOREIGN EXCHANGE RATES

Evening Post, Volume CXVIII, Issue 114, 10 November 1934, Page 12

FOREIGN EXCHANGE RATES

Closing, sight rates,' as quoted'by the Bank of New South Wales,. Wellington, for buying and selling foreign currencies, based'on New Zealand currency, were as follows:— V Novombor 9. On , On demand.' demand. To £1 N.Z. currency. \ Buying. , Selling Franco—Francs to £1 ~ 62.04 : 60.49 Noumea—Francs to £1 .. 63:09. 59.74 Papeete—Francs to £1 .. 63^09 > 59,74 Belgium—Bclgas to £1 .. 17.703 1G.920 Germany—K'marks to £1 ' -^ ; .9.706 Itiily^Llro to £1 ... '.',' — 48.42 Switzerland—Francs to £1 12.G41 12.176 Holland—Florins to £1 .. 6.132 3.838 Java—Florins to £ 1 0.098 ■ 5.827 Japan T.T.—N.Z. penco to 1 yen — — Shanghai—N.Z. pence to' ■ ' 1. dollar .: .'. 19 5r32 20 17-32 India and Ceylon—N.Z. jience to 1 mpeo 22 5-32 ■ 22 9-16 Honpr Kong—N.Z.: penco to v 1 dollar i.1. 23 29-32 25 1-32 Singapore—N.Z. pence-to 1 dollar ............... 34 5-16 35 5-16 The above rates are for on ' demand transactions, excepting the Japanese yen. The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice. Based on the above rates of exchange the value of '£INNeww w Zealand currency in other .countries is Jas*followsi— ' .• NoV.B.' Nov. 9. £1 N.Z. ■ '-■'■ £ s. d."- ■ •£ s.d.i London « 16 1 0 16 1 Australia 10 1 10 1 IT.S.'A. 0 16 0% 0 16 0% Canada .- 0 13 9 0 IS 9 Franco •...-, ;.O 9. S% , ,;0 9 ' Bft Italy :.... 010 ,o>i ~ 0 10' 0% Germany .*.. 0 9 6%° 0.9 G% Java' : :0 9 T>A ' 0" 9 Th'z Japan ....'....;. 1 7 9 I' 7 »