FOREIGN EXCHANGES
Closing direct rates as quoted by the I Bank of New South Wales, Wellington, today, for buying and selling foreign currencies- based on New Zealand currency were as follows:— Buyinc. Selling. . New Zealand on £ s. d. £ s. d. London—£N.Z. to £ stg. 100 : T.T. 124 0 0 124 10 0 O.D. 123 10 0 124 8 9 Australia—£A. to fiN.Z. 100 .. T.T. and O.D. 101 0 0 100 10 0 FIJI—£F. to £T*\Z. 100 T.T. and O.D. 90 7 0 89 0 0 New York—Dollars to S N.Z. 1 T.T. 4.024(5 3.0900 O.D. 4.03-10 3.9910 Montreal—Dollars to t; N.Z. 1. T.T. 4.02115 3.9932 O.D. 4.033U 3.9932 Austria—Schillings to £ N.Z. 1. i T.T. — 20.8S O.D. — 20.84 Belgium—Belgas to £ N.Z. 1 T.T. 23.772 23.4C2 O.D. 23.817 23.402 Czechoslovakia — Croivns to £N.Z. 1 T.T. ~ 113.31 O.D. — 113.3G Denmark—Kroner to £ N.Z. 1 T.T. 18.203 1T.893 O.D. 18.203 17.899 France—Francs to £ ■ N.Z. 1 T.T. — 117.23 O.D. — 117.27 Germany—Reicnmarks to £N".Z. 1. T.T. — 9.858 O.D. — 9.561 Holland—Florins to £ N.Z. 1 T.T. 7.H3S 7.188 O.D. 7.378 7.192 Italy—Liro to £N.Z. 1. T.T. — 75.84 O.D. — 75.89 Java—Florins to £X.55. 1. T.T. 7.311 ' 7.161 ' O.D. 7.351 7.165 Norway—Kroner to £ - N.Z. 1. ........ T.T. 15.153 35.593 O.D. 18.24:1 15.599 Sweden —Kronor to £ N.Z. 1. T.T. 15,785 15.490 O.D. 15.8-13 15.4913 Switzerland — Franca to £N.Z. 1. '. T.T. 17.4CS 17.199 O.D. 17.574 17.204 Noumea —Francs to £ . N.Z. 1. ... '..■ T.T.; — 115.98 O.D. —... 116.02 Papeete—Francs to £ N.Z. 1 T.T. — 116.03 O.D. — 116.07 Hong Kong—N.Z. pence to 1 dollar .... T.T. 18 29-61 18 53-64 O.D. 18 27-64 18 53-64 India and Ceylon—N.Z. pence to 1 rupee . T.T. 22% 22 21-32 O.D. 22 11-32 22 21-32 Japan—N.Z. pence to 1 yen T.T. — ■ 17 33-64 0.D.: ■ — 17 33-64 Shanghai—N.Z. pence to 1 dollar T.T. — 18% . O.D. — 18% Singapore—N.Z. pence to _ 1 dollar ........ T.T. 34 23-32 35 13-04 O.D. 34% 35 13-64 Chefoo—N.Z. pence to 1 dollar T.T. — 185-32 O.D. — 18 9-64 Manila —N.Z. penco to 1 peso T.T. 29 27-32 30 11-32 . O.D. 29 3-64 30 11-32 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 pound, compared with its original par value, is equivalent to approximately 16s Id in London, £1 0s Id in Australia, 16s 5d ,in U.S.A., 16s 5d in Canada, 18s lid in France, 16s 5d in Italy, 9s 8d in Germany, 11s lOd in Java, £1 8s Id in Japan.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 110, 5 November 1937, Page 12
Word Count
410FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 110, 5 November 1937, Page 12
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