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FOREIGN EXCHANGES

Closing direct rates as quoted by the Bsnk of New South Wales, Wellington, today, for buying arid selling foreign currencies based on New Zealand currency were as follows:— Buying. Selling. New Zealand on £ s. d. £ I. d. London—"£N.Z. to £ slg. 100 T.T. 124 0 0 124 10 0 O.D. 123 10 0 124 8 9 Australia—£A. to £N.Z. 100 .. T.T. and O.D. 101 0 0 100 10 0 Fiji—JSP.' to £N.Z. 100 T.T. and O.D. 90 T 6 89 0 0 New Tork—Dollars In £ N.Z. 1 T.T. 4.0442 4.0096 O.D. 4.0452 4.0136 Montreal—Dollars to £ N.Z. 1 T.T. 4.0375 4.0050 O.D. 4.0495 4.0090: Austria—Schillings to £ N.Z. 1 T.T. — 20.8G O.D. — 20.87 Belgium—Belgas to £ N.Z. 1 T.T. 23.S1S 23.506 O.D. 23.891 23.517.' Czechoslovakia — Crowns ■ to £N.Z. 1 T.T. — 113.17 ■ O.D. — 113.22 Denmark—Kroner to £ N.Z. 1 T.T. 18.203 17.893 O.D. 18.263 17.899 France—Francs to . £ N.Z. 1.- T.T. — 117.35 O.D. — 117.40 Germany—Relchmarks to " £N.Z. 1. , T.T. — 9.S72 O.D. — 9.877 Holland—Florins to £ N.Z. 1 T.T. 7.346 7.196 O.D. 7.386 7.200 Italy—Lire to £N.Z. I. T.T. — 76.16 O.D. — 76.21 Java—Florins to £N.S5. 1. "* T.T. 7.319 7.169 [ O.D. 7.359 7.173 Norway—Kroner to £ N.Z. 1 T.T. 16.183 15.893 O.D. 16.243 15.899 Sweden—Kronor to £ N.Z. 1> T.T. 15.786 15.491 O.D. 15.846 15.497 Switzerland — Francs to * •£NZ. 1. „ T.T. 17.540 17.270 O.D. 17.645 17.275 Noumea —Francs to £ N.Z. 1 T.T. — 116.11 O.D. — 116.15 Pafieete—Francs to £ N.Z. 1 T.T. — 116.16 O.D.' — 116.21 Hong Kong—N.Z. penes to 1 dollar .... T.T. 18 25-64 '18 49-64 O.D. 18 23-64 18 49-64 India and Ceylon—N.Z. pence to 1 rupee. T.T. 22*^ 22 21-32 Japan-N.Z. ..» I. 1 __ 1Ta^ O.D. — 17 33-64 Shanghai—N.Z. pence to »„„«. 1 dollar T.T. — 17 63-64 O.D. — 17 03-64 Singapore—N.Z. pence to . ■ 1 dollar T.T. 34 45-64 35 3-16 O.D. 34 39-64 35 3-16 Chefoo—N.Z. pence to 1 ■ •■ dollar T.T. — 1! 1"8, O.D. — 18 7-64 Manila—N.Z. pence to 1 peso .... T.T. 29 21-32 30 5-32 O.D. 29 9-16 30 5-32 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 Os Id in Australia, 16s 6d in U.S.A., 16s 6d in Canada, 18s lid in France, 16s 6d in Italy, 9s 8d in Germany, 11s lOJd in Java, £1 8s Id in Japan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19371119.2.179.21

Bibliographic details

Evening Post, Volume CXXIV, Issue 122, 19 November 1937, Page 12

Word Count
399

FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 122, 19 November 1937, Page 12

FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 122, 19 November 1937, Page 12