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 £stg. 100 T.T. 124 7 6 125 0 0 O.D. 123 IS 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 £XZ 100 T.T. 90 0 0 88 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.D. 122 17 0 124 17 0 New York—Jols to £NZ 1 T.T. 3.""43 3.7310 O.D 3.7793 3.7320 Montreal—Dols. to £TS"Z 1 T.T. 3.7724 3.7325 O.D. 3.7811 3.7335 Belclum —Belgas to £ XZ 1 T.T. 22.339 22.029 O.D. 22.414 22.034 Denmark —Kroner to £ NZ 1 T.T. 18.140 17.839 O.D. 18.200 17.532 Finland—Marks to £NZ 1 T.T 184.87 179.07 O.D. 185.27 179.17 France —Francs to £NZ 1 T.T. 142.97 140.47 O.D. 144.22 140.49 Germany—Keichmarks to £XZ 1 T.T. — 9.251 O.D. — 9.283 Greece—Drachmae to £ NZ 1 T.T. — 429.20 O.D. — 429.35 Holland —Florins to £NZ I 'S.T. 7.084 6.934 O.D. 7.124 6.937 Italy—Lire to £NZ 1. T.T. — 70.97 O.D — 70.99 Java—Florins to £NZ 1. T.T. 7.069 6.919 O.D. 7.109 6.921 Norway—Kroner to £NZ 1 T.T. 16.130 ' 15.840 O.D. 16.190 15.513 Noumea—Francs to £>*Z 1 T.T. 145.47 135.72 O.D. 146.97 138.76 Papeete—Francs to £NZ •' 1 T.T. 144.87 138.87 O.D. 146.37 138.91 Sweden—Kronor to £NZ 1 T.T. 15.731 15.436 ' O.D. 15.791 15.439 Switzerland —Francs to £ NZ 1 T.T. 16.769 16.499 O.D. 16.869 16.502 Hong Kong—NZ pence to 1 dollar T.T. 18 3-64 18 27-64 O.D. 18 1-64 IS 27-64 | India and Ceylon—NZ pence to 1 rupee T.T 22 7-32 22V 3 O.D. 22 3-16 22 Vz Japan —NZ pence to 1 i. en T.T — 17 37-64 J O.D. — 17 37-64 Manila —NZ pence to 3 Deso .......... T.T 3133-64 32 7-32 O.D. 31 27-64 32 7-32 Singapore —NZ pence to 1 dollar T.T. 34 27-32 35 21-64 O.D 34% 35 21-64 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 7£d in France, 15s 4Jd in Italy. 9s OJd in Germany, 11s 6\i in Java. £1 7s lljd in Japan.
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https://paperspast.natlib.govt.nz/newspapers/EP19390824.2.19
Bibliographic details
Evening Post, Volume CXXVIII, Issue 47, 24 August 1939, Page 5
Word Count
423FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 47, 24 August 1939, Page 5
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