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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—£XZ to fists. 100 T.T. 124 7 6 125 0 0 0.0 123 IS 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 £XZ 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. 3.7743 3.7310 O.D. 3.7793 3.7320 Montreal —Dollars to £ XZ 1 T.T. 3.771S 3.7319 O.D. 3.7505 . 3.7329 IJfisrium—Belgas to £ XZ 1 T.T. 22.262 21.952 O.D. 22,337 21.957 Denmark —Kroner to £ XZ 1 T.T. 18.140 17.530 O.D. 15.200 17.532 Finland—Marks to £XZ 1 T.T 154.55 179.05 O.D 155.25 179.15 France—Francs to £XZ 1 T.T. 142.97 140.47 O.D. 144.22 140.49 Germany—Reichsmarks to £NZ 1 T.T. — 9.2(34 O.D. — 9.266 Greece —Drachmae to £ NZ 1. T.T. — 429.20 t».D. — 429.35 Holland —Florins to £ NZ 1 T.T. 7.149 6.999 O.D. 7.189 7.001 Italy—Lire to £XZ 1. T.T. — 70.94 O.D. — 70.96 Jay to £NZ 1. T.T. 7.134 6.954 • ■ O.D. 7.174 0.986 N orwa.v —Kroner to £ XZ 1 T.T. 1fi.129 15.530 O.D. 16.159 15.542 Nounie.i —Francs to £ XZ 1 T.T. 145.47 138.72 O.D. 146.97 135.76 Papeete—Francs to ' £ XZ 1 T.T 144.87 138.87 O.D 140.37 138.91 Sweden —Kronor to £ XZ 1 T.T. 15.743 15.44S -O.D. 15.503 15.451 Switzerland —Francs to £ XZ 1 T.T. 1fi.79.°, 16.523 O.D. 1G.593 1G.526 Hons Kons —N.Z. pence to 1 dollar T.T 18 1-R ISV 2 O.D. IS-3-32 18 y 2 India and Ceylon—N\Z. pence to 1 rupee T.T. 22 7-32 22% O.D. 22 3-16 22V 2 Japan—N.Z. pence to 1 yen T.T. — 17 37-G4 O.D. — 17 37-64 Manila—X.Z. pence to 1 peso T.T. 3133-G4 32 7-32 O.D. 31 27-65 32 7-32 Singapore—N.Z. perrce to 1 dollar T.T 34 51-U4 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 o§d in Germany, 11s 6^d in Java, £1 7s Hid in Japan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390804.2.146.5

Bibliographic details

Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 12

Word Count
423

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 12