FOREIGN EXCHANGE RATES

Evening Post, Volume CXXI, Issue 78, 1 April 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. Selling. New Zealand on £ s. d. £ s. d. London—£N.Z. to £ stg., 300 123 10 0 121 8 0 Australia—£A to £N.Z. 100 101 0 0 100 10 0 FIJI—£F to £N.ii. 100 SO 7 6 80" 0 0 New York—Dollars to £ N.Z. 1. 4.01?s 3.07% Montreal—Dollars to £ N.Z. 1. ............. 4.0-1 3.99% Austria—Schillings to £ N.Z. 1. — 20.05 Belgium—Belgas to £ . N.Z. 1. — 23.388 Czechoslovakia—Crowns to £N.Z. 1 — ,93.19Denmark—Kroner to £ N.Z. 1 18.263 17.903 France—Francs to £ N.Z. 1. : 61.37 60.13 . Germany—Rclchmarka to £N.Z. 1 — 9.530 Holland—Florins to S N.Z. 1 0.02:5 5.817 Java—Florins to £ N.Z. 1 G.9D7 5.781 Norway—Kroner to £ N.Z. 1. 16.2-13 13.903 Sweden —Kronor to £ N.Z. 1. 15.545 15.500 Switzerland—Franca to £N.Z. 1. 12.500 12.130 Noumea—Francs to £ N.Z. 1. 63.17 55.78 . Papeete—Franca to' & N.Z. 1 • 53.17 58.93 Hong Kong—N.Z. pence to 1 dollar 18 51-61 20 39-64 India and Ceylon—N.Z. ■ pence to I rupee .... 22 3-64 ■ 22% Japan-N.Z. pence to 1 yen — -J.iD-.lb Shanghai—N.Z. pence to • 1 dollar ............ li 5-64- 18"/ i Sln ß a|)ore-N.Z. Denes to ~,,,, 1 dollar 3415-64 3o 15-32 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 in f.ondon. j 0 1 In Australia. 0 10 ."% In U.S.A. n l(i a In Canada.. 0 9 S in France. (i n 7Vj in (Jermany. (I 0 fiy. in .Tiiva. 1 7 11V4 i" Jii[>an.