FOREIGN EXCHANGE RATES

Evening Post, Volume CXXVI, Issue 81, 3 October 1938, Page 12

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: —

The £1 is £1 in New Zealand currency. Tha 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 o|d in Australia, 15s 9d in U.S.A., 15s • lOd in Canada, £1 2s lid in France, 15s 10-Jd in Italy, 8s 33d in Germany, lls 72d in Java, £1 7s ll£d in Japan.

; . Buying. £ s. d. Selling. £ 3. d. London—£N.Z. to £ stg. 100 T:T. 124 0 0 O.D. 123 11 3 Australia —£A. to £N.Z. 100 -T.T. 100 17 6 I O.D. 100 17 C ! Tiji—£F. to £X.Z. 100 j T.T. 90 7 6 O.D. 30 7 6 ; .Vow York—Dollars to £ ! X.Z. 1. T.T. 3.9006 O.D. 3.9056 Montreal—Dollars to £ X.Z. 1 T.T. 3.0230 I O.I).. 3.9317 Belgium—Belgas to £ N.Z. 1 ■... T.T. 23.141 O.D. 23.216 Czechoslovakia—Korunas to £N.Z. 1 T.T. — O.0. — Denmark—Kroner to £ N.Z. 1. T.T. 18.228 O.D. 18.288 Finland — Marts to £ N.Z. 1 -.. T.T. 185.72 O.D. 186.12. France — Francs to £ N.Z. 1 T.T. 145.78 O.D. — Germany—Reichmarks to £N.Z. 1. T.T. — O.D. — Greece—Drachmae to £ N.Z. 1 T.T. — O.D. — Holland—Florins to £ N.Z. 1 T.T. 7.199 O.D. 7.239 Italy—Lire to £N.Z. 1. T.T. — O.D. — Java—Florins . to £N.Z. 1. ..; T.T. 7.22', O.D. 7.205 Norway—Kroner to £ I X.z: ,1 T.T. 16.192 O.D. 16.252 ■ Noumea—Francs to £ N.Z. 1 T.T. 149.88 O.D. — Papeete — Francs to £ N.Z. 1 T.T. 149.18 O.D. — Sweden —r Kronor to-£ N.Z. 1 T.T. 15.820 O.D. 15.880 Switzerland — Francs to £N.Z. 1. .:.... T.T. 17.645 O.D. 17.750 Chefoo—N.Z. pence to 1 dollar T.T. — O.D. — Hong Kong — N.Z. pence to 1 dollar T.T. 18 21-64 O.D. 18 19-64 India and Ceylon—N.Z. peneo to 1 rupee . T.T. 22 3-64 O.D. 22 1-64 Japan—N.Z. pence to 1 yen T.T. ~ O.D. — Manila —N.Z. pence to 1 peso T.T. 30' 5-32 O.D. 30 1-16 Shanghai—N.Z. pence to dollar T.T. — O.D. — Singapore—N.Z. pence to 1 dollar T.T. 34 9-32 O.D. 34 3-16 J 124 10 0 124 9 C 100 5 0 100 5 0 S9 0 0 89 0 0 3.8615 3.8625 3.8S05 3.8S15 ® 22.791 22.796 111.22 111.24 . 17.868 17.870 179.32 I 179.42 I 142.28 142.30 S.494 8.496 429.55 429.70 7.059 7.061 73.34 73.3G 7.055 ' 7.037 15.882 15.SS", 139.23 139.27 139.48 139.52 15.475 15.478 17.305 17.307 12 1-8 12 1-8 18 61-64 IS 61-44 22 31-64 22 31-64 17 37-64 17 37-64 31 5-32 315-32 1VA . 11*4 35 1-64 35 1-04