FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 87, 9 October 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 currency, are as follows:—

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:— " £ a. d. 0 16 1 la London. 10 1 in Australia. 0 IB 1% in U.S.A. 0 1G 4% in Canada. 0 9 6 In France. 0 10 3% In Italy. 0 9 4Vi In Germany. 0 » 5'A in Java. 1 7 9-7 iin Japan.

On On demand. demand. Buying. Selling. New Zealand on £ s. d. £ (. d. London—£N.Z. to S Bts. 100 .' 123 10 0 124 8 9 Australia—£ A to £NJ5. :v. \ "; 100 101 0 0 100 10 0 fljl-£F to £N.Z 100 91 1 1 89 0 0 New York—Dollars to £N.Z. 1 3.9SV4 3.93% Montreal Dollars to £ N.Z. 1. ....*...,,... 4.03y a 3.08% Austria—Schillings to £ N.Z. 1. — 20.49 Belgium—Belgas to £ N.Z. 1 — 23.033 Czechoslovakia—Crowns " to £N.Z. L — 91.70 Denmark Kroner to £ ■"•■ N.Z. 1 18.213 17.938 France—Franca to £ N.Z. 1 60.71 59.16 Germany—Eelchmarka to . SN.Z.1 '. — 9.5S3 Holland—Fiorina to £ N.Z. 1 ' COOS 5.712 Italy—Lire to £N.Z. 1. — 47.58 Java—Florins to £ £N.Z. 1 : , 5.9S9 5.718 Norway—Kroner to £ N.Z. 1 16.210 15.830 Sweden—Krouor to £ N.Z. 1 13.79S 13.51S Switzerland—Franca to £N.Z. 1 12.396 11.931 Noumea—Francs to £ N.Z. 1 61.76 5S.41 Papeete—Francs to £ N.Z. 1 61.76 5S.-U Hong Kong—N.Z. pence to 1 dollar 23 13-16 30.15-16 India and Ceylon—N.Z. pence to 1 rupee ... 22 7-32 22% Japan—N.Z. pence to 1 yen — 17 21-32 Shanghai—N.Z. penco to 1 dollar 2.131-32 2311-32 Singapore—N.Z. pence to 1 dollar - SiVi Sj'A