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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. London—£NZ to £stg. .100 ... ..... T.T. 124 7 6 125 0 0 O.D. 123 IS 0 124 19 (3 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 Union of South Africa— ' £NZ to £SA 100 T.T. 123 4 3 124 17 0 O.D. 122 IT 0 124 17 0 New York —Dols. to £ NZ 1. ... .. T.T. 3.7743 3.7310 O.D. 3.7793 3.7320 Montreal—Dols. to £ ' NZ 1. T.T. 3.7824 3.7425 O.D. 3.7911 3.7435 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 £ NZ 1. '.. T.T. 154.85 179.05 O.D. 185.25 179.15 France—Francs to & NZ 1. T.T. 142.97 140.47 O.D. 144.22 140.49 (JL-rmany—Reichsmarks to £NZ 1 >. T.T. .— 9.265 O.D. — 9.207 Greece —Drachmae to £ NZ 1. T.T. .—, 429.20 O.D. — 429.33 Holland—Florins to £NZ 1 T.T. 7.162 7.012 O.D. 7.201 7.014 Italy—Lire /to £NZ 1. T.T. -- 70.94 O.D. — 70.96 Java—Florins to £NZ 1 T.T. 7.13S 6.958 O.D, 7.17S 6.990 Norway—Kroner to £ NZ 1 T.T. 1G.12G 15.830 O.D. 16.15G 15.839 Noumea—Francs to £ . NZ 1. T.T. 145.47 138.72 O.D. 146.97 135.76 Papeete— Francs' to £ NZ 1 T.T. 144.57 138.87 O.D. 146.37 . 138.91 Sweden—Kronor to £ • NZ 1. T.T. 15.74(5 15.451 O.D. 15.506 15.454 Switzerland—Francs to £ NZ 1 T.T. 16.503 16.533 O.D. 16.903 16.536 Hong Kong—N.Z. pence to 1 dollar T.T.> 18 21-64 18 45-64 • O.D. ••■ IS-19^64 18 45-64 India, and Ceylon—NZ pence to 1 rupee T.T. 22 3-16 22 15-32 O.D. 22 5-32 22 15-32 Japan—NZ penco to 1 yen T.T. — 17.37-64 O.D. ■— 17 37-64 Manila—NZ pence to 1 peso T.T. 31 33-fM 32 7-32 O.D. 3127-64 32 7-32 SiiiKapore—NZ pence to 1 ■ . • dollar T.T. 34 51-64 35 9-32 . 0.8. 34-45-64 35 9-32 The £1 is £1 in New Zealand currency. The rates are subject to alteration 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 4Jd in Canada, £1 2s 7»',d in France, 15s 4:' ( d in Italy, 9s o%d. in Germany, 11s 6Jd in Java. £1 7s 11 Jd in Japan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390706.2.126.12

Bibliographic details

Evening Post, Volume CXXVIII, Issue 5, 6 July 1939, Page 12

Word Count
415

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 5, 6 July 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 5, 6 July 1939, Page 12