FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 38, 13 August 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. Xew' Zealand on £ s. d. £ s. d. London—£X.Z. to £ . . stB. 100 123 10 0 124 8 9 Australia—£A to £X.Z. 100 101 0 0 100 10 0 Fiji—£F to £X.Z. 100 . 90 T 6 S! 1 1 New York—Dollars to £X.Z. 1 4.03% 3.98 3i Montreal—Dollars to £ X.Z. 1. 4.04V* 3.99% Austria—Schillings to £ X.Z. 1 — 20."2 Belgium—Belgas to- £ X.Z. 1. '. — . 23.330 Czechoslovakia—Crowns to £X.S5. 1. — 95.67 Denmark—Kroner to £ N.Z. 1. 1S.21S 17.038 France —Francs to £ X.Z. 1 01.IS ' 59.61 Germany—Reichmarks to £X.Z. 1 — 9.071 Holland —Florins to £ ■ • • ■ X.Z. 1. .'. 6.0S4 5.78S Italy—Lire to- £ X.Z. 1. — 47.90 Java —Florins to £ - X.Z.I.'.. G.037 . . 5.766 Noumea—Francs to £ X.Z. 1. :' 16.209 15.929 '• Sweden—Kron or to £ X.Z. 1. ..: 15.797 15.517 Switzerland—Francs to £X.Z. 1. 12.482 12.017 Xoumea—Francs to ■ £ ■X.Z. 1. G2.21 5S.S6 Pancete—Francs to £ X.Z. 1 62.21 5S.SG HonR KonK —X.Z. pence to 1 dollar 30%- 31% India & Ceylon—X.Z. pence lo 1. rupee 22 7-32 22% Japan—X.Z. pence to 1 yen — 17 27-32 Shanghai—X.Z. pence•to ■ . . 1 dollar 21'& 22% Singapore—X.Z. pence to 1 dollar 3H-1G 35 1-16 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 If! 1 In London. 1 0 1 in Australia. 0 16 4% in U.S.A. • ' 0 IB' 5 in Canada. '■'097 in France 0 lfl 4U in Italy. 0 9 n-14 in Germany. 0 !) 6U in Java. ■ 17 7 in Japan.