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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 cur- : rency were as follows:—. New Sfealand on Buying. Selling. .: Iiondcfa—£N.Z. to £ stc 100 T.T. 124 0 0 124 10 0 : O.D. 123 10 0 124 S 9 ., Australia—£A. to £X.Z.- . ■ . 100 T.T. 101 0 0 100 10 0 - Fiji—£I\. to £K.Z. 100 - T.T. 90 1 6 89 0 0 New, York—Dollars to SX.Z. 1 T.T. 4.0115 3.9T69 ; O.D. 4.0215 3.9S09 ■, Montreal—Dollars to £ S.Z. 1 T.T. 4.0280 3.9955 . O.D. 4.0400 3.9995 ,'." Belgium—Belgas to £ . - 1 T.T. 23.900 23.590 I «- '■■ ■ . - - ■ O.D. 23.975 23.601 ' - Czechoslovakia—Korunas to £X.Z. 1 T.T. — 113.17 O.D. — 113.22 • Denmark —Kroner to £ K.Z. 1 T.T. 1S.203 17.893 O.D. 1S.263 17.S99 " Finland—Marks to £ JC.Z. 1. ...■ T.T. 184:95 179.15 O.D. 185.35 ' 179.25 France —Francs to £X.Z. , ' 1 T.T. — 128.83 O.D. — 128.87 • Germany—Reichsmarks to : £X.Z. 1. T.T. — 9.876 O.D. — 9.881 Greece —Drachmae to S N.Z. 1 T.T. — 429.54 '■ . O.D. — 429.84 ■ Holland —Florins to £ N.Z. 1 T.T. 7.311 7.161 ■■■■■■ o.D. ' 7.351 ' 7.165 Italy—Lire to £X.Z. 1. T.T. — 75.64 O.D. — 75.69 Java —Florins to £N.Z. 1. , , T.T. 7.287 , 7.137 ; ; O.D. 7.327 7.141 ■ Norway—Kroner to £ / N.Z. 1. .... T.T. 16.182 15.892 O.D. 16.242 15.89S Noumea —Francs to £ ■•■" N.Z. 1 T.T. — 127.58 . O.D. — 127.62 .. '.'.Papeete—Francs to £ • ■ N.Z. 1 T.T. — , 127.63 ,-'.': O.D. — 127.67 -Sweden—Kronor to' £ 1 ' N.Z. 1 .-.'T.T.- 15.797' 15.502 • O.D. 15.857 15.50S . "Switzerland — Francs' to • - ■ ■ • ■ -"■■ £N.Z. 1 T.T. 17.504 17.294 ,;;• ' . 'O.D. 17.669 17.299 '- Chefoo—N.Z.'pence to 1 ...-■• ■-. - dollar .........,' T.T. — '. 17 59-64 ;;,'; o.d. — 17 29-32 "'■•Hone Kong—N.Z. pence ■ '" to 1 dollar'..'.. T.T. 18 23-64 .18 47-64 -v. . i ' "■■:•. O.D. 18 21-64 18 47-64 'Jndia and Ceylon—N.Z. - • ■ '• pence to 1 rupee T.T. 22 3-8 22 21-32 ' O.D. 22 11-32 22 21-32 .'-'Jarian—N.-Z; pence ■ to 1 :. - yen T.T. — : .17.7-16 • J ■/■_ , ■ o.D. — ■ 17 7-16 ■Manila—N.Z. pence to 1 ■ peso .....; T.T. 2021-32 20 5 : 32 . .?' ' . : O.D. 29 9-16 30,5-32.. riBhanghai— N.Z. pence to ,„„-.■ ; 1 dollar ........ T.T. — l|g-64_ .. O.D. — 18 3-64 "Singapore—N.Z. pence to - 1 dollar T.T. 34 17-32 351-64 : O.D. .34 7-16 35 1-64. "; The £1 is £1 in New Zealand cur^ .xency. The rates are subject- to-altera-. ;:tion-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 4£d in U.S.A., •16s 5d in Canada, £1 0s 9d in France, ; i6s 4Jd in Italy, 9s 8d in Germany, '■Us lOd in Java, £1 8s.2Jd in Japan.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380324.2.125.2

Bibliographic details

Evening Post, Volume CXXV, Issue 70, 24 March 1938, Page 12

Word Count
417

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 70, 24 March 1938, Page 12

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 70, 24 March 1938, Page 12

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