FOREIGN EXCHANGE RATES

Evening Post, Volume CXXII, Issue 13, 15 July 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 areas follows:— , Buying. Selling. Oil demand. On demand. New Zealand on £ s. d. £ s. U. Londou— £X.Z. to £ stg. 100 123 10 0 121 8 0 Australia— £A to SN.K. •100 •.•.,.10.1-0 0 100 10 0 Fiji—£Ftp £X.Z. 100 . 1)0 '7 0 80 0 0 New 'York — Dollars to SX.Z. 1. ; 4.07"n J.03% Montreal—Dollars to £ N.Z. 1 • •i-OS's -1.03% Austria—Schillings to & N.Z. 1 — 2U.90 Belgium—Belgns. to 22 X'.Z. 1 — 2:1.7 -12 Czechoslovakia — Crowns to £N.Z. 1. ..' —. a0.31. , Denmark—Kroner to £ N".Z: I 18.2G3 17.903 France—Francs to & V.Z. 1. — C0.73 Germany—Reichmarks. to £N.Z. 1 , — 9.933 Holland—Fiorina to £ NX 1. — 3.877 Java—Florins to £N.Z. 1 -. — 5.557 Norway—Kroner, to £ IS'.Z. 1. .-. 1G.2J.". 15.003 Sweden—Kronor to £ •N.Z. 1. ...',......... ]s.Slj 15.500. Switzerland—Francs to £N.K. 1. . — 12.243 Noumea—l'rancs to £. N.Z.n. ;..:..i~... { -.. — ■ 39.3S Papeete—Francs to ' £ ' ■ -' ' y.Z. 1 — . 59.33 Hong Kong—X.K. ' pence : ■ . to:-1--dollar IS 20-«4 19 81-6-1 India • and Ceylon—X.Z. pence to 1 rupeo .... 22 3-01 . Z2% Japan^N.Z.. pence to 1 yon ' — 175* Shangba!—Jf.Z. pence to ... 1 dollar 10 50-64 IS 15-32 Singapore— y.Z'. pence to 1 dollar 3115-64 '3315-32 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. (1. 0 10 1 in London. 10 1 In .Australia. 0 ](S G?i in U.S.A. i 0 If. 7 in Canada. 0 9 S'A in Trance. 0 i) H% in ficrmany. 0 9 7% in .JoTa. . 1 7 10].i in Jauun.