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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. ■ • ■. & s. d. & s. d. Loncton--£KZ to £stg. 100 ;... T.T. 124 7 6 125 0 0 .:..■■..:■■ O.D. 123 18 ,9 124 19 6 Australia—£ A to fitfZ ,100 T.T. 100 10 0. 100 0 0 O.D. 100 10 0 100 0 0 Fiji—£P to £NZ 100. T.T. 90 0 0 88 12 6 O.t>. 90 0 0 88 12 6 South. Africa, Union of, . £NZto £SA 100' T.T. 123 4 6 124 1? 0 O.D. 122 17 0 124 17 0 New York—Dols. to • £NZ 1 T.T. 3.7783 3.7350 O.D. 3.7833 3.7360 Montreal —Dols. to £NZ 1. ...'....; ; T.T. 3.7800 3.7400 O.D. 3.7857 3.7410 Belgium—Belgas to £NZ 1 T.T. ' 22.233 21.923 O.D. 22.308 21.928 Denmark —Kroner to £ N.Z. 1. .;....... T.T. 18.140 17.830 O.D. 18.200 17.832 Finland—Marks to £ NZ 1. T.T. 184.85 179.05 O.D. 185.25 " 179.15 France —Francs to .£ NZ 1. T.T. 143.01 140.51 O.D. 144.26 140.53 Germany—Reichsmarks to £NZ 1 T.T. — 9.283 O.D. — 9.285 Greece —Drachmae to £ NZ 1. ..... T.T. — 429.20 O.D. — 429.35 Holland —Florins to £ NZ 1 T.T.a 7.157 7.007 O.D. 7.197 . 7.009 Italy—Lire to £NZ 1. T.T. — 71.01 O.D. — 71.03 Java—Florins to £NZ 1. ;.:; T.T. 7.130 6.980 O.D. 7.170 6.982 Norway—Kroner to £ NZ 1. ......... T.T. 16.126 15.836 O.D. 16.186 15.839 Noumea—Francs to £ NZ 1. T.T. 145.51 138.76 0.D.,147.01 138.80 Papeete—Francs to £"\ ■ NZ, 1 T.T. 144.91 138.91 O.D. 146.41- 138.95 i Sweden—Kronor to £ v, NZ 1. N.i T.T. 15.753 .13.458 S. ' O:D. 15.813 r ;15#1 Switzerland —Francs to ' £NZ 1 T.T. 16.792 16.522 O.D. 16.892 16.525 Hong Kong—NZ penjee to 1 dollar T.T. 18 13-32 18 25-32 O.D. 18 3-8 18 25-32 India & Geylon—NZ pence: to 1 rupee TiT. 22 11-64 22 29^64 O.D. 22 9-64 22 29-64 Japan—NZ pence to 1 yen T.T. — 17 37-64 O.D. — 17 37-64 i Manila—NZ pence to 1 peso T.T. 3135-64 32% ' . O.D. 3129-64 32% Shanghai—NZ pence to 1 dollar T.T. — 11 ~ O.D. — 11 i Singapore—NZ pence to 1 dollar ........ T.T. 34 33-64 35 , O.D. 34 27-64 35

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 Od iii London, £i.in Australia, 15s 4Jd in U.S.A., 15s 4id in Canada, £1 2s 7fd in France,. 15s 4£d in Italy, 9s o|d in Germany,? lls 6£d in Java, £1 7s lljd in Japan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390607.2.38

Bibliographic details

Evening Post, Volume CXXVII, Issue 132, 7 June 1939, Page 8

Word Count
428

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 132, 7 June 1939, Page 8

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVII, Issue 132, 7 June 1939, Page 8