FOREIGN EXCHANGE RATES

Evening Post, Volume CXXIII, Issue 47, 25 February 1937, Page 12

FOREIGN EXCHANGE RATES

Closing s:ght rates as quoted by the Bank of New South Wales, Wellington, today for buying and selling foreign :urrencies, based on New Zealand currency, are as follows:— ' On demand. On niTcino Buying. Selling. New Zealand on £ s. d. £ s. d. London—£X.Z. to £ stg. 100 123 10 0 124 8 a Australia — £A to £X.Z. 100 , 101 0 0 100 10 0 t Fiji— S F to £N.Z. 100 . SO 7 6 S9 (I 0 I New York—Dollars to £ I X.Z. 1 3.36% 3.82% Montreal—Dollars to £ X.Z. 1 3.06% 3.92V. Austria—Schillings to £ K.Z. 1. _ 20.60 Beilgium—Belgas to £ X.Z. 1. — 23.193 Czechoslovakia — Crowns to X. Z. 1 — 111.77 Denmark—Kroner to £ N'.Z. 1 IS.263 17.003 France—Francs to £X.Z. 1 — 84.27 Germany—Kelchmarks to ■ £X.Z. 1. — 9.702 Holland—Florins to £ X.Z. 1 7.310 7.131 Italy—Lire to £N.Z. 1. . — 74.40 Java—Florins to £N.Z. 1 7.309 7.003 Norway—Kroner to £ N.Z. e l 16.241 15.901 Sweden—Kron or to £ N.Z. I. ...' 15.845 15.500 Switzerland—Francs to £ X.Z. 1 17.50S 17.138 Noumea — francs to £ X.Z. 1 , — S2.92 Paneete —Francs lo £ X.Z. 1 — S3.07 Hong • Knna —N.Z. pence to 1 dollar IS 17-64 IS 25-32 India and Ceylon—N.Z. pence to 1 rupee .. 22% 22 43-64 Japan r-N.Z. pence to 1 , yen — 17 15-32 Shanghai—X.Z. pence to ;i dollar 17 51-64 18 5-16 Singapore—N.Z. pence to 1 dollar 84 41-64 35 13-61 Chefoo—N.Z. pence to 1 dollar ,. 17 25-32 18 7-16 The above rates are for on demand transactions. The £1 is £1 in New Zealand currency The rates are sub.iect 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. . ."""""■ 0 16 1 In London. 10 1 In Australia. 0 16 Hi In U.S.A. . 0 16 Hi in Canada. 0 13 6% in Franco. 0 16 1V4 in Italy. 0 0 6 In Germany. . ' 0 11 S',4 in Java. . 18 Hi in Japan.