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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:— i

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 4Jd in U.S.A., 16s s£d in Canada, £1 0s Bid in France 16s 4Jd in Italy, 9s 8d in Germany, 11s 9id in Java, £1 8s o^d in Japan.

New Zealand on Buying. selling. London—£N.Z. to £ stg. 100 .T.T. 124 0 0 124 10 0 '• » ' O.D. 123 10 0 124 8 9 Australia— £A. to S.V.Z. 100 ■■....' T:T. 101 0 0 100 10 0 Fiji—£F. to £N.Z. 100 ' _ T.T. 90 7 6 89 0 0 New' York—Dollars to "£N.Z. 1 T.T. -4.0110; 3.9764 O.D. 4.0210 3.8804 Montreal —Dollars io £ . K.Z. 1. T.T. 4.0287 .3.9963 . . , ,= O.D.. .4:0407- ,4.0003 Belgium—Belgas to £ . K.Z. -1.--, *..-... T.T. 23.888 . S3.578 O.D. 23.963 ' 23.589 Czechoslovakia —Korunas to £N.Z. 1. .... T.T. — ,. 113.17 ■ . " O.D. — 113.22 Denmark—Kroner to £ jj.Z i.. ... T.T. 18.203 17.S93 ' O.D. 18.263 17.899 Finland—Marks 1 to £ - K.Z. 1. ...•..:... T.T.. 184.95 379.15 • O.D. 185.35 . 179.25 Franra—Francs to £X.Z. 1.- ...... ,. T.T. — 128.53 ' . ■ ' O.D, — 128.57 Germany—Heichsmarks to •SN.Z. .1. . ...<-, T.T. — 9.870 O.D. — 9.87o Greece —Drachmae to £ ' K. Z . 1.,......:.. XT.- 429.04 ■'■■■ O.D. 7.350 7.164 Italy-lire..-;to.-fiK^L _ ... - ' . ■'.. o.'d! — 75.61 Jara-Florlns to &VX.1. m O.D. 7.323 7.137 Norway-Kroner to £ i§2 1 O.D. 16.242 15.89S Noumea—Francs to £ ,„.„<> N.Z. 1. . T.T. — 12..28 O.D. — 12i-32 PTz teT FranCS .!°T.f. - 127.33, 1 ' " ' :" O.D. — 127.37 S weden T Kronor_tO T £ _, O.D. ' 15.S52 ■ 15.503 SwUzedand- Francs^ lr . 29 r :' r- O.D. 17.672! 17.302 Chefoo—N.Z. pence to 1 175aB i -*>»« l-l: ~ 1729-:32 ■HO t no 8 lKZ^' Z'.. PT.T B 18 21-64 18 45.64 O.D. 18 19-64 18 45-64 India and Ceylon—X.Z. ■ . pence to 1 rupee T.T. 22 3-8^ Japan-N.Z. Pence to 1 _ ., y , J3 _ M y Od". — ' 1733-64 '^-^..^..\l 2921-32 30 5-32. O.D. 29 9-16 30 5-32 Shanghai—N.Z. pence Io ia ofti*'i 1 dollar T.T. —.,.. JfHfd ..;. 0 D. — !• I* 3-64.i|

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380325.2.172.8

Bibliographic details

Evening Post, Volume CXXV, Issue 71, 25 March 1938, Page 14

Word Count
363

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 71, 25 March 1938, Page 14

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 71, 25 March 1938, Page 14

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