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 21, 193S:—-
New Zealand on Buying. Selling. London— £N.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/Fi ITto £N.Z. O.D. 101 100/10/100 .. .. T.T. 90/7/6 89 O.D. 90/7/6 89 New York— Dollars to £N.Z.l .. T.T. 4.0578 4.0231 O.D. 4.0678 4.0271 Montreal— Dollars to SN.Z.1 .. T.T. 4.0554 4.0230 O.D. 4.0674 4.0270 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. 121.74 O.D. 121.78 Switzerland— Francs to SN.Z.l .. T.T. 17.534 17.2-64 O.D. 17.639 17.269 T.T. represents telegraphic transfers. O.D. represents on demand transaetions. All rates are subject to alteration without notice.
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https://paperspast.natlib.govt.nz/newspapers/MT19380222.2.11.2
Bibliographic details
Manawatu Times, Volume 63, Issue 44, 22 February 1938, Page 2
Word Count
128Foreign Exchange on New Zealand Currency Basis Manawatu Times, Volume 63, Issue 44, 22 February 1938, Page 2
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