FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 18, 20 July 1935, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates as quoted by the I Bank of New South Wales. Wellington, today for buying and selling foreign currencies, based on New Zealand currency, are as follows:— On Ou demand, demand, j 0 llu.viiig. Selling. New Zealand on £• s. d. £ s. d. | London—£X.Z. to £ slg. 10(1 123 10 0 124 3 i) Aiisimiiii - i:A it £.\ Z 100 101 0 0 100 10 U Fiji—&K to £N.Z. 100 .U0 7 6 Si) 0 0 Nch Vnru—Dollars to .e.v.z. i 4.02% .•>.«"% UuiitiTiil—Dollars to £.\.Z. 1 4.02% :;.!'SVi Austria—Schillings to ii N.is. 1 - 20.71 Bclwiuni—Belyas to £ N':Z. 1. — 23.2U3 Czocli'Klmnkia - Grmvns to £N.z: 1. ■ — !•■':"' Ociiiiiark —Kroudi (o £ N ' z . i. T-5.2.1S IT.OSS Ifrniii-o —b'raucs to £ N.Z. 1 60.9-1. 3!».^9 . Germany—Reiclimarks to £N.Z. 1 ~- — .'.9.U31 Holland—Jflorlns to £ N.Z. 1 ■... «-U" "'•'■-6 Italy—Lire to £N.Z. 1 — . 4'-'IS Java—Florins to £ N.Z. 1. ........:' 5.UU5 ->.UM Norway—Kroner to S ■■tf.'/j. 1. •• '16.218 1j.032 Sweden—Kronor to S n.z. i. .;.....:...... :s.soi 15.521 Switzerland—Francs to S N.Z. 1. ..'... 12.434 31.960 . Noumea—Francs to S ' ■ X.Z. 1 ..■ 61.0(1 nS.O4 Papeete—Franca to £ . ■ N. 7!. t • 81.'99 . MM Uous Kons—N.Z. pence * to 1 dollar :. .!!1% 32V4., India and Ceylon—N.Z. ' ' pciice-to 1 rupee-... 22 7-32 . -22«;» ■Japan—N.Z. (Jetice to 1 j- elI ~..'.• — 17 13-10 Shanghai—N,Z. pence to . . ■ 1 dollar ..-..■ 22:! i 24V4 Singapore—N.Z. pence to 1 dollar S4 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. T:he 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;b. d. -.'•.■, 0 IB 1. Iv • LomlOD. 1 0 1 Iv Australia. 0 1(3 4 in U.S.A. (I 101 4Yt in . Cuuada. 0 II C l/. in Krmii-e. 0 10 3>,i In.' linl.v - II 9 DV. In Gcrmauy. ' ■ ~ ' '■:().» 4% in'; '."Jarii. ■ . ' I- 7 7. in .-.-.Japiiu.. ~ ■