FOREIGN EXCHANGE RATES

Evening Post, Volume CXIX, Issue 30, 5 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:—

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 ither countries is as follows:—

■ February 4. On On m r>, '■». „ ■'•„' demand, demand. To £1,N,Z. Currency. Buying. Selling. London—£ sterl'g to £100 123 10 0 124 7 6 A'tralia—£ Aust. tofilOO 101-0 0 100 10 0 Fill—S Fiji to £100 ... 00 7 6 89 0 0 New ..York—Dollars to £1 3.96% 3.89% Montreal—Dollars to £1 .. 3.95V. 3 90% France—Francs to £1 ... 00.68 " 59 13 Noumea—Francs to £1 .. 61.73 58.38 Papeete—Franca to £1 .. ■ 61:73 58.38 Belgium—Bolgas to £1 .. 16.560 15.775 Gormany—R'marts to £1 — 9.607 Italy—Lire to £ 1 — 45 57 Switzerland— Fiorina to £1 12.466 12.001 Holland—Florins to £1 .. 6.00G 5 710 Java—Florins to £1 : 5.965 5.694 Japan T.T.—N.Z. pence to 1 yen — Shanghai—N.Z. pence to 1 dollar 207s 22% India and Ceylon—N.Z pence'to 1 rupee 22 9-32 22 11-16 Hong'-Kimir—N.Z. pence to 1 dollar 25 27-32 27 31-32 Singapore— N.Z. pence to 1 dollar 34 5-16 355-16

I'eb. 2. £1 N.Z. £ s. d. LotulOB 0 16 1 Australia i ] 0 1 U.S.A. 0 IB 0 Canada o 16 OU Prance- 1- .......... 0 9 ,6 Italy 0 9 10% Germany ...:.... 0 9 4% Java 0 9 4% 'apaa, *.,!**&..... 1 I a Feb. 4. £ s. d. 0 16, 1 . 10 1 0 16 0 0 16 0% 0 9 6 0 9 10>4 0 9-4% 0 9 4% .1 1 IX