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FOREIGN EXCHANGE RATES

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

Based on the rates quoted above, the JNi^w Zealand pound, compared with its original par value, is equivalent to approximately 16s in London, £1 in Australia. 15s 4d in U.S.A., 15s 5d in Canard £1 2s Thd in France. 15s 4id in Italy, 9s o|d in Germany, 11s s£d in Java. £1 7s ll|-d in Japan.

Buying. Selling. £ s. d. £ s. d. London —£NZ to £st. 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—£ff to £NZ 100. T.X. 90 0 0 88 12 6 O.D. 90 0 0 88 12 6 New York—Dollars to £ NZ 1 T.T. 3.7748 3.7315 O.D. 3.779S 3.7325 .Montreal —Dollars to £ NZ 1 T.T. 3.7859 3.7459 O.D. 3.7946 3.7460 Belcium — Belgas to £ NZ 1 T.T. 22.229 21.919 O.D. 22.304 21.924 Denmark — Kroner to £ NZ 1 T.T. 18.140 17.830 O.D. 18.200 17.S32 Finland — Marks to £ NZ 1 T.T. 184.78 178.98 O.D. 185.18 179.08 France — Francs to £ NZ I T.T. 142.99 140.49 O.D. 144.24 140.51 Germany—Relchsmarks to £NZ 1 T.T. — 9.267 O.D. — 0.269 Greece—Drachmae to £ NZ 1 T.T. — 425.19 O.D. - 425.34 Holland Florins to £ NZ 1 T.T. 7.102 6.952 O.D. 7.142 6.954 Italy—Lire to £NZ 1. T.T. — 70.94 O.D. — 70.96 Java —Florins to £NZ 1. T.T. 7.0S2 C.932 O.D. 7.122 6.934 Norway—Kroner to £ NZ 1 T.T. 16.126 15.836 O.D. 16.186 15.839 Noumea — Francs to £ N.Z. 1 T.T. 145.49 138.74 O.D. 146.99 138.78. Papeete — Francs to £ NZ 1 T.T. 144.89 138.89 O.D. 146.39 138.93 Sweden — Kronor to £ NZ 1 T.T. 15.746 15.451 O.D. 15.806 15.454 Switzerland — Francs to £NZ 1 T.T. 16.868 10.598 O.D. 16.968 10.601 Hong Kong — N.Z. pence 1 dollar T.T. 18 21-64 IS 45-64 O.D. IS 19-64 IS 45-64 India and Ceylon—N.Z. pence to 1 rupee T.T 22 7-32 TZV 2 O.D. 22 3-16 22y 3 Japan—N.Z. pence to 1 ven T.T — 17 37-64 O.D. — 17 37-64 Manila—N.Z. pence to 1 Deso «. T.T. 3135-64 32% O.D. 31 29-64 32% Shanghai—N.Z. pence to 1 dollar T.T. — 11 O.D. — 11 Singapore—N.Z. pence to 1 dollar T.T. 34 35-64 35 1-32 O.D. 34 29-64 35 1-32 Union of South Africa— £NZ to £SA 100 T.T. 123 4 6 124 17 0 O.D. 122 17 0 124 17 0 The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390513.2.113.9

Bibliographic details

Evening Post, Volume CXXVII, Issue 111, 13 May 1939, Page 12

Word Count
433

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 111, 13 May 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 111, 13 May 1939, Page 12