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 June 20, 1939: New Zealand on Buying. Selling. London—£N.Z. to £stg,loo . T.T. 124/7/6 125 O.D. 123/18/9 124/19/6 Australia—£A. to £N.Z. 100 .. .. T.T. 100/10/- 100 O.D. 100/10/- 100 Fiji—£F. to £N.Z. 100 .. .. T.T. 90 88/12/6 O.D. 90 88/12/6
New York— Dollars to £N.Z.I .. T.T. 3.7758 3.7325 O.D. 3.7808 3.7335
Montreal — Dollars to £N.Z.I .. T.T. 3.7822 3.7422 O.D. 3.7909 3.7432
Denmark— Kroner to £N.Z.I .. T.T. 18.140 17.830 O.D. 18.200 17.832
France — Francs to £N.Z.I .. T.T. 142.99 140.49 O.D. 144.24 140.51
Switzerland— Francs to £N.Z.I .. T.T. 16.808 16.538 O.D. 16.908 16.541 T.T. represents telegraphic transfers. O.D. represents on demand transactions. All rates are subject to alteration without notice.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19390622.2.56
Bibliographic details
Manawatu Times, Volume 64, Issue 145, 22 June 1939, Page 5
Word Count
132Foreign Exchange on New Zealand Currency Basis Manawatu Times, Volume 64, Issue 145, 22 June 1939, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in