FOREIGN EXCHANGES

Evening Post, Volume CXXIII, Issue 58, 10 March 1937, Page 14

FOREIGN EXCHANGES

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. Now Zealand on. ■ V £ s. d. £ s. d. London—£ N.Z. to £ stg. ' 100 123 10 0 124 8 9 Australia—£ A to £>'.Z.

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.

100 ;.. 101 0 0 100 10 0 Fiji—£ I? to E.V.Z. 100 . U0 T 0 , S'J 0 0 New York—Dollars lo £ . N.Z. 1 :i.0C 0-10 3.92 Montreal—Dollars lo £ N.Z. J 3.9CU 2.X Austria—Schillings to £ N.Z. 1 — ■ 20.10 Belgium—Belgus to £ N.Z. 1 — 23.136 Czechoslovak].'! — Crowns ' to £N.Z. I — 111.01 Denmark—Kroner 10 £ N.Z. 1 IS.203 17.H0.1 franco—Krancs tc £N.Z. 1. .-.■,• — . S5.70 Germany—Kuicnmarks to £X,Z. ] —. D.6SS Holland—Florins to £ S.7.. i t.ssi ;.i:s Italy—T.iro to i3X.Z. I. — 74.35 Java—Florins to £N.Z. 1 7.293 7.077 Norway—Kroner to £ N.Z. 1. ........... 16.1:41 13.S01 Swctlpn—Kronor lo £ I N.Z. ].- 13.S-13 10.500 Switzerland —Francs (o £ S.7,. 1. 17.1SG 17.110 Noumea —Francs to £ N.Z. 1 — S1.35 Papcoto—francs to £ X.Z. 1 — S-1.30 Ilong Koiir —N.Z. pence to 1 dollar IS 17-01 IS 25-32 India and Ceylon—N.Z. pence to 1 rupoa .. 22% 22 43-04 Japan-N.Z. pence to 1 yen ., — 17 lu-32 SliaiiBhal—N.Z. pence to 1 dollar : 17* IS 23-C4 Singapore—N.Z. pence to i dollar 31 ?i M3-16 Chefoo —N.Z.. pence to 1 dollar 1755-01 1S33-6-1

0 10 1 in 10 1 in 0 16 1 in 0 Ili 1 In 0 13 OVi in 0 16 0?' t in 0 fl r.% in 011 8>J in 1 8 l\i In London. Australia ir.s.A. Canada. Franco. Italy. Germany, Java.