FOREIGN EXCHANGE RATES

Evening Post, Volume CXIX, Issue 32, 7 February 1935, Page 14

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 6. ■ On' . On . ' m ». '», i. Vi ' demand, demand! To £1 N.Z. Currency. Buying. Selllna ■ London—£ sterl'gto £100 123 10 0124 7 6 A'tralia—£ Aust. to £100 101 0 0 100 10 0 Fiji—£ Fiji to £100 ... 90 7 6 89 0 0 New'York—Dollars to £1 3.97% 3.90»A Montreal—Dollars to £1 ; 5.9814 31114 France—Franca to'£l .. • 60.70 59!15 Noumea—Franca to £1 ■~ 61.75 . 58'!40 ' Papeete—Francs -to £1 . 61.75 58 40 Belgium—Belgas to £1 ... 17.371 16i086, Germany—R'marks to £1 — 9.607 Italy—Lire to £1 ..;.-,.. — 45.82 Switzerland—Florins to £1 12.476 • 12ioil Holland—Florins to £1 .. 6.010 5 714 Jaya—Florins to £1 ..... 5.965 5-.694 Japan T.T.—N.Z. pence to 1 yen ......;... —. Shanghai—N.Z. nence to 1 dollar i.. 209-16 2115-16 India and Ceylon—N.Z. pence to 1 rupee • ..... 22 0-32 22 11-16 Hone Kone—N Z. uence to 1 dollar i ,2515-16 27 1-16 Singapore—N.Z. pence to 1 dollar S4 5-16 855-16 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 ither countries is as follows:— Feb. 5. Feb; 6. £1 N.Z. ■■'£■■■ a.'d ■"■■ £ s. d London ........ 0 16 1 0 16 1 Australia ........ 1 0 1 1 0 1 U.S.A. .... .. 0 16 0 0 16 1 Canada 0 16 0U- 0 16 Ii France 0 9 6 0 9 64 Italy ............ 0 9 1054 0 9 10' i Germany 0 D 4H 0 9 4% Java 0 9 4% 0 9 4% Japan .......... 1 7 11 ITU