FOREIGN EXCHANGE RATES

Evening Post, Volume CXXI, Issue 20, 24 January 1936, Page 12

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. Selling. New Zealand on £ s. d. £ s. d. Londou—£N.Z. to £ Stg. 100' 123 10 0 124 8 9 Australia—£A to £N.Z. 100 101 0 0 100 10 0 Fiji— £P to £N.Z. 100 . 50 1 « 89 0 0 Now York—Dollars to £N.Z. 1 4.03'i 3.99% Montreal—Dollars to £ N.Z. 1 ■. '1.03% 3.09% Austria—Schillings to £ N.Z. 1 — '-'0.79 Belgium—Belgas to £ N.Z. 1 — 23.416 Czechoslovakia—Crowns to £N.Z. 1 — 91.95 Denmark —Kroner to £ N.Z. 1 1S.263 17.903 France —Francs . to £ N.Z. 1 61.29 <i0.03 Germany—Itclcumarks to £.N.Z. 1.. — 0.826 Holland—Florins to £ N.Z. 1 6.020 5,814 Java—Florins to £ N.Z. 1 0.003 5.789 Norway—Kroner to £ N.Z. 1 lOfe-15 13.905 Sweden —Kronor to £ N.Z. 1. 15.843 1j>.500 Switzerland—Francs to £N.Z. 1 12.509 12.139 Noumea —Francs to £ N.z.i fis.oo nsjo Papeete—Francs to £ N.Z. 1 C3.0!) 58.85 Hong King—N.Z. peuce to 1 dollar IS 2:s-:i2 20 17-32 India and Ceylon—X.Z. penco to 1 rupeu 22 1-Hi 22 37-G4 Japan—N.Z. penco to 1 yen — 17 39-64 Shanshal—N.Z. pence to ' 1 dollar 17'i 18 43-04 Singapore—N.Z. pence to 1 dollar 3» 13-iSl MT-10 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 1G 1 In London. 10 3 in Australia. ■|) IS i% in U.S.A. ' 0 1G 4% In Canada. 0 9 8 in France. 0 9 7'i in Germany. 0 n 6% in Java. 1 7 10% in Japan.