FOREIGN EXCHANGES

Evening Post, Volume CXXV, Issue 17, 21 January 1938, Page 12

FOREIGN EXCHANGES

Closing direct rates as quoxefl by the 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 £ i. & G i. d. London—£N.Z to C sle. 100 T.T 124 0 0 124 10 9 O.D. 123 10 0 124 8 9 Australia—£ A., co CN.Z. 100 .... T.T. and O.D. 103 0 0 100.10 » TO-£P. to £N.& 100 T-.T. and O.D. 90 7 6 89 0 0 Ken York—Dollar* to £ N.Z. 1.; T.T. 4.0417 4.0071 O.D. 1.0517 4.0111 Montreal—Dollar! to £ N.Z. 1. ........ T.T. 4.0406 4.0081 O.D. 4.0526 4.0121 Austria—Scnllllnes to £ N.Z. 1 T.T. — 20.95 O.D. — 20.96 Belgium—BelEU to £ N.Z. 1 T.T. 23.93!) 23.629 O.D. 24.014 23.640 Czecno-slOTaMa—Crowns £N.Z. 1. ...... T.T. — U3.51 I O.D. — 113.56 Uen mam—Kroner to £ N.Z. 1 T.T. 15.203 17.895 O.D. 18.263 17.899 Finland—Mark* to £ N.Z. 1 T.T. 184.97 179.1J O.D. 185.37 179.27 France-^Franc* to CN.K. 1- T.T. — 11(1.88 O.D. — 119,92 Germany—Relchmarks to .■£N.Z. 1....... T.T. ■_ 9.896 „ • ■ ■ O.D. — 9.901 Greece—Drachmae to fl N.Z 1. ........ T.T. - 429.54 O.D — 429.84 Holland—Florins to £ N.Z. I T.T. 7.300 7.159 O.D. 7.349 7.163 Italy—Lire to £N.Z. 1. T.T. — 76. IS O.D. — 76.18 Java—Fiorina to £N.Z. 1 T.T. 7.28.'! 7.133 ' O.D. 7.323 ■ 7.137 Norway—Kroner to £ 'N-Z. I T.T 16.182 15.892 O.D 16.242 15.898 .Noumea—franc* to £ . X.Z. 1 T.T. — 1i5.63 O.D. — 118.67 I'ar/cetß— Tranu ■to £ N.Z. 1 T.T. — 118.68 O.I). — • 118.72 Swedenr-Kronor to £ N.Z. 1. T.T. 15.78!) 15.493 O.D. 15.848 15.499 Switzerlano — ITrancs to £N.Z. 1. T.T. 17.5R8 17 28(5 . . - O.D. 17.661 17.291 Ctiefoo—N.Z. pence to 1 fiollar T.T - lay, 0.1) - 18 7-64 Hong Konc—N.Z. pence to 1 dollar T.T IS 20-M 1X53-61 O.D 18 27-64 18 53-64 India ano Ceylon—N.Z oence to 1 rupee .. T.T 2:2 ft 22Z1-S2 O.D 22 11-32 22 21-32 Japan—N.Z. pence to 1 yen T.T. - 1714 O.D. - 17V» Manila—N.Z. oenet to 1 peso T.T. 29 39-64 SO 7-64 O.D. 20 33-S4 30 7-04 Shanglial—N.Z. oencc to 1 dollar T.T. — . is 9-64 O.D. — 18 964 Singapore—N.Z. oence to 1 dollar T.T !S4 23-38 35 13-64 O.D . 34EJ, 55 13-64 The £1 is £1 in New Zealand currency The rates are subject to alteration without notice Based on the figures quoted oy me Bank o* New South Wales the New Zealand pound, compared with its original par value is equivalent to approximately 16s Id tn London £1 0s Id in Australia 16s 5Jd. in U.S.A., 16s 5Jd in Canada, 19s in Prance, 16s 5Jd in Italy, 9s BJd in Germany. Us lOd in Java, £1 8s Id in Japan.