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FOREIGN EXCHANGE RATES

Closing direct rates as quoted oy 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 £stR. 100. T.T. 124 7 C 125 0 0 O.D. 123 IS 9 124. 10 0 Australia—£A to £j*Z 100. T.T. 100 10 0 100 0 0 O.D. 100 10 0 100 0 0 Fiji—SV to £XZ 100. T.T. SO 0 0 88 12 0 O.D. 90 0 0' 88 12 G Union of South Africa— £NZ-to £SA 100. T.T. 123 4 3 124 17 0 O.D. 122 17 0 124 17 0 New York—Dols. to £ KZ 1 T.T. 3.7753 3.7320 O.D. 3.7803 3.7330 Montreal—Dols. to £NZ 1. TIT. 3.7793 3.7394 O.D. 3.7780 3.7404 Belgium—Belgas to £NZ 1 T.T. 22.275 21.9H5 O.D. 22.350 21.970 Denmark—Kroner to S NZ 1 T.T. 18.140 1.7 .S3O O.D. 18.200 17.832 Finland—Marts to £ NZ 1 T.T. IS4.S.' 179.03 O.D. 185.25 179.15 France—-Francs to £NZ 1 T.T. 142.98' 140.4S O.D. 144.23 140.58 Germany—Reichsmarks to £NZ 1 T.T. — j».267 O.D. — 9.2C9 Greece—Drachmae to S, NZ 1 T.T. ■— 429.20 O.D. — 429.35 Holland—Florins to £NZ 1 T.T. 7.149 (5.999 O.D. 7.18!) 7.001 Italy—Lire to £XZ 1. T.T. — 70.03 O.D. — 70.97 Jay to £NZ 1. T.T. 7.142 ti.992 O.D. 7.152 1i.994 Norway—Kroner to £TsZ ■ 1 T.T. 10.127 15.837 O.I). 16.187 15.840 Noumea—Francs to £ yr A 1 T.T. 115.48 138.73 O.D. 140.98 135.77 Papeete—Francs to £NZ 1 T.T. 144.88 138.X8 O.D. 14G.3S 138.92 Sweden—Kronor to £NZ ■ 1 T.T. 15.746 15.4.-.1 O.D. 15.50U 13.454 ! Switzerland—Francs to £ ; NZ 1 T.T. 16.805 16.535 O.D. 1(5.90.". Hi.538 Hong ICong—NZ pence in 1 dollar T.T. IS 9-:.2 18 21-32 O.D IS 1,! 18 21-32 India and Ceylon— XZ pence to 1 rupee T.T. 22 "11-6! 22 29-64 O.D. 22 9-01 22 29-64 Japan—NZ pence to 1 yen T.T. — ..17 y?-«4 O.D. — 17 37-64 Manila—NZ pence to 1 peso T.T. 3133-61 32 7-32 O.D. 31 27-61 32 7-32 Singapore—NZ pence to 1 dollar T.T. 34 49-64 351.4 O.D. 34 43-64 35U

" 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 4id in Canada, £1 2s 7-Jd in France, 15s 4sd in Italy, 9s 02d in Germany, lls 6Jd in Java, £1 7s 11 Jd in Japan

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390714.2.155.18

Bibliographic details

Evening Post, Volume CXXVIII, Issue 12, 14 July 1939, Page 12

Word Count
416

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 12, 14 July 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 12, 14 July 1939, Page 12