FOREIGN EXCHANGES

Evening Post, Volume CXXV, Issue 100, 30 April 1938, Page 12

FOREIGN EXCHANGES

\ ' — Closing direct rates as quoted by tne Bank of New South Wales, Wellington, today for buying and selling foreign currencies based on New Zealand curIrency 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 s£d in U.S.A., 16s 6£d in Canada, £1 0s 9id in France, 16s sld in Italy, 9s BJd in Germany, 11s 9Jd in Java, £1 8s o}d in Japan.

Xew Zealand on Buying. Selling. £ a. d. £ s. (1. London— £N.Z. to £ stR. ' ' 100 ... T.T. 124 0 0 124 10 © O.D. 123 10. 0 124 8 9 Australia—£A. to £N.Z. .. . .. ' . 100 .... T.T. and O.D. 101. 0 0 100 10 0 Fiji—£F. to £X.Z. 100' ■■.:"■ ■.■:.,!. T.T. and O.I). 90 7 6 89 0 0 New Torkr-Dollars to . . £\Z 1 ....... T.T. 4.0326 3.9980 ' ' ' O.O. 4.042(5 4.0020 Montreal—Dollars to £ ; NZ 1. T.T. 4.0523 4.0199 > • ' ., ■ , O.D. 4.0643 4.0239 Belgium—Belgas to ' £ ' . '. ■ NZ 1. ....;'. T.T. - 23;997 23.687 - : "..,.; • , . . O.D.. 24.072 23:608' .. Czecliosloyakia—Korunas ■ \ ,., ■■■.- ■to £N.Z. 1. .... T.T. - . 114.12,;. O.D. — 114.17 ■ Denmark—Kroner to £ N.Z. 1 T.T. 18.203 17.S93. O.I). 13.263 17.899 Finland—Marks to £ NZ i T.T. 184.97 ■. 179.17. Q.I). 185.37 179.27 France—Francs to £X.Z. 1 T.T. — 128.99 O.I). — 129.03 ' Germany—Kclchmarlis to. •■ . £X.Z.. 1. T.T. -r , 9.892' • • " ' •■■' • O.D.' — ' 9.897 ; Greece —Drachmae to £ - : NZ. 1. .'...■ T.T. — 429.54 O.D. — 429.84 Holland—Florins to £ v z. 1 T.T. 7.301 7.151 ' O.D. 7.3U 7.155 Italy—Wra to £N.Z. 1. T.T. — 75.97 O.D. — 76.02 Java—Florins to £N.K. 1. T.T. 7.279 7.129 ! O.D. 7.319 7.133 ' Norway—Kroner to £ NZ 1 T.T. 16.182 15.892 ' ' O.D. 16.242 15.898 Noumea— Francs to £ KZ 1 T.T. — 127.74 O.D. — 127.78 raneete —Francs to £ N.Z. 1 T.T. — 127.7!) I O.D. — 127.83 Sweden—Kronor to £ NZ 1 T.T. 15.792 15.497 O.D. 15.852 15.503t> Switzerland — Francs to £NZ. 1. ' T.T. 17.586 17.316 O.D. 17.691 ' 17.321 Chefoo—N.Z. pence to 1 dollar T.T. — 17 3-8 O.D. — 17 23-64 Hong 'Kong—N.Z. pence to 1 dollar T.T. 18 3-8 18% O.I).. IS 11-32 18% India and Ceylon— X.K. pence to 1 rupee . T.T. 22 11-64 22 29-64 O.D. 22 0-64 22 29-64 Janan —N.Z. penco to 1 yen T.T. — 17 33-64 O.D. — 17 33-64 Manila—N.Z. pence to 1 neso T.T. 29 35-64 30 3-64 O.D. 29 29-64 30 3-64 Shanghai—N.Z. penco to X dollar T.T. — 16 63-64 O.D. — 16 63-64 Singapore—N.Z. pence to • ■ 1 dollar T.T. 34 15-32 34 61-64 O.I). 34 3-8 34 61-64