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FOREIGN EXCHANGE RATES

Closing direct rates as quoted by the Bank of New South Wales, Weliington, 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 0 123 0 0 . , . ~ O.D. 123 18 fl 124 19 6 Australia—£ A to £NZ I 200 T.T. 100 10 0 100 0 0 ' V-- _-.■„ . - °-°- 10° 10 0 100 0 0 , Fiji—£F to £XZ .100. T.T. 90 0 0 88 12 6 'TT . _, O.D. 90 0 0 88 12 6 ; Lmon of South Africa— £NZ to £SA 100 T.T. 123 4 3 124 17 0 ~, ' , O.D. 122 17 0 124 17 0 New \ork—Dollars to £ NZ.I T.T. 3.7748 3.7315 , __ O.D. 3.7798 3.7325 Montreal—Dollars to £ NZ 1 T.T. 3.7759 3.7359 O.D. 3.7846 3.7369 BelEium—Belgas to £ NZ 1. T.T. 22.260 21.950 n ' , T . O.D. 22.335 21.955 Denmark—lvroncr to £ NZ 1. ..' T.T. 18.140 17.530 Finland—Marks to £ NZ 1 T.T. 154.55 179.05 O.D. 185.23 179.15 France—Francs to £ Nz * T.T. 142.9S 1-10 48 O.D. 144.23 140.58 Germany—Reichsmarks to £NZ 1 T.T. - 9.269 O.D. — 9.271 Greece—Drachmae to £ NZ 1 T.T. — 129.20 O.D. — 4"Q -\r, Holland—Florins to £ NZ 1 T.T. 7.110 0.960 0.8. 7.150 6.902 Italy—Lire to £NZ 1. T.T. ~ 70.97 O.D. - 70.99 Java—llorins to £NZ 1. T.T. 7.091 6.944 O.D. 7.134 «.946 Norway—Kroner to £ NZ 1. T.T.. 16.129 15.839 O.D. 16.189 15.842 Noumea—Francs to £ NZ 1 T.T. 145.48 138.73 t w O.D. 146.98 138.77 Papeete—Francs to S NZ 1 T.T. 144.58 138.88 O.D. 146.38 138.92 Sweden—Kroner to £ NZ 1 T.T. 15.740 15.445 „ . ' O.D. 15.500 15.44S Switzerland—Francs to SXZ 1. T.T. 10.792 10 522 O.D. 16.892 16.525" Hong Eong— X.Zi> pence to 1 dollar .... T.T. 18 i-S 18VO.D. 13 3-32 , isii India and Ceylon—N.Z. pence to 1 rupee T.T. 22 3-10 22 15-32 O.D. 22 5-32 22 15-32 Japan—N.Z. pence to 1 >'c"- T-T. - 17 37-64 ~ ~ . • O.D. — 17 37-64 Manila—2..Z. pence to 1 Peso T.T. 3133-6-1 32 7-32 ' O.D. 3127-64 32 7-32 Singapore—N.Z. pence to 1 dollar T.T. 3151-64 35 9-32 ; O.D. 34 45-64 35 9-32 The £1 is £1 in New Zealand cur- ' rency. The rates are subject to altera- , | tion 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 7£d .n France, 15s 4id , in Italy, 9s o|d in Germany, lis 6|d m Java, and £1 7s ll|d in Japan.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390726.2.175

Bibliographic details

Evening Post, Volume CXXVIII, Issue 22, 26 July 1939, Page 14

Word Count
418

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 22, 26 July 1939, Page 14

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 22, 26 July 1939, Page 14

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