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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 £stj,\ 100 T.T. 124 7 G 125 0 0 O.D. 123 IS S) 124 19 6 Australia—£A to £NZ 100 T.T. 100 10 0 100 0 0 o.n. ioo io o ioo o o Fiji—£F to £NZ 100. T.T. 00 0 0 SS 12 6 O.D. 90 0 0 88 12 6 Union of South Africa— £XZ to £SA 100. T.T. 123 4 3 124 17 0 O.I). 122 U 0 124 17 0 New York—Dols to £NZ 1 T.T. 3.T74:i 3.7310 O.D 3.7793 3.7320 Montreal —Dols. to £N'Z 1 T.T. 3.771S 3.7319 O.D. 3.7505 3.7.'!29 Belsrium —Belgas to £ XZ .1 T.T. 22.330 22.020 O.r>. 22.414 22.034 Denmark —-Kroner to £ NZ l T.T. 15.140 17.839 O.D. 18.200 17.832 Finland—Marks to £NZ 1 T.T. 184.87 170.07 O.D. 185.27 179.17 France—Francs to £XZ 1 T.T. 142.07 140.47 O.I). H1.22 140.49 Cionnauy—Reiclimarks to £X 55 1 T.T. — 9.273 O.D. — 0.275 d'repce -Drachmae to £ XZ 1 T.T. — 429.20 O.D. — 429.35 Holland—Florins to £XZ 1 T.T. 7.ftPfi 6.946 O.D. 7.136 G.94S Italy—Lire to £XZ 1. T.T. — 70.94 O.D. — 70.96 Java—Florins to £XZ 1. T.T. 7.052 6.932 O.D. 7.122 6.934 Norway—Kroner to £XZ 1. T.T. 1fi.130 15.840 O.D. 16.190 15.843 I Noumea —Francs to £NZ i 1 T.T. M.-..47 138.72 I 0.0. 146.97 138.76 l'nneete—Francs to £NZ 1 T.T. 144.87 158.87 O.D. 14(5.37 135.91 Sweden —Kronor to £XZ 1 T.T. 15.730 15.435 O.I). 15.790 15.43.S Switzerland —Francs to £ N.Z. 1 T.T. 16.771 15.r.0l O.D. 16.871 15.501 Ilonp Kiniß— XZ pence to 1 dollar T.T. 18 1-16 IS 7-10 O.D. IS 1-32 IS 7-16 India and Ceylon XZ pence to 1 rupee T.T. 22 7-32 22% O.D. 22 3-16 22% Japan—NZ pence to 1 yen T.T. — 17 37-64 O.I). — 17 37-64 Manila —XZ pence to 1 peso T.T. 31 33-64 32 7-32 O.D. 31 27-01 32 7-32 Singapore—NZ pence to 1 dollar T.T. 3127-32 35 21-64 O.D. 34% 35 21-04 The £1 is £1 in New Zealand currency. The rates are subject to alterajtion without notice. I 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. Iss 4d in U.S.A., 15s 4£d in Canada, £1 2s 7Jd in France, 15s 4Jd in Italy, 9s OJd- in Germany, 11s 6£d in Java, £1 7s Hid in Japan.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390823.2.52

Bibliographic details

Evening Post, Volume CXXVIII, Issue 46, 23 August 1939, Page 8

Word Count
426

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 46, 23 August 1939, Page 8

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 46, 23 August 1939, Page 8

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