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:— Buying. Selling. £ b. d. £ a. d. London—£N.Z. to £ stg. 100 T.T. 124 10 0 125 0 0 A.stralia-£A. to £%£ "* IB "4 » 6 100 T.T. 100 10 0 100 0 0 O.D. 100 10 0 100 0 0 Fiji— £F. to £N.Z. 100 T.T. 90 0 0 88 12 6 „ w ,' « . aD- 30 0 0 88 12 6 New York—Dollars to & N.Z. 1. t. ~ T.T. 3.8383 3.8030 O.D. 3.8433 3.8040 Montreal—Dollars to S N.Z. 1. „/......; T.T. 3.8737 3.8393 O.D. 3.8824 3.8403 Belsrium—Belgas to £ N.Z. 1 ...T.T. 22.737 22.427 ~ O.D. 22.812 22.432 Czechoslovakia — Korunas to £N.Z. 1. «... T.T; — 109.50 O.D. — , 109.52 Denmark—Kroner to £ N.Z. 1. T.T. 18.131 17.821 ■ . ■ ■ O.D. 18.191 17.823 Finland—Marks to £ N.Z. 1. T.T.. 184.71 178.91 O.D. 185.11 179.01 France—Francs to £ N:Z. 1. , T.T. 144.56 142.06 O.D. —- 142.08 Germany—Reichsmarks to . £N.Z. 1. v T.T. — 9.449 O.D. — 9.451 Greece—Drachmae to £ N.Z. 1. T.T. — 428.98 O.D. — 429.13 Holland—Florins to *£ N.Z. 1. ......... T^T. '7.112 6.962 O.D. 7.152 6.964 Italy—Lire to £N.Z. 1. T.T. ~ 72.20 O.D. — 72.22 Java—Florins to £ N.Z. .......V...... T.T. 7.090 6.940" O.D. 7.130 6.942 Norway—Kroner to , * £ N.Z. 1 T.T. 16.118 15.828 O.D. 16.178- . 15.831 Noumea —Francs to £ .. N.Z. 1. T.T. 147.06 140.31 O.D. — 140.35 Papeete—Francs to £ * N.Z. 1 T.T. 146.46 140.46 ' O.D. .— 140.50 Sweden —Kronor to £ N.Z. 1 T.T. 15,736 15.441 O.D. 15.796 15.444 Switzerland —Francs to £N.Z. 1. .«■;.. ■ T.T. 16.962 16.692 O.D. 17.067 16.694 Cbefoo—N.Z. pence to 1 dollar .......... T.T. — 1123-64 O.D. — 1123-64 Bong Kong—N.Z. pence to 1 dollar ....*.. T.T. IS 29-64 18 53-64 O.D. 18 27-64 18S3-64 India and Ceylon—N.Z. pence to 1 rupee T.T. 22 15-64 22 33-64 • O.D. 22 13-64 22 33-64 Japan—N.Z. pence to 1 yen i... T.T. — 1719-32 , O.D. — 17 19-S2 Manila—N.Z. pence to 1 • peso .... .. T.T. 31 1-16 31 23-32 O.D. 30 31-32 3123-32 Shanghai—N.Z. pence to .-.--. 1 dollar T.T. — H!H* O.D. — 10 47-64 Singapore—N.Z, pence to «,-«.«,,'. 1 dollar T.T. 3419-32 35 5-64 O.D. 34% 35 5-64 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 in London, £1 in Australia, 15s 7£d in U.S.A., 15s 9£d in Canada, £1 2s 10id in France, 15s 7-Jd in Italy, 9s 3d in Germany, lls s£d in Java, £1 7s Hid in Japan.
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https://paperspast.natlib.govt.nz/newspapers/EP19381022.2.124.16
Bibliographic details
Evening Post, Volume CXXVI, Issue 98, 22 October 1938, Page 12
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422FOREIGN EXCHANGE RATES Evening Post, Volume CXXVI, Issue 98, 22 October 1938, Page 12
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