FOREIGN EXCHANGES

Evening Post, Volume CXXIV, Issue 61, 9 September 1937, Page 12

FOREIGN EXCHANGES

Closing direct rates as quoted toy tne Bank of New South Wales, ■Wellington, today for buying and sellmg foreign currencies based on New Zealand currency were as follows:— Buying. Selling. New Zealand on . £ s. d. £ s. d. London—£N.Z. to £ alg. 100 T.T. 124 : 0 0 124 10 0 O.D. 123 10 0 121 8 9 Australia—£ A'to £N.Z.' 100 T.T; & O.D. 101 0 0 100 10 0 Fiji— £F. to £N.Z. 100 . . , .■ T.T. &• O.D. 90 7 6 89 0 0 New York—Dollars to £ . . KZ1 T.T. 4.0046 ■■ ■ 3.9677 O.D. 4.0146 3.9T17 Montreal—Dollars to £ ... K.Z. 1. ........ T.T. 4.004S 3.9700 O.D. 4.0173 3.9740 Austria—Schillings to £ ; NZ. l T.T. — 20.78 O.D. — 20:79 Belgium—Belgas to £ ' jiZ 1 T.T. 23.791,- 23.484 O.D. 23.869 . 23.495 Czechoslovakia — Crown3 to £N.Z. 1. ..T.T. — 113.01 ' . O.D. — 113.06 Denmark—Kroner to £ ' NZ 1. ......... T.T. ; 1S.203 17.893 • O.D. 18.263 17.899 | France —Franc9. . to £ ■ ; ■. X Z 1 T.T. 108.93 . 108.03 O.D. 108.03 : 106.07 Germany—Reichm'ks to • • - ■ £NZ. 1. ...... T.T. — , 9.842 O.D. — 9.847 Holland—Florine to £ N.Z. 1. ...... T.T. 7.322 7.172 O.D. 7.302 , 7.176 Italy—Lire to £N.Z. 1. O.D.' — ' 75.52 Java—Florins to £N.Z. 1 T.T. -7.299 ' 7:119 O.D. 7.339 T.I 53 Norway—Kroner to £ . NZ. 1 •.-.; T.T. 16.1S2 15.S92 O.D. 10.242 15.898 Sweden—Eronor to £ ■ ■ ■ N.Z. 1 T.T. 15.785 15.490 O.D. 15.815 15.496 Swlt7.eriaiid^i'rancs to • , N.Z. 1. ■... T.T. 17.,"OS 17.235 O.D. 17.610 17.210 Noumea —Francs to £ XZ 1. T.T. 109.28. 103.28 O.D. 110.48 ■ . 105.32 Papeete—Francs to £ XZ, 1 T.T. 109.28 . 105.23 O.D: 110.48 105.27 Hong Koiir —N.Z. pence to 1 dollar T.T. 18 29-M IS 53-G4 O.D. 18 27-64 18 53-64 India h Ceylon—N.Z. .pence to 1 rupee . T.T. 22% . 22 21-o2 O.D. 22 11-32 22 21-32 Japan—N.Z. pence to 1 ■' ' ' yen ..T.T. — ■ 17.33-64 : O.D. — : ,17 33-04 ShanRhal —N.Z.. pence to. ... 1 dollar T.T. — 18 7-64 ■ : - o.D.' — ' 13 7-04 Singapore—N.Z. pence to ; 1 dollar T.T. 34 23-S2 . 35 13-64 - O.D. 34% 35 13-64 Chefoo—N.Z. pence to. 1- ■ . . ' .dollar T.T.- — ■ ■ 18 35-64 O.D. — ' 1817-32 Manila—N.Z. pence to 1 peso ....;...... T.T. 29 49-64 3017-64 O.D 29 43-64 30 17-64 The £1 is £1 in; New Zealand currency. The rates are subject to alteration without notice.. .•■■■■' Based on the figure quoted by the Bank of Newi South Wales the New Zealand. pound, Compared with its original par value, is equivalent to approximately 16s Id in London, £1 0s Id in Australia, 16s 4d-in U.S.A., 16s 46 in Canada. 17s Oijd in France, 16s 4d in Italy, 9s 7Jd in Germany, 11s 10d in Java,; and £1 8s Id in Japan.. ..■•■■.■ 4