Foreign Exchange on New Zealand Currency Basis
The Bank of New South Wales, Wellington, quoted the following rates for its purchases and sales of foreign exchange on February 15, 1938: New Zealand on Buying. Selling. London—
£M.Z. to £stg.l00 . T.T. 124 124/10/O.D. 123/10/ 124/8/9 Australia— £A. to £N.Z. 100 .. .. T.T. 101 100/10/U.D. 101 100/10/Fiji— to iN.Z. 100 T.T. 90/7/6 89 O.D. 90/7/6 S9 New York-~ Dollars to £N.Z.l .. T.T. 4.0609 4.0261 O.D. 4.070'J 4.0301 Montreal— Dollars to £N.Z.l .. T.T. 4.0578 4.0254 O.D. 4.0G9S 4.0294 Denmark— Kroner to £N.Z.l .. T.T. 18.203 17.893 O.D. 18.263 17.899 France— Francs to £N.Z.l .. T.T. 121.23 O.D. 121.27. Switzerland— Francs to £N.Z.l .. T.T. 17.541 17.271 O.D. 17.646 17.270 T.T. represents telegraphic transfers. O.D. represents on demand transactions. All rates are subject to alteration without notice.
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https://paperspast.natlib.govt.nz/newspapers/MT19380216.2.118
Bibliographic details
Manawatu Times, Volume 63, Issue 39, 16 February 1938, Page 9
Word Count
129Foreign Exchange on New Zealand Currency Basis Manawatu Times, Volume 63, Issue 39, 16 February 1938, Page 9
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