FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 9, 10 July 1935, Page 14

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 cur-^ rency, are as follows:— On On demand, demand. Buying. Selling. New Zealand on £ s. d. £ s. d, L onc, r -£N.Z.to^s. g;i23io fl m „ , 'Too"" 11"".!!..^.". 2: 101 0 0 100 10 0 Fiji—£F to £N.Z. 100 .00 7 6 SO 0 0 New York—Dollars to SX.Z. 1 4.03U . 3.05V4 Montreal —Dollars to £ XZ.I 4.03% 3.09>/s Austria-Schillings to £ N.Z. 1 — 20- 79 Bol'itum—Bclß.is to £ N.Z. 1 — 23.0 Dl Czechoslovakia - Crowns to £X.Z. 1 — Oa- 10 DTz"V K™? r..'.°... £ 18.218 17.033 Franco—Francs to £ X.Z. 1 01.14 • 59. u9 Oei-iminy'-Keichmnrks to £N.Z. 1 — °-OS3 Holland-Florins to £ ' X 55, 1 6.010 . 5.1 44. Italy—Lire to £N.Z. 1. — 47.55 Jnrn-Florln. .o_£ 8 .. 18 NTrr KrOner... l. O.... £ 16.210. 15-030 S7)T7 lCron"... £ 15-SOO 15.520 ' Xrmmea—Francs to £ . X.Z. 1 C 2.10 55.54 ['iinpcto—Francs to £ X.z. 1 G2.10 59.84 lions KnnK —N.Z. penco ; to 1 dollar — — Inilln & Ceylon—N.Z. pence to 1 mpeo .... 22 7-32 22-;& Japan—N.Z. pence to 1 yen — 17 13-16 Shanghai — N.Z. penes to 1 dollar , — — Singapore—N.Z. penco to 1 dollar 343-32 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 subiect 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:— £ a. d. 0 Hi 1 In London. 10 1 In Australia. / 0 Hi' i\i in U.S.A. 0 lli 4% ill Canada. 0 0 7 in France. 0 10 4»4 In Italy. 0 0 Ti% in Germany. 0 9 OVI i" Java. ~ 17 7 in Japan.