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 18 *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—£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 —Dollars to £ •NZ 1 T.T. 3.7763 3.7330 O.D. 3.7813 3.7340 . Montreal —Dollars to £ NZ 1. T.T. 3.7780 3.7380 O.D. 3.7567 3:7390 BelKium —Belgas to £ . NJS 1 T.T. 22.270 21.960 O.D. 22.345 21.965 Denmark —Kroner to ' £ NZ 1 T.T. 18.140. 17.830 O.D. 18.200 17.832 Finland —Marks to £ NZ 1. .'. T.T. 184.85. 179.05 - O.D. 185,25 179.15 France —Francs to £ NZ 1. T.T. 142.98 140.48 O.D. 144.23 140.58 Germany—Reichsmarks to £>Z 1. T.T. — 9.277 j O.D. — 9.279 ! Greece —Drachmao to £ ' NZ 1 T.T. — 429.20 O.D. — 429.35 Holland—Florins to £ NZ 1. .....:.. T.T. 7.100 6.950 O.D. 7.140 6.952 Italy—Lire to £NZ 1. . T.T. — .. 70.98 O.D. —• 71.00 Java—Florins to 1. . T.T. 7.098 . 6.948 O.D. 7.138 6.950 Norway—Kroner to £ ■ NZ 1. ' ....... T.T. 16.127 15.837 O.D. 16.157 15.840 Noumea—rFrancs to £ NZ 1. ....... T.T. 145.48 138.73' O.D. 146.98 138.77 Papeete—Francs to £ ' ' ■ NZ 1 T.T. 144.88 138.88 O.D. 146.38 : . 138,92 Sweden —Kronor to £ '■ NZ 1. .... T.T. 15.743 15.448 O.D. 15.803 15.451. Switzerland —Francs to £NZ 1. T.T. 16.794 16.5.24". • O.D. 16.894 16.527 Hong Kong—N.Z. pence ;. ; .■to 1 dollar T.T. 18 13-64 18 37-64 O.D. 18.11-64 IS 37-64. India and • Ceylon—N.Z. pence to 1 rupee T.T. 22 3-16 - 22 15-32 O.D. 22 5-16 22 15.-32 Japan—N.Z. pence to 1 yen ......T.T. — 17 37-64 O.D. —•. 17 37-64 Manila—N.Z. pence to 1 . -j ■ peso T.T. 3133-64 82 7-32 O.D. 3127-64 32 7-S2 Singapore—N.Z. pence to 1 dollar. ...... T.T. 34 51-04 35 9-32 O.D. 34 45-64 35 9-32 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 4Jd in Canada, £1 2s 7Jd in France, 15s 4id in Italy, 9s Ofd in Germany, 11s 6£d in Java, £1 7s 11 Jd in Japan.
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https://paperspast.natlib.govt.nz/newspapers/EP19390719.2.16
Bibliographic details
Evening Post, Volume CXXVIII, Issue 16, 19 July 1939, Page 4
Word Count
423FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 16, 19 July 1939, Page 4
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