FOREIGN EXCHANGE RATES

Evening Post, Volume CXXIII, Issue 29, 4 February 1937, 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: — On demand. On demand. Buying. Selling. New, Zealand on , ii s. d. £ s. d. London—£N:Z. to .'- siz. 100 1-3 10 0 121. S 9 Australia—£ A to £ N.Z. 100 101 0 0 100 10 0 Fiji—£P to £N.Z. 100 .90 7 « SO 0 0 Now York—Dollars to £ N.Z. 1 3.97',; 3.03V4 Montreal—Hollars to 4i X.SS. 1 3.97 \i XM'.i Austria—SclillliUßS to £ i N.Z. 1 — 20.02 Bi<li!ium—Belßiis to £ N.Z. 1 — 23.217 CzechoslovaKia — Crowns to .£N.Z. 1 ••• — ] 11.93 | Denmark—Kroner to £ N.Z. 1 18.203 J7.5103 Franco—Francs to £.\.Z. 1 — 81.23 Germany—lleichniarks to £N.Z. 1 —■ 9.711 llolliind—Florins to £ N.Z. 1. — . 7.113 Italy—Lire to £N.Z. 1. . — 71.61 Java—florins to £N.Z. 1 — 7.001! Norway—Kroner to £ N.Z. 1 18.241 15.901 Swudcn—Kronor to £ N.Z. 1 13.515 13.500 Switzerland —Francs to £ N.Z. 1. — 37.122 Noumea—l'rancs to £ N.Z. 1 — 52.90 Papeete—Francs to £ N.Z. 1 — 83-05 Hong Kong—N.Z. pence to 1 dollar IS 9-32 IS 51-01 India and Ceylon—N.Z. lienco to 1 rupee .. 22-')s 22 43-G4 Jaunii—N.Z. pence to 1 . yen ' — 177-16 Shanghai—N.Z. pence to 1 dollar 17 33-01 lS?i > Singapore—N.Z. pence to 1 dollar .- 3441-04 33 13-04 Chefoo —N.K. pence to \ dollar 3T fiS-G 1 lS,3r!-lil The above rates are for on demand transactions. The £1 is £1 in New Zealand currency. The rates are subiect to alteration without notice. Based on the figures quoted by the Bank oE New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— £ s. d. . 0 lfi l' In T-ondon. 10 1 in Australia. . 0 lfi I'l in U.S.A. 0 K. 1% in Canada 0 IS 7 in France. 11 IB \V 3 in Italy. 0 3 (1% in Germany, fl 11 9 in .lava. 1 S' 2 in Japan.