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:— Buying. Selling. & a. a. & s. d. London—£ N.Z. to S stg. 100 T.T. 124 0 0 124 10 0 O.D. 123 10 0 121 S 9 Australia— £A. to £N.Z. 100. .. T.T. and O.D. 101 0 0 100 10 0 Fiji—SB1, to £N.Z. 100. T.T and O.D. 90 7 6 89 0 0 New York—Dollars to £ I N.Z. 1 T.T. 3.9963 3.9G19 O.D. 4.0063 3.9659 Montreal—Dollars to £ N.Z. 1 T.T. 4.0235 3.0910 O.D. 4.0355 3.9950 Belclum —Belgas to £ N.Z. 1 T.T. 23.663 23.353 O.D. 23.738 23.364 Czechoslovakia —Korunas to £N.Z. 1. ..... T.T. — 113.46 O.D. — 113.51 Denmark—Kroner to S ! N.Z. 1 T.T. 18.203 17.893 i / O.D. 18.263 17.899 Finland—Marks to £ N.Z. 1 T.T. 185.44 179.64 O.D. 135.81 179.74 France —Francs to £ N.Z. 1 T.T. 144.83 142.33 O.D. 145.83 142.37 Germany—Blchsmarks to £N.Z. 1 T.T. — 9.795 I O.D. — 9.800 Greece—Drachmae to £ N.Z. 1 T.T. — 429.54 i O.D. — 429.84 Holland —Florins to £ N.Z. 1 T.T. 7.2D8 7.148 O.D. 7.338 7.152 Italy—Lira to £N.Z. 1. T.T. — 75.27 O.D. — 75.32 Java—Florins to £NZ 1 T.T. 7.275 7.125 O.D. 7.313 7.120 Norway—Kroner to £ N.Z. 1 T.T. I<US2 1".502 O.I). 1G.242 15.538 Noumea —Francg to £ N.Z. 1 T.T. 147.33 140.58 O.D. 147.83 140.02 Papeete—Franca to- £ N.Z. 1 T.T. 146.73 140.73 | O.D. 147.73 110.77 1 Sweden —Kronor to £ ( N.Z. 1 T.T. 15.785 15.400 O.D. 15.845 15.496 Switzerland—Francs to £N.Z. 1 T.T. 17.540 17.270 O.D. 17.045 17.275 Cheefoo—N.Z. pence to 1 dollar T.T. — 12 V* O.D. — 12 15-64 Hong Konjr—N.Z. pence to 1 dollar ... T.T. 18 13-32 18 25-32 O.D. 18 3-8 18 25-32 India and Ceylon—N.Z. pence to 1 rupee . T.T. 22 7-04 22 25-64 O.D. 22 i:5-64 22 25-64 Japan—N.Z. pence to 1 yen T.T. — 17 33-04 O.D. ~ 17 33-64 Manila—N.Z. pence to 1 peso T.T. 2911-16 30 3-10 O.D. 29 19-32 30 3-10 Shanghai—N.Z. pence to 1 dollar T.T. — 1125-32 O.D. — 1125-32 Singapore—N.Z. pence to 1 dollar T.T. 34% 34 63-64 O.D. 34 13-32 34 63-64 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 3sd in U.S.A., 16s 5d in Canada, £1 2s lid in France, 16s 3&d in Italy, 9s 7d in Germany, 11s Did in Java, £1 8s o£d in. Japan.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19380709.2.138.8
Bibliographic details
Evening Post, Volume CXXVI, Issue 8, 9 July 1938, Page 12
Word Count
431
FOREIGN EXCHANGES
Evening Post, Volume CXXVI, Issue 8, 9 July 1938, Page 12
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