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COMMERCIAL

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:—

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 m Australia, 13s s^d in U.S.A., 13s BJd in Canada. £1 Is 6£d in France. 14s 2£d in Italy, 8s 3id in Germany, 10s 3|d in Java, £1 9s 3id in Japan. .

Buying. S s. d. Selling. £ s. d. London—£XZ to £stg. 100 T.T. 124 7 6 O.D. 123 18 9 Australia— £A to £N.Z. 100 T.T. 100 10 0 O.D 100 10 0 Fiji—£F to £XZ 100 T.T. HO 0 0 O.I). 90 0 0 Union of South Africa— £XZ to £SA 100. T.T 123 4 3 O.U. 122 17 0 New York—Dols to £NZ 1 T.T. 3.5S76 O.D. 3.5926 .Montreal—Dols. to £NZ 1 T.T. 3.15350 O.D. 3.6437 Belgium—Belgas to £ XZ 1. T.T. 21.452 O.D. 21.527 Denmark—Kroner to £ XZ 1 T.T. 18.519 O.D. 13.579 i inland —Marks to £NZ 1 T.T. 19(5.43 O.D. 196.S3 France—Francs to £NZ 1 T.T. 140.72 O.D. 147.97 tierniany—Reichsmarks to £NZ 1. T.T. — O.D. — Creece—Drachmae to £ NZ 1 T.T. — O.D. — Holland—florins to £NZ J. T.T. 7.046 O.D. 7.086 Italy—Lire to £NZ 1 T.T. — O.D. — Java —Florins to £XZ 1. T.T. (5.996 O.D. 7.036 Norway—Kroner to £ XZ 1 T.T. 16.364 O.D. 16.424 Noumea—Francs to £NZ I T.T. 159.42 O.D. 160.92 i'apeete—Francs to £NZ ] TT. 156.22 O.D. 157.72 Sweden —Kronor to £ XZ 1 T.T. 15.712 O.D. 15.77S Switzerland—Francs to ±; XZ 1 T.T. 16.309 O.D. 16.409 Hong Kong—NZ pence to 1 dollar. T.T. 17 23-32 O.D. 17 11-16 India and Ceylon—XZ pence to 1 rupee. T.T. 21 11-16 O.D. 21 21-32 lapan—XZ pence to 1 yen T.T. — O.D. — Singapore—XZ pence to 1 dollar T.T. 33 25-32 O.D. 33 11-16 125 0 0 124 19 6 100 0 0 100 0 0 is'S 12 H 8S 12 6 124 17 0 124 17 0 3.2660 3.2670 3.3350 3.3360 19.902 19.907 16.969 16.971 167.43 167.53 131.22 134.24 8.468 S.470 3SS.00 3SS.15 6.296 \6.298 65.72 65.74 6.246 6.24S 14.914 14.917 125.47 125.51 126.22 126.26 14.237 14.240 14.959 14.962 19 23-64 19 23-64 23 3-32 23 3-32 18 5-64 IS 5-64 36 13-64 36 13-64

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390831.2.21

Bibliographic details

Evening Post, Volume CXXVIII, Issue 53, 31 August 1939, Page 5

Word Count
405

COMMERCIAL Evening Post, Volume CXXVIII, Issue 53, 31 August 1939, Page 5

COMMERCIAL Evening Post, Volume CXXVIII, Issue 53, 31 August 1939, Page 5

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