FOREIGN EXCHANGE RATES

Evening Post, Issue 63, 11 September 1935, Page 12

FOREIGN EXCHANGE RATES

Uosing 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. d. London—£X.Z. to 51 stg. 100 .........\. 123 10 0 124 8 9 Australia—£A to £X.Z. 100 101 0 0 100 10 0 Fiji—£F 1o£X.Z. 100 . 90 7 6 \ S9 0 0 Kew York—Dollars to . £X.Z. 1.. ......... 4.01H " 3.96U Montreal—Dollars to £ X-Z. 1 .< 4.02}£ ' 3.07% Austria—Schillings to £ ' X.Z. 1. _ . 20 74 Belgium—Belgas to £ % . . . X.Z. 1. ' — 23.242 Czechoslovakia—Crowns • to £X.Z. 1 — 95.S3 Denmark—Kroner to £ N-Z. 1 18.218 17.938 France —Franca to £ • N.Z. 1. 61.16 S9.61 Holland—Florins to £ X-Z. 1 C.064 5.76S Java —Florins to £ y-Z. 1. G.029 5.75S Norway—Kroner to £ N-Z- 1. ■•• -■ 1G.208 15.928 Sweden—Kronor to £ i N'Z. 1 15.797 , 15.517 Koumea—Francs to £ • X.Z. 1. ........... 02.21 5S.S6 Papeete—Francs . to £ ' N-Z. 1 ".. 62.21 5S.S6 Hong Konc—X.Z. pence fo 1 dollar 29 7-16 30 9-16 India and Ceylon—X.Z. pence to 1 rupee 22 7-32 22 % Japan—X.Z. pence to 1 yen — 17 51-64 Shanghai—N'.Z. pence to i 1 dollar ■:. 2123-32 ■'23 3-32 Singapore—X.Z pence to 1 dollar 347-32 35 7-32 . The above rates are for on demand transactions. 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 IB 1 in London. 1 0 1 in ' Australia. 0 16 3U in U.S.A. 0 16 4 in Canada. ■ ■ 0 9 7 in France. — in 'Italy. — in Germany. 0 9 6 . in Java. 1 1 7 7 in Japan.