FOREIGN EXCHANGES
Closing direct rates as quoted by the Bank of New South Wales, Wellington today for buying and selling foreigr currencies based on New Zealand currency, were as follows:— Buying. Selling. £ s. d. £ s. d. 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 £N.Z. 100 .... T.T. and O.D. 101 0 0 100 10 0 Fiji—CF. to £N.Z. 100. T.T. and O.D. 90 7 6 89 0 0 New York—Dols. to £ N.Z. 1 T.T. 4.0125 3.9780 O.D. 4.0225 3.9820 Montreal—Dols. to £N.Z. N.Z. 1 T.T. 4.0492 4.0168 O.D. 4.0012 4.0208 Belgium—Belgas to £ N.Z. 1 T.T. 23.669 23.359 O.D. 23.744 , 23.370 Czechoslovakia—Korunas to £N.Z. 1. .. T.T. — 113.66 O.D. — 113.71 Denmark—Kroner to £ N.Z. 1 T.T. 18.203 17.893 O.D. 18.263 17.899 Finland—Marks to £ N.Z. 1. T.T. 185.35 179.55 O.D. 185.75 179.65 France—Francs to £ N.Z. 1. • T.T. — 141.16 O.D. — 141.20 Germany—Belchsmarks to £N.Z. 1 T.T. — 9.815 . O.D. — 9.820 Greece—Drachmae to £ N.Z. 1 T.T. — 429.54 O.D. — 429.84 Holland—Florins to £ N.Z. 1 T.T. 7.296 7.146 O.D. 7.336 7.150 Italy—Lire to £N.Z. 1. T.T. — 75.56 O.D. — 75.61 lava—Florins to £N.Z. 1 T.T. 7.271 7.121 O.D. 7.311 7.125 Norway—Kroner to £ N.Z. 1 T.T. 16.182 15.892 O.D. 16.242 15.898 Noumea —Francs to £ N.Z. 1 T.T. — 139.91 O.D. — 139.95 Papeete—Francs to £ N.Z. 1 T.T. — 139.96 O.D. — 140.00 Sweden—Kronor to £ N.Z. 1 T.T. 15.785 15.490 O.D. 15.845 15.496 Switzerland—Francs to £N,Z. 1 T.T. 17.538 17.268 O.D. 17.643 17.273 Jhefoo—N.Z. penco to 1 dollar T.T. — 12%
O.D. — 12 15-64 Hong Kong—N.Z. pence to 1 dollar T.T. 18 3-8 18% O.D. 18 11-32 18 & India and Ceylon—N.Z. pence to 1 rupee. T.T. 21 31-32 22% O.D. 2115-16 22 & Japan—N.Z. pence to 1 yen T.T. — 17 33-64 O.D. — 17 33-64 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. pence to 1 dollar T.T. — 115-8 O.D. — 115-8 Singapore—N.Z. pence to 1 dollar T.T. 3413-32 34 57-64 O.D. 34 5-16 34 57-64 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 Os Id in Australia, 16s 4Jd in U.5.A.., 16s 6d in Canada, £1 2s B|d in France, 16s 4id in Italy, 9s 7id in Germany, lis 9Jd in Java, £1 8s OJd in Japan.
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Bibliographic details
Evening Post, Volume CXXV, Issue 148, 25 June 1938, Page 12
Word Count
407FOREIGN EXCHANGES Evening Post, Volume CXXV, Issue 148, 25 June 1938, Page 12
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