FOREIGN EXCHANGE RATES

Evening Post, Volume CXXII, Issue 71, 21 September 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 s. d. £ ft. d. London—£N.Z. to £ stg. 100 123 10 0 324 8 9 Australia—£ A to SN.Z. 100 101 0 0 100 10 0 Mjl— S.V to £N.Z. 100. . 00 7 6 S9 0 i 0 New York — Dollars to s £N.Z. 1. .... 4.10% 4.0G& Montreal—Dollars to £ X.Z. 1 4.10% 4.0GVi Austria—ScliIllinRS to £ X.Z. 1 — ■ . 21.15 Belgium—Belgas to £ N.Z. 1. ' — 2X957 Czechoslovakia — Crowns to £N.Z. 1. ■ — 97.32 Denmark—Kroner to £ X.Z. 1. 1S.2C3 . 17.903 Franc(!—Francs to £ N.Z. 1 — 61.56 Germany—Relchmarks to £N.Z. 1 — 10.048 I Holland—Florins to £ N.Z. 1 — S.S>riO Italy—Lire to £X.Z. 1. — 51.50 Jara—Florins ' to £X.Z. 1. — 5.910 Xorway—Kroner to £ N.Z. 1. 16.241 15.001 Sweden—Kronor to £ N.Zi 1 15.843 35.500 Switzerland—Francs to fiM. 1- ............ — . . 12.399, Noumea—Erancs to £ jf.Z. 1 •• *-• (10.21 Papeete^—Francs to £ N.Z..1. .,....-■...,:... — , - 00.3G' ! Hong Konu —N;J5. pence . ■ - • : to 1 dollar IT 49-64 18 53-6* India and Ceylon—N.Z. pence to 1 rupee .... 22 3-64 22% Japan—N.Z. pence to 1 yon — 173S-64 Shanghai—N.Z. penes to 1 dollar 17 3-32- IS 17-61 Slngapore^—N.Z. pence to 1 dollar S115-64 3515-S2 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. i 0 16 1 In London. 10] in Australia. 0 16 8Vi in t'.S.A. 0 16 8% in Canada. 0 9 II in France. 0 11 VA in Italy. 0 3 10 in Germany. 0 9 9 in Java. 1 8 0'/J in Japan. ' ,