FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 6, 6 July 1935, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates as quoted by the Bank of New South Wales, Wellington, today for buying and selling foreign currencies, based on New Zealand currency, are as follows: — On On demand, demand. Buying. SellinG. New Zealand on ' £ s. d. £s. 4 London—£ N.Z. to £ stg. « ,«. » » 100 123 10 0 124 8 9 Australia—£A to £N.Z. 100 101 0 0 100 10 0 Fiji—£F to £N.Z. 100 .00 7 6 S9 0 0 New York —Dollars to £X,Z. 1 4.01% ' 3.907 a Montreal—Dollars to . £N.Z. 1. 4.02% 3.9SJ£ Austria—Schillings to £ N.Z. 1 — 20- 79 8!1. 6".. 4. 0..-.* - *3.2«" Czechoslovakia — Crowns to £X.Z. 1 — . • 93-02 DTl'lt Kr.r:..!?.. B. 18.218 17.033 France—Francs to £ i N.Z. 1 60.96 50.41 Germany—Ketchmarks to £X.Z. 1 — 3-63' Hnlland—Florins to £ NZ 1 8.016 5.^20 Italy—Lire to £X.Z. 1. — 47.38 Jara—Florins to ,£ N.Z. 1 8- 5.973 5.702 Norway—Kroner to £ N.Z. 1. 16.210 15.930 Sweden—Kronor to £ X.Z.I. 15.800 15.520 Switzerland —Francs to £ X.Z. 1 12.430 11.965 Noumea —Franca to £ N.Z. 1 62.01 58.66 raneete—Francs to £ N.Z. 1 62.01 55.66 Hong Kong—N.Z. pence ■• to 1 dollar 32 17-32 33 21-32 India & Ceylon—N.Z. pence to 1 rupee .... 22 7-32 22% Japan—N.Z. pence to 1 yen — ' — Shanphal—N.Z. pence to 1 dollar 231-16 2-17-16 Singapore—N.Z. pence to 1 dollar 34 3-32 35 3-32 "The above rates are for on demand transactions, excepting the Japanese yen, which is for telegraphic transfers. The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice. Based on the figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— £ s. d. 0 lfi 1 in London. 10 1 in Australia. 0 16' 3% in U.S.A. 0 16 4 in Canada. 0 9 6ai in France. 0 10 3 in Italy. 0 9 5 in fiermany. 0 9 5 in Java. 17 7 in Japan.