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FOREIGN EXCHANGE RATES

Closing direct rates as quoted by the Bank of New Sou,tb Wales, Wellington, today, for buying and selling foreign currencies, based on New Zealand currency, were as follows: —

The Regent Theatre, Dunedin, is paying a. final dividend of 3& per cent., making 6 per cent, for the year.

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 £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 88 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 New York—Dollars to £ NZ 1 T.T. 3.7748 3.7315 O.D. .3.7798 3.7325 Montreal —Dollars to £ NZ 1 T.T. 3.7723 3.7324 O.D. 3.7810 3.7334 Belgium—Belgas to £ NZ 1 T.T. 22.262 21.952 O.D. 22,337 . 21.957 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. 142.97 140.47 j O.D. 144.22 140.49 Germany—Reichsmarks to £NZ 1 T.T. — 9.265 O.D. -— 9.267 Greece—Drachmae to . £ NZ 1 T.T. — 429.20 O.D. — 429.35 Holland—Florins to £ NZ 1 T.T. 7.151 7.001 O.D. 7.191 7.003 Italy—Lire to £NZ 1. T.T. — 70.95 O.D. — 70.97 Java —Florins to £NZ 1. T.T. 7.134 6.984 O.D. 7.174 G.986 Norway—Kroner to £ NZ 1 T.T. 16.128 15.838 * O.D. 16.188 15.841 Noumea —Francs to £ NZ 1 T.T. 145.47 138.72 O.D. 146.97 138.76 Papeete—Francs to £ NZ J T.T. 144.87 138.87 * O.D. 146.37 138.91 Sweden —Kronor to £ NZ 1 T.T. 15.'740 15.445 O.D. 15|S0O 15.448 Switzerland —Francs to £ NZ 1 T.T. 16.793 16.523 O.D. 16.893 16.526 Hong Kong—N.Z. pence to 1 dollar T.T. 181-8 18% O.D. 18 3-32 18% India and Ceylon—N.Z. pence to 1 rupee T.T. 22 7-32 22% O.D. 22 3-16 22% Japan—N.Z. peace to 1 yen T.T. — 17 37-64 O.D. — 17 37-64 Manila—N.Z. pence to 1 peso T.T. 3133-64 32 7-32 O.D. 31 27-64 32 7-32 Singapore—N.Z. pence to 1 dollar T.T. 34 51-64 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 4£d in Canada, £1 2s 7|d in France. 15s 4Jd in Italy, 9s 0§d in Germany, lis 6£d in Java, £1 7s llid in Japan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390803.2.119.9

Bibliographic details

Evening Post, Volume CXXVIII, Issue 29, 3 August 1939, Page 12

Word Count
436

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 29, 3 August 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 29, 3 August 1939, Page 12