FOREIGN EXCHANGE RATES

Evening Post, Issue 12, 14 July 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:— ' •

■ Buying. Selling. . . On demand. On demand. New Zealand on £ s. d. ■■ £ s. d. London—£ N.Z. to £ stj. ■100; '..i. 123 10 0 124 8 9 Australia—£A to £N.Z. 100. 101 0 0 100 10 0 Fiji—£F.to £N.Z. 100 . 1)0 7 G-S9 0 0 New York —. Dollars to 1 £N,Z. i: .... 4.07y 8 4.03% Montroal—Dollars to £ , • N.Z. 1. -4.08*i . . . 4.03% Austria—Schillings to £ N.Z.I.......... — -20.99 BelRium —Belgas to fl N.Z. •! — 23.74G Czechoslovakia — Crowns to £N.Z. 1. ... '.. '—■ 06.31 Denmark—Kroner — to £ ■ ■ N.Z. 1. 1S.263 17.003 Franco—Francs' to £ ■ ' ' ' ' ; n.z. i. ........:...— • ao.Ts Germany—Kelchmarks to SN.Z. 1. — ' 9.945 Holland—Florins to £ ' : N.Z. 1.•..'... — 0.S84 ■ Java—Florins' to £NiZ. ■' ■1. ..;./.....•...:..".. — ' ' ' ' 5.SI5 Norway—Kroner' -'to £ ' N-Z. I.''" -..• ■ 16.243 15.903 ■ Sweden—Kronor.- to £ N.Z. 1." ,: s . 35.8JI ' 13.500 SwItzerlarid-^-Francs to £N.Z. 1. ..:....; — 12.233 Noumea—Francs to £ N.Z. 1. ■■— 59..13 Papeete—'Francs to £ N.Z. 1. ;.... — -59.5S Hong Kong—N.Z. ponco to 1 doUar 1S23-C1 ! 19 39-64 India and Ceylon—N.Z. pence to 1 rupee .... • 22 3-61 2""' 3 Japan—N.Z. pence to 1 ' yen — 1754 Shanghai—N.Z. pence to 1 dollar ' 10 59-G4 IS 15-32 Singapore—N.Z. pence to I' dollar ...... ... 3-113-G4 33 13-32 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:— £ s. <i. 0 10 1 in London." 10 1. iu Australia. 0 1G 6% i« U.S.A. 0 16- 7 in Canada'. . 0 9 914 in Prance. ■ ■ ' , I) 9-8% in Germany. , I U 0 T?l in Java. 1 7 JO',2 In Japan.'