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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:— New Zealand on Buying Selling. London-£X.Z.to£ .te. fl Q m „ „ 100 ••• o.D. 123 10 0 121 8 9 Au^ralia-EA. to£X.Z ; - ioi Q. fl „„„ fl Fljt-SF. to £X.Z. T lop go 7 - 6 gg „fl Ke£\- TZ Or!r DOUar' T.T? 4.0125 3.9780 fcJVi- J" o.D. 4.0225 3.9820 Montreal-Dollars to fi 1 •"■■ o.D. 4.0461 4.0056 Beleium-Belgas to^ ,„ ' O.D. 23.915 23.541 Czechoslovakia—Korunas to £X.Z. 1. :.. T.T. - 113.26 O.D. — 113.31 Denmark—Kroner to £ X Z i T.T. 18.203 17.893 O.D. 18.263 17.899 Finland —Marks to £ N.Z. 1 T.T. 184.95 179.15 O.D. 185.35 179.25 France —Francs to £X.Z. 1 T.T. — 130.44 O.D. — 130.48 Germany—Reichsmarks to £N.Z. 1. ...... T.T. — 9.860 •O.D. — . 9.865 Greece —Drachmae to £ N.Z. 1 T.T. — 429.54 O.D. — 429.84 Holland—Florins to £ N.Z. 1 T.T. 7.309 7.159 O.D. 7.349 7.163 Italy—Lire to £.\'.Z. 1. T.T. — 75.53 O.D. — 75.58 Java—Florins to £X.Z. 1. T.T. 7.283 7.133 O.D. 7.323 7.137 Norway—Kroner to £ N.Z. 1 T.T. 16.182 15.592 O.D. 16.242 15.898 Noumea —Francs to £ N.Z. 1 T.T. — 129.19 O.D. — 129.23 Papeete—Francs to £ X.Z. 1 T.T. — 129.24 O.D. — 129.28 Sweden—Kronor to £ N.Z. 1 T.T. 15.789. 15.494 O.D. 15.849 15.500 Switzerland — Francs to £N.Z. 1 T.T. 17.587 17.317 O.D. 17.692 17.322 Chefoo—X.Z. pence to 1 dollar T.T. — 14 21-32 ' O.I). — H 41-64 Hong Kong—N.Z. pence to 1 dollar T.T. 18 1-64 18 25-64 O.D. 17 63-64 IS 25-64 India and Ceylon—N.Z. pence to 1 dollar T.T. 22 3-8 22 21-32 O.D. 22 11-32 22 21-32 Japan—N.Z. pence to 1 yen T.T. — 17 31-64 O.D. — 17 31-64 .Manila—N.Z. pence to 1 ' Peso T.T. 29 21-32 30 5-32 O.D. 29 9-16 30 5-32 Shanghai—N.Z. peace to 1 dollar T.T. — 14 25-32 . ' O.D. — 14 25-32 Singapore—N.Z. pence to 1 dollar T.T. 34 17-32 35 1-64 O.D. 34 7-16 35 1-64 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 Is in France, 16s 4Jd in Italy, 9s 8d in Germany, 11s 9Jd in Java, £1 8s lid in Japan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380329.2.136.15

Bibliographic details

Evening Post, Volume CXXV, Issue 74, 29 March 1938, Page 12

Word Count
396

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 74, 29 March 1938, Page 12

FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 74, 29 March 1938, Page 12