FOREIGN EXCHANGE RATES

Evening Post, Volume CXXII, Issue 149, 21 December 1936, Page 16

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 oh 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. a. 0 16 1 In London. 10 1 in Australia. MS 2 in r.S.A. ft lti 2 in Panada. 0 in 6% in France. 0 10 2 in Italy. 11 !l (>', iin fiermany. 0 31 !) in .lava. IS 1% .. in Japan.

On demand. On demand. Buying. Selling. ' New Zealand on £ s. d. £ s. d. London—£N.Z. to £ stg. 100 123 10 0 124 8 9 Australia— £A to EN'.Z. 100 101 0 0 100 10 0 Fiji—£F to £N.Z. 100 . 00 7 6 S9 0 0 New York — Dollars to £X.Z. 1. ....' 3.9SV4 3.94% Montreal—Dollars !o £ y.Z. 1. 3.98 3.03% Austria —Schillings to £ j •N.Z. 1 — 20-35 Belcriutn—Belgas to £ X.Z. 1 :. — 23-nl Czechoslovakia — Crowns '■ ■ to £X.Z. 1 — l"-2» DeN.T rT K?. D."."..* IS.^03 1T.903 France — Francs to £ . X.Z. 1 — 84-27 Germany—Eeiclimarks to £\.Z. 1 — 9-73S Holland—FIorin3 to £ ' "■ N.Z. 1 — 7.161 Italy—Lire to £\.Z. 1. — '4.<6 Java—Florins to £N.Z. . 1. — . '•121 Norway—Kroner to £ ■ ' S.Z. 1 15.241 13.901 Sweden —Kronor, to £ ' „ X. Z i, 15.S43 : 15.500 Swilzerland —Francs to £ - " ... N.Z.- 1. — . , A'-O'* Noumea —Franc3 to £ y.z:i: — 82-32 Papeete—Francs to £ N.Z. 1 ■ — 8307 Hone Knnc—X.Z. pence n to 1 dollar 38% ' 18 49-04 India and Ceylon—N.Z. pence to 1 rupee 22% 22 43-64 Japan-N.Z. pence to 1 yen — ll -3 bl Shanchal—X.Z: pence to . .--. .„„„., ,1. dollar :,.-.:... ■.!'% . >,,s 18 9-61-. Singapore—iS'iZ.' pence .-to. ' .i" „,..' 1 dollar 34% , 3o 3-16 ; Chefodr-X.Z, penco i0 ,:.,, -■ 1 ' s 'n'i»'