FOREIGN EXCHANGE RATES

Evening Post, Volume CXXVI, Issue 78, 29 September 1938, Page 12

FOREIGN EXCHANGE RATES

Closing direct rates as quoted by the Bank of New South Wales, Wellington, on September 27, for buying and selling foreign currencies, based on New Zealand currency, were as follows:— Buying. Selling. £ s. d. &. s. tl. London—£ X.Z. to £ stg. 100 ■ T.T. 12-1 0 0 124 10 0 O.D. 123 11 3 121 . 9 C Australia—£ A. to £N.Z. 100 ..- T.T. 100 17 G 100 5 0 O.D. 100 IT 6 100 5 0 Fiji—£F. to £N.Z. 100 T.T. 00 7 6 ' Sfl 0 0 0.1). 00 7 ti $9 0 0 Xew York —Dollars to £ N.Z. 1 T.T. 3.8250 3.7702 O.D. 3.8337 3.7772 Montreal —Dollars to £ X.Z. 1 T.T. 3J)070 3.8545 O.D. .3.9157 3.8D55 Belgium—Belgas to £ f. X.Z. 1 T.T. ■ 22.610- 22.260 O.D. 22.685 22.265 Czechoslovakia—Korunas to £N.Z. 1. ... T.T. — 108.01 O.D. — 108.93 Denmark —Kroner to £ X.Z. 1 T.T. 18.228 17.5G8 O.D. 18.288 17.870 Finland — Harks to £ X.Z. 1. T.T. 185.69 179.29 O.D. 186.09 179.39 France — Francs to £ X.Z. 1 T.T. '145.56 . 112.06 O.D. — 142.08 Germany—Reiehmarks to £N.Z. 1 T.T.-—' -8.138 O.D. — 5.440 Greece—Drachmae to £ • ■ X.Z. ■ 1 T.T. — 420.55 O.D. •-— • 429.70 Holland—Florins to £', X.Z. I.* T.T. 7.136 6.996 O.D. 7.176 6.998 Italy—Lire to £X.Z. 1. - T.T. — 71.23 O.D. — ,-71.25 Java—Florins to £N.Z. 1 T.T. 7.092 6.922 O.D. 7.132 6.924" Norway—Kroner to £ X.Z. 1 T.T. 16.191 15. SSI O.D. 16.251 . 15.884 Noumea —Francs to £ X.Z. 1 . T.T. 149.96 139.01 ' O.D. —'■■■■'. 139.05 Papeete — Francs to £ X.Z. 1 T.T. 148.96 139.26 O.D. — 139.30 Sweden — KrOuor -to £ • X.Z. 1. ....'.. T.T. 15.506 15.461 O.D. 15,866 15.464 Switzerland — Francs to £X.Z. 1. . T.T. 17.041 16.701 O.D.- 17.146 16.703 . Chcfoo —N.Z. pence to 1 -dollar T.T. — 12vi O.D. — 12% Hong Kong — N.Z. pence to 1 dollar .... T.T. 18 21-64 18 61-64 O.D. 18 19-64 18 61-04 India and Ceylon—N.Z. pence to 1 rupee T.T. 211-16 ■ 22% O.D. 211-32 22% Japan—N.Z. pence to 1 yen T.T. — . 17 37-64 O.D. — 17 37-64 Manila —N.Z. pence to 1 peso T.T. 30 45-64, 3145-64 O.D. 30 39-641 31 45-64 ; Shanghai—N.Z. pence to ,' 1 dollar T.T. — / 117-S O.D. — 11 7-8 Singapore—N.Z. pence to 1 dollar T.T. 34 9-32 35 164 O.D: 34 3-16 35 1-64 The £1 is £1 in New Zealand currency. Th's rates are subject to alteration without notice.1' ■ "' ; 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 \ohd in Australia, 15s 6d in U.S.A., 15s 10id in Canada, £1 2s 10^d in France, 15s 5d in Italy, 8s 3H in Germany, lis, 5H in Java, £1 7s ll|d in Japan.