FOREIGN EXCHANGE RATES
Closing direct rates as quoted by the Bankof New South Wales, Wellington, today, for buying and selling foreign currencies, based on New Zealand currency, were as follows:— Buying. Selling. £ s. d. £ s. d. London—£NZ to • fist. 100 T.T. 124 7 6 125' 0 0 O.IJ. 123 IS 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—£ J1 to £NZ 100. T.T. 90 0 0 88 12 6 O.D. 90 0 0 83 12 6 New York—Dollars to £ NZ 1 T.T. 3.7743 3.7310 O.D. 3.7793 3.7320 Montreal —Dollars to £ XZ 1 T.T. 3.7860 3.7400 O.D. 3.7947 3.7470 Belgium — Belgas to £ NZ 1 T.T. ■ 22.216 21.906 O.D. 22.291 21.911 Denmark — Kroner to £ NZ 1 T.T. 18.140 17.830 O.D. 18.200 17.832 Finland — Marks to £ NZ 1 T.T. 184.79 178.99: j O.D. 155.19 179.09 France — Francs to £ NZ 1 T.T. 142.99 140.4!) O.D. 144.24 140.51 Germany—Reichsmarks to £NZ 1 T.T. — 9.2C9 O.D. — 9.271 Greece —Drachmae to £ NZ 1 T.T. — 425.19 O.D. — 425.34 Holland — Florins to £ XZ 1 T.T. 7.008 6.91S O.D. 7.10S 6.920 Italy—Lire to £NZ 1. T.T. — 70.94 O.D. — 70.96 Java—Florins to £NZ 1. T.T. 7.045 6.595 O.D. 7.085 6.597 Norway—Kroner to £ NZ 1 T.T. 16.12S 15.838 " O.D. 16.18S 15.841 Noumea — Francs to £ NZ 1. T.T. 145.49 138.74 O.D. 146.99 138.78 Papeete — Francs to £ NZ 1 T.T 144.89 138.89 OD 146.39 138.93 Sweden — Kronor to £ £NZ 1 • T.T. 15.744 15.449 O.D. 15.504 15.452 Switzerland — Francs in £XZ 1 T.T. 16.846 16.570 O.D. 16.94G 1G.579 Hong Kong — N.Z. pence 1 dollar T.T. IS 13-32 IS 25-32 O.D. IS 3-S 18 25-32 India and Ceylon—N Z pence to 1 rupee T.T. 22 11-64 22 29-64 O.D. 22 9 r 64 22 29-64 Japan— B.Z. pence to 1 yen T.T. — 17 37-64 O.D. — 17 37>-64 Manila—-N.Z. pence to 1 peso T.T. 3135-64 . 32% O.D. 31 29-64 32 1A Shanghai—N.Z. pence to 1 dollar T.T. — 11 O.D. — 11 Singapore—N.Z. pence to 1 dollar T.T. 34 17-32 35 1-64 O.D. 34 7-16 35 1-64 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. 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 4d in U.S.A., 15s 5d in Canada, £1 2s 7£d in France, 15s 4-Jd in Italy, 9s Ofd in Germany, 11s 4fd in Java, £1 7s Hid in Japan.
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Bibliographic details
Evening Post, Volume CXXVII, Issue 117, 20 May 1939, Page 12
Word Count
437FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 117, 20 May 1939, Page 12
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