FOREIGN EXCHANGE RATES

Evening Post, Volume CXXI, Issue 104, 4 May 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:—

The above rates are for on demand transactions. The £1 is £1 in New Zealand currency. The rates arc 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 ETproximately:— £ s. d. S IS 1 In London. 10 1 in Australia. 0 16 3<4 in U.S.A. . 0 16 3% in Canada. B 9 8 in Trance. 0 9 7 in liermany. 0 ,9 6 in Java. 1 T 10' iin Japan.

On demand. On demand. Buying. Selling. New Zealand on £ s. d. £ 8. d. London—£N.Z. to £ stg. 100. 123 10 0 124 8 0 Australia—£ A. to £N.Z. 100. 101 0 0 100 HI 0 Fiji—£F to £N.Z. 100. . 00 7 « Sl> 0 0 New York—Dollars to SJT.Z..1 i.OOik 3.96% Montreal—Dollars to £ N.Z. 1. 4.01V4 S.07>4 Austria—Schillings to £ N.Z. 1 — 20.79 Belgium—Belgaa to £ N.Z. 1. — 23.332 Czechoslovakia—Crowns to £N.Z. 1. — 93.11 Denmark—Kroner to £ N.Z. 1 1S.2G3 17.003 France—Francs to £ N.Z. 1 61.29 60.05 Germany—Reichmks. to £N.Z. 1 — 9.S06 Holland—Florins to £ N.Z. 1 0.010 5.S01 Java—Fiorina to £N.Z. 1 5.9S1 5.7C5 Norway—Kroner to £ N.Z. 1 16.243 15.903 Sweden—Kronor to £ N.Z. 1. 15.845 15.500 Switzerland—Francs to £N.Z. 1 12.481 12.114 Noumea—Francs to £ N.Z. 1 63.09 5S.70 Papeete—Francs to £ N.Z. 1 63.09 58.85 Hong Kong—N.Z. pence to 1 dollar IS 51-01 20'23-64 India & Ceylon—N.Z. pence to 1 rupee 22 3-01 22% Japan—X.Z. pence, to 1 yen — 17% Shanghai—N.Z. pence to 1 dollar 17 5-61 18% Singapore—X.Z. pence- to 1. dollar 3115-61 35 15-32