FOREIGN EXCHANGE RATES

Evening Post, Issue 50, 27 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:—

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. n 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. <J. 016 1 'in London. ■ . 10 1 in Australia. 0 36 •!% in ' U.S.A. 0 10 5Vi in Canada. 0 a 7>A In France U 10 •4% in Italy 0 9 (Hi in Germany. 0 9 6\i in Java. ....... ;!:. I-.-.p.'yi; ittv. .JiUiant ...^

On On ■- ■ demand. demand. Buying. Selling New Zealand on £ s. d. £ s a London— £N.Z. to £ ' " stg. 100 ....123 10 0 124 S 9 Australia—£ A to £N.Z. 100 101 0 0 100 10 0 Flji-£P to £N.Z. 100 . 90 7 C S9 0 0 New York—Dollars to i SN.Z. 1. 4.04i,i 3.99IA Montreal—Dollars to £ N.Z. 1 ■ 4.0154 4 00% Austria—Schillings to £ N.Z. 1 _ 20.79 Belgium—Bolgas to £ N.Z.. 1. — 23.410 Czechoslncakia—Crowns to SN.Z. 1. \\. — 95.9! . Denmark—Kroner to £ ~ NZ. 1 1S.21S 17.038 France-^-Francs to £ N.Z. 1 G1.32 59.77 (Jermany—Reicbmarfcs to £N.Z. 1 — 0.736 Holland—Florins to £ N.Z. 1 G.OSS 5 702 Italy—Lire to £N.Z. 1. — 4S 03 ■lava-Florins to £ N.Z. 1 6.045 5.77.J Norway—Kroner to £ 1 N.Z. 1 10.203 13.02S Sweden—Kronor to £ N.Z. 1. 13.S00 13.520 Switzerland—Francs to £N-Z. ,1 12.531 12.0G9 Noumea—Ifraucs to £ N.Z. 1. 62,37 59.02 Papeete—Francs to £ N.Z. 1 G2.3? 09.02 I Uoni:. Kong—N.Z. pence ' ! to 1 dollar 29 1-32 30 5-32 India &. Ceylon—N.Z. ' peuce to J rupee 22 7-32 22% I .Innan—N.Z pence to 1 ! yen • — ' 1729-32 Shanghai—N.Z pence to . . 1 dollar 211/. 22 ;i Singapore -N.Z. pence to 1 dollar 34 7-32 35 7-32