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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 tne 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 sid in Canada, £1 0s IOJd in France, 16s 4Jd in Italy, 9s 8d in Germany, 11s 9Jd in Java, £1 8s OJd in Japan.

New Zealand on • Buying. Selllne. London—£N.Z. to £ stg. ■ ■100 •" T.T. 124 0 0 124 10 (< .' ' O.D. 123 10 0 124 8 9 Australia—£A. to £N.Z. ■ ioo t.t. ioi o o ioo io o Fiji— £F. to £N.Z. 100 T.T. SO 7 6 89 0 0 New York—Dollars to £J>".Z. 1 T.T. 4.0094 3.9749 ' ■ O.D. 4.0194 3.9789 Montreal—Dollars 'to £ ' K.Z. 1. T.T. 4.0290.' 3.9965 ■ ■■■ O.D. 4.0410 , 4.0005 Belgium—Belgas to £ . * K.Z. 1. .... T.T. 23.854 23.544 i O.D. 23.929 23.555 Czechoslovakia—Korunas .-,•.-■ to £N.Z: 1.'.... T.T. — 112.19 O.D. — ' 112.24 Denmark—Kroner to £ ' • X.Z.'1 T.T. 18.203, . 17.S93 ■ - ' ' O.D. 18.263 1T.899 Finland—Marks : to £ K.Z. 1 T.T. 184.95 ' '-179.15 O.D. 183.35 179.25 France—Francs to £N.Z. , 1 T.T. — 129.48 O.D. — . ■■ 129.52 Germany—Reichsmarks to ' £N.Z. 1 T.T. — 9.870 O.D. — ■ 9.875 Greece^—Drachmae to £ K.Z. 1 T.T. — 429.54 O.D. — 429.84 Holland—Florins to £ K.Z. 1 T.T.- 7.309 ■- T.159 . O.D. 7.349 7.163 Haly-Lire Ho EKA^ . me O.D. — T5.61' Java—Florins to £N.Z. 1. T.T. 7.283 T.133 O.D. ' 7.323 ' 7.137 Norway—Kroner to £ • KZ. 1 T.T. 16.182 15.892 O.D. 16.242 15.89S Noumea —Francs to £ K.Z. 1 T.T. — 128.23 O.D. — 128.27 Papeete—Francs to £ KZ. 1 T.T. — 128.28 O.D. ' — ■ 128-32 Sweden—Kronor to £ KZ L T.T. 15.793 15.498 O.D. 15.853 15.504 ■a«7.!!r&» ffll »«, Japan—N.Z. pence to 1 1T « fi i T. en ,, T.T. — 17 33-64 yeB OD. — 1733-64 nS-™..^.V t j & f its •rtS^..!r,| - ;| i: ..

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380326.2.105.8

Bibliographic details

Evening Post, Volume CXXV, Issue 72, 26 March 1938, Page 12

Word Count
326

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 72, 26 March 1938, Page 12

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 72, 26 March 1938, Page 12

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