FOREIGN EXCHANGE RATES

Evening Post, Volume CXX, Issue 123, 20 November 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 currrency, are as follows:—

On On demand. demand. „ , , Buying. Selling. New Zealand on £ s. d. £ s. d London— £N.Z. to £ stg. 100 123 10 .0 12i 8 9 Australia—£ A to £N\Z. 100 101 0 0 100 10 O Fiji— £F to £N.Z. 100 . 30 7 6 89 0 0 N'ew Yorlt—Dollars to £N.Z. 1 3.99% 3.95 Montreal—Dollars to £ N.Z. 1 4.03% 3.99ii Austria—Schillings to £ N.Z. 1 - 20.S5 Belgium—Belgas to £ N.Z. 1 — 23.102 Czechoslovakia—Crowns to £N.Z. 1 — 95.26 Denmark—Kroner to £ N.Z. 1 1S.21S 17.038 France—Francs to £ N.Z. 1 00.99 59.44 Germany—Reichmarks to £N.Z. 1 — 9.C27 Holland—Florins to £ M 1 0.010 5.-14 Java—Florins to £ N.Z. 1 5.957 5.CS6 Norway—Kroner to £ N.Z. 1 1G.2I0 10.330 Sweden—Kronor to £ N.Z. 1 15.S0U 15.520 Switzerland—Francs to £N.Z. 1 12.101 11.90!) Noumea—Francs to £ N-Z. 1 02.01 5S«'>9 Papeete—Francs to £ N.Z. 1 G2.04 3S.C9 Hong Konc—N.Z. peuco to 1 dollar 219-32 •'■1'-k ■ India and Ceylon—N.Z. ' pence to 1 rupee .... 22V4 22 21-32 lapan -N.Z pence to 1 yeu ■. — 17 37-64 ShaiiRhat—N.Z pence to 1 dollar 17 11-32 18 49-64 Singapore—N.Z. pence to 1 dollar S4',i Su'A The abovp ra'ps are tor on cU"<orid 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 ol New South Wales the Npw Zealand pound, compared with its original par value, is equivalent to ipproximateiy:— £ s. d. 0 16 1 In London. 10 1 In Australia. 0 16 2% in U.S.A. 0 1G 4% in Canada. 0 9 6% in France 0 9 5 In Germany. 0 9 4% in ' .lava 1 7 liy 2 in Japan.