FOREIGN EXCHANGES

Evening Post, Volume CXXV, Issue 37, 14 February 1938, Page 12

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 £lls £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, cornpar'ed with its original • par value, is equivalent to approximately 16s ; Id. in London, £1 Osld iri" Australia, . 16s 6d in U.S.A., 16s 6d in Canada, 19s 7d in France, 16s 6d in Italy,; 9s BJd in Germany, lls 9Jd in Java, £1 8s Id in Japan;1

., ' * Buying. Selling. New Zealand on £ s. d. £ s d' London— £N.Z. to S stfi. • 100 ... T.T. 124 0 0 124 10 0 » O.D. 123 10 0 124 I 9 Australia—£A. to £N.Z. 100 .... T.T. and CD. 10] 0 0 100 10 0 Fljl—fii1. to SN.Z. 100 T.T. and O.D. 90 1 6 i 80 0 0 New York—DolIarB to £ ' K-Z. 1 T.T. 4.0.-i8ff" 4.0239 O.I). 4.0686 4.0279 Montreal—Dollars to £ N-Z. 1 T.T. 4.0:>fi2 l 4.023? O.D. 4.0082.' • 4.0277 Austria—Schillings to £ . N,Z. 1. ......;. T.T. — 21.03 • ■ O.D. — 21.04 Belgium—:Be!gas to £ „ *'-Z. 1 'J'.T. 23.917 23.637 0.1). 24.022 23.648 Czechoslovakia—Korunas to£N.Z. h T.T. — "113.82 0*1). — 113.87 Denmark—Kroner lo £ ■ N.Z. 1 T.T. 18.203 17.803 O.D. 18.2G3 17.899 Finland—Marts lo .. £ N.Z. 1. ...'..... T.T. 1S4.97 - 179.17 O.D. 185.37 '• 179.27 France—Francs to £N.Z. 1. .: T.T. — 120.71 O.D. — ;. 120.75 Germany—Keiciunarks to £N.Z. 1 'T.T. — 9.000 O.D. —■■"■ 9.005 Greece—Drachmae ,w £ N.Z. L ........ T.T. 429.54 O.D. — 429.84 Holland—.Florins to- £ N.z. i. .■...;... t;t 7.30S 7:158 O.D. \ 7.348' 7.162 Italy—Llro to £N.Z. 1. T.T. — 76.44 O.D. — 76.49 ' Java;—Florins to EN.Zi'l. ■T.T; 7.283- 7.133 O.D. 7.323 7.137 N'orwaj—Kroner to £ - /' N.Z. 1- ...:.... T.T.; 16.182 15.892 -O.D. 16.242 ■ 15.898 Noumea—Ifrancs to £ N.Z. 1 T.T — 119.46 ■ O.D. ■ — 119.50 I'apeete—Francs to £ N.Z. 1 T.T. — - 119.51 O.D. — . ; 119.33 Sweden—Kronor to £ N.Z., I T.T. 15.789 15.494 , O.D. '15.849 15.500 Switzerland — Francs to £N.Z. 1 T.T. 17 540 17.270 O.D. 17.645 17.275 Chcfoo—N.Z. pence to 1 dollar T.T; — 18 1-8 O.D. x — --.- 18 7-64 riong Kong—N.Z. pence to I dollar .'T.T. 18 29-64 • 18 53-64 O.D. 18 27-C4 .18 53-61 India and Ceylon—N.Z. Dence to 1. rupee T.T. 22 3-8 22 Zl-32 O.D. 22 11-32 22 21-32 -Japan—N.Z. pence to J ven T?T. — 17% O.D. -• ■ ■ . 17% Manila —N.Z. pence to 1 peso T.T. 29 9-16 301-16 O.D. 29 15-32 30 1-16 Shanghai—N.35. pence to 1 dollar T.T, — 18 9-64 O.D. — 18 9-64 Singapore—N.Z. pence to 1 dollaT T.T. 34 11-16 35 11-64