Foreign Exchange on New Zealand Currency Basis
The Bank of New youth Wales, Wellington, quoted the following rates for its purchases and sales of foreign exchange on April 6, 1938: — New Zealand on Buying. Selling. London—£N.Z. to £stg.loo . T.T. 124 124/10/O.D. 123/10/- 124/8/9 Australia — £A. to £N.Z. 100 .. . . T.T. 101 100/10/O.D. 101 Fiji—£F. to £N.Z. 100 .. .. T.T. 90/7/6 89 O.D. 90/7/6 89 New York— Dollars to £N.Z.I .. T.T. 4.0150 3.9805 O.D. 4.0250 3.9845 Montreal— Dollars to £N.Z.I .. T.T. 4.037 S 4.0054 O.D. 4.049 S 4.0094 Denmark— Kroner to £N.Z.I .. T.T. 18.203 17.593 O.D. 15.2G3 17.899 France — Francs to £N.Z.I .. T.T. O.D. Switzerland— Francs to £N.Z.I .. T.T. 17.574 17.304 O.D. 17.679 17.309 T.T. represents telegraphic transfers. O.D. represents on demand transac-
tions. All rates are subject to alteration without notice.
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https://paperspast.natlib.govt.nz/newspapers/MT19380407.2.37
Bibliographic details
Manawatu Times, Volume 63, Issue 82, 7 April 1938, Page 5
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129Foreign Exchange on New Zealand Currency Basis Manawatu Times, Volume 63, Issue 82, 7 April 1938, Page 5
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