FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 112, 7 November 1935, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates as quoted by the Baus of New South Wales, Wellington, today for buying and sellins foreign currencies, based on New Zealand currency, are as follows:— On On demand. demand. Buying. Selling. New Zealand on S a. d. £ «. d. London—£N.Z. to S sts;. ICO 123 10 0 124 8 9 Australia—£ A to £X.Z. 100 101 0 0 100 10 0 Kijl—£F to E.S.Z. 100 . 00 7 6 89 0 0 New York—Dollars to £X.Z. 1 3.99^ 3.941.5 Montreal—Dollars to £ X.Z. 1 4.03% 3.0S ■{, Austria—Schillings to £ X.Z. 1 — 20.90 jri'Kiiini-Beic&E to £ '. X.Z. 1 — ' 23.111 Czechoslovakia—Crowns to £X.Z. 1 — 05.31 Denmark —Kroner to £ N.Z. 1 15.21S 17.033 Ifrani'e—Kranca to £ X.Z. 1 60.94 59.30 Germany—Reichmarks to £N.Z. 1 — 9.631 Holland—Florins to £ N.Z. 1 6.006 5.710 Italy—Lire to £X.Z. 1. — 48.03 Java—Florins to £ X.Z. 1. 0.937 5.656 . Norway—Kroner to £ N.Z. 1 16.211 15.931 Sweden—Kroner to £ N.Z. 1 13.500 15.520 Switzerland—francs to £N.Z. 1 12.43S 11.393 Noumea—Francs to £ X.Z. 1 G1.99 53.61 Papeete—Francs to £ X.Z. 1 61.99 55.64 Hong Kong—N.Z. pence to 1 dollar 22 7-32 23 11-32 India and Ceylon—N.Z. pence to 1 rupee .... 22 7-32 22% Japan—N.Z. pence to 1 yen — 1743-64 Sha.nch«i)—JJ.Z. pcncß to 1 dollar 17 7-1S IS 13-16 Singapore—i\.Z. pence to 1 dollar E4\i 55"4 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 oy the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— £ s. d. 0 16 1 in London. 10 1 in Australia. 0 16 2 in U.S.A. 0 16 4^ in Canada. . 0 fl '7 In France. 0 10 5 in Italy. 0 9 5 in Germany. . 0 9 5 in .lava. 1 1 S\i in Japan. .