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FOREIGN EXCHANGE RATES

Closing direct rates as quoted by the Bank of New South Wales, Wellington, on Saturday, for buying and selling foreign currencies, based on New Zealand currency, were as follows: —

The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice.

Based on the rates quoted above, the New Zealand pound, compared with its original par value, is equivalent to approximately 16s in London, £1 in Australia, 15s 3fd in U.S.A., 15s 4%d in Canada, £1 2s s|d in France, 15s 3£d in Italy, 8s llfd in Germany, 11s 2d in Java, £1 7s 9£d in Japan.

Buying. Selling. £ a. d. £ a. d. London —£NZ to £stg 100 T.T. 124 7 6 125 0 0 O.D. 123 18 9 124 19 6 Australia—£ A to £NZ 100 T.T. 100 10 0 100 0 0 O.D. 100 10 0 100 0 0 Fiji—£F to £NZ 100. ' T.T. \90 0 0 88 12 6 O.D. 90 0 0 88 12 6 New York —Dollars to £ NZ 1. T.T. 3.7793 3.7265 , O.D. 3.7843 3.7275 Montreal —Dollars to £ NZ 1 T.T. 3.8065 3.7464 O.D. 3.8152 3.7474 Belgium—Belgas to £ NZ 1. .... T.T. 22.458 21.918 O.D. 22.533 21.923 Czechoslovakia —Korunas to £NZ 1 T.T. — . 107.23 O.D. — 107.25 Denmark —Kroner to £ NZ 1 T.T. 18.227 17.695 O.D. 18.287 17.697 Finland—Marks to £NZ 1. T.T. 186.23 176.08 O.D. 186.63 176.18 France—Francs to £NZ 1 T.T. 144.61 139.61 O.D. — 139.63 Germany—Relchsmarks to £NZ 1 T.T. ■— 9.199 O.D. — 9.201 Greece—Drachmae to £ NZ 1 T.T. — 418.90 O.D. — 419.05 Holland—Florins to £NZ 1 T.T. 7.048 6.793 O.D. 7.0S8 6.795 Italy—Lire to £NZ 1. T.T. — 70.68 O.D. — • 70.70 Java —Florins to £NZ 1 T.T. 7.021 6.761 O.D. 7.061 6.763 Norway—Kroner to £NZ 1 T.T. 16.209 15.712 O.D. 16.269 15.715 Noumea —Francs to £NZ 1 T.T. 149.61 136.11 O.D. — 136.15 Papeete—Francs to £NZ 1. T.T. 148.41 136.41 O.D. — 136,45 Sweden—Kronor to £NZ 1 T.T. 15.840 15.338 O.D. 15.900 15.341 Switzerland—Francs to £ NZ 1 T.T. 16.845 16.380 O.D. 16.950 16.382 Hong Kong—N.Z. pence to 1 dollar T.T. 18 27-64 19 5-64 O.D. 18 25-64 19 5-64 India & Ceylon—N.Z. pence to 1 rupee . T.T. 22 9-64 22 41-64 O.D. 22 7-64 22 41-64 Japan—N.Z. pence to 1 yen T.T. — 17 45-64 O.D. — 17 45-64 Manila —N.Z. pence to 1 peso T.T. 3125-64 32 35-64 O.D 31 19-64 32 35-64 Shanghai—N.Z; ■ pence to 1 dollar T.T. — 1155-64 O.D. — 11 55-64 Singapore—N.Z. pence to 1 dollar T.T. 34 27-64 3517-64 O.D. 34 23-64 35 17-64

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390123.2.145.11

Bibliographic details

Evening Post, Volume CXXVII, Issue 18, 23 January 1939, Page 12

Word Count
414

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 18, 23 January 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 18, 23 January 1939, Page 12

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