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. London—£XZ to £stg. 100 T.T. 124 7 6 125 .0(0 O.D. 123 18 9 124 19 0 Australia —£A to £XZ 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 SS 12 6 Union of South' Africa— ■:•■■'■ £NZ to £SA 100 T.T. 123 4 3 124 17 0 O.D. 122 17 0 124 17 0 Xew York—Dols. .to £ XZ 1. T.T. 3.7743 3.7310 O.D. 3.7793 3.7320 Montreal—Dols. to £ XZ 1. T.T. 3.7830 3.7431 O.D. 3.7917 3.7441 Belgium—Belgas to £ - NZ 1 T.T. 22.244 21.934 O.D. 22.319 21.939 Denmark —Kroner to £ XZ 1. ~'...:....: T.T. 18.140' 17.830 O.D. 18.200 17.832 Finland—^Marks to £ XZ 1.. T.T. 184.85 ' 179.05 '..-.;." O.D. 185.25 179.15 France—Francs : to £ NZ 1. .... .. T.T. 142.99 140.49 . ..,-... O.D. 144.24 140.51 Germany—Reichsmarks to £XZ 1.'.-...•.:.. T.T. — 9.267 I O.D. ' -r- - . . 9.269 Greece—Drachmae - to- £ XZ 1. .......... T.T. — 429.20 O.D. — 429.35 Holland—Florins to £NZ ' 1."... ...... UT. 7.162 7.012 0:D. 7.202 7.014 Italy—Lire to'£XZ-1. T.T. — 70.94 , . - -O.D. — 70.96 Jay to £NZ 1 T.T. 7.13S 6.98S O.D. * 7.178 6.900 Xorway—Kroner to £ XZ.I T.T. 16.126 15.836 O.D. 16.186 15.839 Xoumea—Francs to £ XZ 1. ;.. T.T. 145.49 138.74 O.D. 146.99 138.78 Papeete—Francs ' to ■ £ XZ 1. T.T. 144.89 138.89 ..'.'*. O.D. 146.39 138.93 Sweden—Kronor to £ XZ 1. T.T. 15.750 15.455 O.D. 15.510 15.458 Switzerland —Francs to £ NZ I. ...... T.T. 16.804 16.534 O.D. 16.904 16.537 Hong Kong—X.Z. pence to. 1 dollar T.T. IS 9-32 18 21-32 O.D. 181,4 18 21-32 India and Ceylon—XZ pence to 1 rupee T.T. •22 3-16 22 15-32 O.D. 22 5-32 22 15-32 Japan—XZ pence to 1 yen T.T. -- 17 37-04 O.D. — 17 37-64 Manila—-XZ pence to 1 f peso T.T. 3133-04 32 7-32 O.D. 31 27-64 32 7-32 Singapore—XZ pence to' I dollar- .T.T. 3149-64 85%. O.D. 34 43-64 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 in London. £1 in Australia. 15s 4d in U.S.A.. 15s 4£d in Canada, £1 2s 7Jd in France, 15s 4£d in Italy, 9s o%d in Germany, lis 6_d in Java, £1 7s Hid in Japan.
Selling. £ , s. d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19390704.2.135.23
Bibliographic details
Evening Post, Volume CXXVIII, Issue 3, 4 July 1939, Page 12
Word Count
412FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 3, 4 July 1939, Page 12
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