FOREIGN EXCHANGE RATES

Evening Post, Issue 13, 16 January 1936, 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:— On On demand. demand. Buying. Sellins. New Zealand on £ s. d. £ 8. ,d. London— £.\.Z. to £ . stg 100 123 10 0 124 8 9 Australia— £A to £N.Z. ' !00 101 0 0 100 10 0 Fiji— £Flo £N.Z. 100 . .90 T. 6 .89 0 0 New . York—Dollars to . £X.Z. 1. 4.03% 3.9894 Montreal—Dollars to £ £X.Z. 1 4.03Va 3.95>4 Austria—Schillings to £ X.Z. 1 •• — ' -O'M BelKium—Belcas to £ X.z: 1 — -3.20 l C7.c-cu..sinv,(KiH-Crowns' to £X.Z. 1 — 9a-07 Denmark—Kroner to £ v.Z. 1 , 15.21S 1i.»38 Krani'O —Francs to £ X.z. 1 61.16 59.61 Germany—Keichmarks to X.Z. 1 — 9-6Ti) Holland—Florins to £ X.z. 1 6.034 5.73S Java-Florins to £. X.Z. 1 5.359 o.i 18 Norway—Kroner to £ X.z. 1. ; 16.209 15.929 Sweden — Krunor to £ S.Z. 1 15-800 15.520 Switzerland— Francs ■ to gX.Z. 1 • 12.512 12.04".' Noumea—francs to £ Xj.Z. 1 s. 62.21 jS.SG Papeete—Francs to £ X.Z. 1 02.21 58.56 Hong Kong—N.Z. penes to 1 dollar 19 1-64 20 39-64 India and Ceylon—X.Z. pence to 1 rupee .... 22*4 22 21-32 Japan—N.Z. pence to 1 yen — 17 11-16 Shanghai—N;Z. pence to 1 dollar "IT "-32 18 41-64 Singapore—N.Z. pence to 1 dollar 341 i 35%

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 16 1 In London. 10 1 In Australia. 0 16 4»i in U.S.A. 0 16 4>'- in Canada. 0 9 6?i in France. 0 9 5% in Germany. i 0 9 o',i in Java. 1 7 9V4 In Japan.