FOREIGN EXCHANGES

Evening Post, Volume CXXIV, Issue 26, 30 July 1937, Page 12

FOREIGN EXCHANGES

Closing direct rates as quoted by the Rank of New South Wales, Wellington, today for buying and selling foreign currencies based on New Zealand currency were as follows:—

Buying. Selling. New Zealand on S. s. d. £ j. d. Lonrtnn—£N.Z. to £ sts. 100 T.T. 324 0 0 121 10 0 O.D. 123 10 0 124 8 9 Australia —£A. to £.S'.Z. 100 ... T.T. and 0.0 101 0 0 100 10 tf Fiji —£F. to £N.Z 100 T.T. and O.D. 00 7 6 S3 0 0 Vc York—Dollars to £ X.Z. 1 T.T. 4.0263 3.0893 O.D. .1.0Sti3 3.9033 Montreal—Dollars to £ . S.Z. 1 T.T. 4.02S.7 3.R916 O.D. 4.0390 3.0956 Austria—Schillings to fi X.Z. 1 T.T. — • • ■ 20.83 O.D. — 20.89 Beleliirn—Belgas to £ X.Z. 1 T.T. — 23.613 O.D. — 23.G24 CzechosloraKla — Crowns to £X.Z. 1 T.T. — HS.Oti O.D. — 113.Tl Denmark—Kroner to £ N'.Z. 1 T.T. 1S.2U3 17.8H3 O.D. 18.203 I7.8U9 franre—Francs- (o £ N.Z. 1 T.T. — 103.90 O.D. — 103.94 Germany—Relchmarks to £X.Z. 1 T.T. — 9.SG2 .- O.D. — 9.807 Holland—Florins to £ X.Z. 1 T.T. — 7.204 O.D. — 7.208 Italy—Llro to £N.Z. 1. T.T. — 75.S4 O.D. — 75.S9 la ra—Florins to £N.Z. 1. ■T.T. — 7.182 O.D. — 7.1S8 Norway—Kroner to £ N.Z. 1. T.T. " IH.1S2 15.892 O.D. 16.242 13.898 Sweden — Kronor to £ N.Z. 1 T.T. I3.78S ' 15.491 O.D. 15.S16 13.J97 Swltzrrlnnd—Francs to £ .N.Z. 1. T.T. — 17.325 O.D. — 17.330 Noumea —Francs to £ X.Z. 1 T.T. — 105.15 O.D. — 105.19 t'apeele—Francs to £ X.Z. 1 T.T. — 105.10 O.D. — 103.14 lions Kone—N.Z. Pence to 1 dollar T.T. 17 01-61 18 25-64 O.D. 17 59-04 18 25-64 India and Ceylon—X.Z. pence to 1 rupee T.T. rrti, 22 21-32 O.D. 22 U-32 22 21-32 lapnn—N.Z. penco to 1 yen T.T. ' - 17 15-32 O.D. — 17 15-32 Shanehal—N.Z. pence lo 1 dollar T.T. 17 27-32 17 55-64 O.D. 17 25-01 1" 53-61 Singapore—N.Z. pence in 1 dollar T.T 34 2;t-32 33 1:4-64 O.D. 31% 35 13-64 rhpfno—N.Z. peuce tn 1 dollar T.T. 17 13-32 18 1-32 O.D. 17 23-01 IS 1-64 Manila—N.Z. pence tn I peso T.T. 29 27-32 30 11-32 O.D. 29% 30 U-32 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 oound. compared with its original par value, is equivalent to aoDi'nximateJv 16s Id in London. £1 0s Id in Australia, 16s 4|d in U.S.A., 16s 4Jd in Canada, 17s OJd in France, 16s 4Jd in Italy, 9s 8d in Germany, 11s lOrid in Java, £1 8s ljd in Japan.