FOREIGN EXCHANGE RATES

Evening Post, Volume CXXIII, Issue 50, 1 March 1937, 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:—

£ . s. tl. 0 IB 1 in London. 1 0 1 in Australia. 0 16 I>4 in U.S.A. 0 II! Hi In Canada. 0 13 R% In France. D 16 I i» Italy, fl !) S"i in Germany. 0 11 SU in Java. 1 S !>/» la . Janan.

un riemana. un acmaua. Buying. Selling. New Zealand on £ s. d. £ s. d. London—£ N.Z. to £ stg. 100 123 10 0 121 8 9 Australia—£A to £N.Z. 100 101. 0 0 100 10 0 Fiji—£F to £N.Z. 100 . U0 7 G SO 0 0 New .York—Dollars to £ N.Z. 1 3.96%. 3.92V4 Montreal—Dollars to £ N.Z. 1 3.00 <A 3.92 V4 Austria—Schillings to £ N.Z. 1 — 20.53 BelKium —Belgas to £ N.Z. 1 — 23.180 Chechoslovakia — Crowns to £N.Z. 1 — 111.69 .Denmark —Kroner to £ X.Z. 1. 18.263 17.903 France—Francs to £N.Z. 1. — 81.29 Germany—Uciclimarks to £N.Z. ]. ' — 9.091 . Holland—Florins to £ N.Z. J 7.334 7.12S Italy—Lire to £.N.Z. 1. — 71.43 Java —Florins to £.\".Z. 1. ...; 7.207 7.OS I Norway—Kroner to £ N.Z. 1 16.211 13.901 Sweden—Kroner- j to £ N.Z. 1 1D.S-15 13.S00 Switzerland—Francs to £ N.Z. 1 17.500 17.130 Noumea—Francs to £ N.Z. 1. ;. ... — S2.9-1 Papeete—Francs to £ N.Z/ 1. — S3.09 Hong- Konc —N.Z. • pence to I. dollar. 38 17-6-1 IS 25-32 India and Ceylon—N.Z. pence Io 1 rupee' .. 22% 22 43-64 Japan—J\'.Z. pence to 1 yen -. 17 13-32 Shanghai—N.Z. pence to ' 1 dollar 17 27-32 IS 23-04 Singapore—N.Z. pence to * 1 dollar 34 41-64 33 13-G4 Chcfoo—N.Z. pence to 1 dollar :... 17 13-10 18 13-32 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:—