FOREIGN EXCHANGE RATES
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:— | ■ £ a. d. £ s. d. i London— £N.Z. to £ fits. ; 100 T.T. 124 0 0 124 10 0 O.D. 123 11 3 124 » 6 Australia—£A. to £N.Z. 100 ... ....^ T.T. 100 17 6 100 5 0 O.D. 100 17 6 100 5 0 Fiji—£F. to £N.Z. 100 T.T. 90 7 6 89 0 0 O.D. 90 7 6 89 0 0 New York—Dollars to £ N.Z. 1 T.T. 3.9464 3.9122 O.D. 3.9514 3.9162 Montreal —Dollars to £ N.Z. 1. T.T. 3.9603 3.9279 O.D. 3.9690 3.9319 Belgium—Belgas to £ NZ. 1 T.T. 23.475 23.165 O.D. 23.550 23.176 Czechoslovakia —Korunas . to £N.Z. 1 T.T. — 312.56 O.D. — 112.61 Denmark —Kroner to £ NZ. 1. .• T.T. 18.203 17.893 O.D. 18.263 17.893 Finland —Marks to £ N.Z. l. T.T. 185.34 - 179.54 O.D. 185.74 179.64 France —Francs to £ NZ. 1 T.T. 145.14 142.64 O.D. — 142.68 Germany—Relchsmarks to £N.Z. 1 T.T. — 9.705 O.D. — 9.710 Greece —Drachmae to £ N.Z. 1 T.T. — 429.54 O.D. — 429.S4 Holland —Florins to £ N.Z. 1 T.T. 7.271 7.121 O.D. -7.311 7.125 Italy-Lire no SN.Z^. _ O.D. — 74.30 far—nortn. to fiNA " O.D. 7.287 7.101 Norway—Kroner to £ NZ 1 T.T. 16.182 15.S92 O.D. 1G.242 15.89S Noumea —Francs to £ . .»„„ ■x*-1 oT 1!!- 64 lilil Papeete-Francs to £ *'*' O.D. — 141.0S Sweden T Kronor t 0 | *••*' O.D. 15.84G 15.497 Sw^erland-rranc^^ O.D. 17.3S6 17.016 "SVK^ Sjy- 1111:11 India and Ceylon—N.Z. pence to 1 rupee T.T. || }-«J --8-J Japan-XZ. pence to 1 ___ lr 33 _ 64 3en O.D: — 17 33-64 MSr^ Z: .P!^ 1 29 59-64 30 37-64 Pe ■ O.D. 29 53-64 30 37-64 Shanghai—N.Z. pence to idoii« ;•£.-- Wfcg SWolL er^:.!?? CT.T. 34 31-64 S4 31-32 1 a° O.D. 34 25-64 34 31-32 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 Oid in Australia, 16 S OJd in U.SA, 16s lfd in Canada, £1 2s Hid in France, 16s OJd in Italy, 9s 6d in Germany, 11s 8|d in Java, £1 8s 0|d in Japan.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19380820.2.115.6
Bibliographic details
Evening Post, Volume CXXVI, Issue 44, 20 August 1938, Page 12
Word Count
375
FOREIGN EXCHANGE RATES
Evening Post, Volume CXXVI, Issue 44, 20 August 1938, Page 12
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