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FOREIGN EXCHANGES

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

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 sJd* in U.S A, 16s-sid in Canada, 18s lid in France, 16s 6d in Italy, 9s 3d in Germany, 11s lOd in Java, £1 8s Id in Japan.

. „ - , . Buying. Selling. New Zealand on £ a. d. £ s. & London—£N.Z. to £ stg. I0,° T.T. 124 0 0 124 10 0 A u S tra Ila _ £A . t0 £ «i 123 " «■«*«• FlJl-ip/t^t0^ 101 V° 1001° » T.T. and O.D. BO I 6 89 0 0 New Tork—Dollars to £ ' N-z- 1- ••• T.T. 4.040T 4 0061 Montreal-Dollars. to°'£ 4-°5Or 4'°X01 .N'Z. 1 T.T. 4.0415 4.0090 Austria-Schillings to™" "3M 4'013° N-z- 1 T.T. _ 20 . 93 „ O.D. — 20.94 Belgium—Belgas to S Nz- 1- T.T. 23.828 23.518 „ ■ O.D. 23.903 23.529 Czechoslovakia—Crowns to£N.Z. 1. .... T.T. — 113.37 O.D. — J13 42 Denmark—Kroner to £ N-Z. 1 T.T. 18.203 17.895 IV ' _ O.D. 18.263 17.899 France—Francs to. SN.Z. L ••••• T,.T 117.29 O.D. — 117 33 Germany—Eelchmarks to £XZ- 1 T.T. — 9.884 O.D. — 9 889 Holland—Florins to £ N.Z.-1 T.T. 7.322 7.172 O.D. 7.362 7.176 Italy—Lire to fiN.Z. 1. T.T. — 76.28 O.D. — 76 33 Jara—Florins to £N.Z. 1. •T,T. 7.299 1.149 „ _ O.D. 7.339 7.153 Norway—Kroner to £ N-Z- 1 T.T. 16.152 15.892 _ . O.D. 16.242 15.898 Sweden—Kronor to £ N-Z. 1 T.T. 15.788 15.493 _ , . „ O.D. 15.848 15.499 Switzerland — Francs to S.N.Z. 1 T.T. 17.540 17.270 O.D. 17.645 17.275 Noumea—Francs to £ N.Z. 1 T.T. — 116.04 O.D. — 11S.08 Papeete—Francs to £ K.Zi-1; .........T.T. — 116.09 • O.D. — 116.13 Hong Kong—N.Z. pence to 1 dollar T.T. 18 29-64 18 53-64 O.D. 18 27-64 18 53-64 India and Ceylon—N.Z. penes to 1 rupee T.T. 22% 22 21-32 O.D. 2211-32 22 21-32 Japan—N.Z. pence to 1 yen T.T. — 17 33-64* O.D, — 17 33-64 Shanghai—N.Z. pence to :il 1 dollar T.T. — 18 1-16 O.D. — 18 1-18 Singapore—N.Z. pence to 1 dollar T.T. 8423-32 35 13-64 . . O.D. 34% . 35 13-64 Chefoo—N.Z. pence to 1 dollar T.T. — 18% . : ■ . O.D. — : 18 7-64 .Manlli —N.Z. pence to.l peso T.T.' 29 21-32 30 5-32 O.D. 29 9-16 30 5-32

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19371217.2.141.16

Bibliographic details

Evening Post, Volume CXXIV, Issue 146, 17 December 1937, Page 12

Word Count
394

FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 146, 17 December 1937, Page 12

FOREIGN EXCHANGES Evening Post, Volume CXXIV, Issue 146, 17 December 1937, Page 12

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