FOREIGN EXCHANGE RATES

Evening Post, Issue 29, 4 February 1935, 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, are as follows:— February 2. On ' O\ . », '».'»'' ■ .demand, demand. To £1 N.Z. Currency. Buying. Selling. London—£ sterl'g to £ 100 123 10 0 124 7 6 A'tralia—£ Aust. to £100 101 0 0 100 10 0 FIJI—£ FIJI to £100 ... 90 7 0 89 0 0 Ne\7 York—Dollars to £1 3.96»,4 3;B9Vi Montreal—Dollars to £1. . ' 3.95«4 ' 3.90' A France—Francs to £1 ... 60.58 59.03 Noumea—Francs to £1 .. 61:63 58.2S i Papeete—Francs to' £1 .. 61.63 58.28 ' Belgium—belgas to £1- ... 17.339 16.554 Germany^-rß'marks to £1 — 9.591 Italy—Lire to' £1 ....... — 4ri.4'j Switzerland—Francs td £1 12.448' 11.983 I Holland—Florins to £1 .. 5.998 5.702 Java—Florins to £1 ..... 5.957 5.686 . Japan T.T.—N.Z. pence to ' . 1 yen — _ Shanghal^N.Z. nencs to 1 dollar : .... 20 9-16 2115-16 India anfl Ceylon^-N.Z. pence to 1 rupee ...... 229-32 2211-16 Hone Kong—N.Z. pence to 1 dollar ...; ...... 25 15-16 27 1-16 Singapore—N.Z. pence to 1 •'■ dollar .....345-16 856-16 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 £1 New Zealand currency in other countries is as follows:— Feb. 1. Feb. 2. ■ £1 N.Z. £ s. d. £ s. d. London ........ 0 16 1 0 16 1 Australia .....;... 1 0 1 10 1 U.S.A. .......... .0 16 . 0 , 016 0 ' Canada .......... 016 0% 016 OM. Franca 0 9 6 0 9 6 Italy 0 9 IQVa. 0 9-10U-Germany ........ 0 9 4% 0 9 -4% Java ............ 09 4% 0 9 4% Japan 1-T-1I.: I T\ll