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FOREIGN EXCHANGES

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 16s Id in London. £1 0s Id in Australia, 16s 4Jd in U.S.A., 16s 4id in Canada, 18s IOJd in France, 16s 4Jd in Italy, 9s 8d in Germany, lls lOd in Java, and £1 8s OJd in Japan.

Closing direct rates as quoted by tne Bank 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. (1. £ s. d. London—£N.Z. to £ stg. 100 T.T. 121 0 0 124 10 0 O.D. 123 10 0 121 8 9 Australia—£A to £X.Z. 100 T.T. & O.D. 101 0 0 100 10 0 FIJI—£F. to £N.Z. 100 T.T. & O.I). 00 1 6 89 0 0 New York—Dollars to £ N.Z. 1 T.T. 4.0150 3.9805 O.D. 4.0250 3.9845 Montreal—Dollars to £ N.Z. 1 T.T. 4.0139 3.9815 O.D. 4.0250 3.3855 Austria—Schillings to £ N.Z. 1 T.T. — 20.75 O.D. — 20.76 Belgium—Belgas to S N.Z. 1. T.T. 23.900 23.590 O.D. 23.973 23.601 Czechoslovakia — Crowns to £N.Z. 1. " .... T.T. — 113.06 O.D. t- 113.11 Denmark —Kroner to £ N.Z. 1 T.T. 38.203 17.893 O.D. 18.263 17.899 lTrance—Franca to £ N.Z. 1 T.T. — 117.13 O.D. — 117.17 Germany—Rolchm'ks to £N.Z. 1. .... T.T. — 9.86S O.D. — 9.873 Holland—Florins to s K.Z. 1.' T.T. 7.334 7.184 O.D. 7.374 7.1S8 Italy—Lire to £N.Z. ]. I T.T. — 75.64 O.D. — 75.69 •' Java—Florins to SX.Z. 1 T.T. 7.307 7.157 O.D. 7.347 7.101 Norway—Kroner to £ N.Z. 1 T.T. 16.181 15.891 O.D. 16.241 . 15.897 . Sweden—Kronor to £ N.Z. 1 T.T. 15.785 15.490 O.D. 15.845 15.496 Switzerland?—Francs to £X.Z. 1 T.T. 17.550 17.280 > O.D. 17.655 17.285 Noumea—Francs to £ K.Z. 1 T.T. — 116.38 O.D. — 116.42 Papeeto—Francs to £ N.Z. 1 T.T. — 110.33 O.D. — 116.37 Hong Kong—N.Z. p<ince to 1 dollar .... T.T. 38 13-32 18 25-32 O.D. IS 3-8 18 25-32 India & Ceylon—N.Z. pence to 1 rupoe . T.T. 22% 22 21-32 O.D. 22 11-32 22 21-32 Japan—N.Z. pence to 1 yen T.T. — 37 33-64 O.D. — 3 7 33-64 ! ShanEhal—N.Z. pence to 1 dollar T.T. — 18'i O.D. — 18% Singapore—N.Z. pence to 1 dollar T.T. 34 23-32 . 3513-64 • O.D. 34% 3513-64 Chefoo—N.Z. pence to 1 dollar T.T. — 18 25-64 O.D. v — 18 3-8 Manila—N.Z. pence to 1 '. Peso T.T. 29 13-1G 30 5-16 O.D. 29 23-32 30 5-16 The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19370918.2.131.12

Bibliographic details

Evening Post, Volume CXXIV, Issue 69, 18 September 1937, Page 12

Word Count
405

FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 69, 18 September 1937, Page 12

FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 69, 18 September 1937, Page 12

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