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FOREIGN EXCHANGE

ON NEW ZEALAND CURRENCY BASIS. 16th FEBRUARY, 1935

DIRECT DOLLAR RATES

The Bank of New South Wales, Nelson, quoted the following rates' for their purchases and sale of foreign exchange yesterday (all rates subject to alteration without notice) O.D. 2U 22 i

Singapore— N.Z. pence 1 dollar ... T.T. 34 7-16 35§ O.D. 35 5-16 35 5-16 T.T. represents telegraphic transfers. O.D. represents on demand transactions. Based on the above rates of exchange the value of £1 New Zealand currency in other countries is as follows: — Feb. 14 Feb. 15.

New Zealand Buying. Selling. London — on £N.Z. to £sfcg,100 T.T. 124 124/10/O.D. 123/10/124/7/6 Australia — £A to £N.Z. 100 T.T. 101 100/10/O.D. 101 100/10/Fiji— £F. to £N.Z. 100 T.T, 90/7/6 89 O.D. 90/7/b 89 New York— dollars to fiN.Z.l ... T.T. 3.94| 3.98§

O.D. 3.95| 3.90! Montreal— Dollars to £N.Z.l. ... T.T. 3.95! 3.9UO.D. 3.96| 3.91! Germany— £N.Z.l ... T.T. 9.550 O.D. ■ — 9.555 Italy— Lire to Reichmarks to fiN.Z.l ... T.T. 45.42 o.d: — 45.45 Shanghai— N.Z. pence to 1 dollar ... T.T. 21| 17 21-32 O.D. 21* 22| India and Ceylon— N.Z. pence to 1 rupee T.T. 22 13-32 22f c O.D. 22 9-32 22 11-16 Hong Kong— N.Z. pence to 1 dollar ... T.T. 26 27-32 27 29-32 O.D. 26 23-32 27 27-32

£1 N.Z. £ s. d. £ s. d. London 0 16 1 0 16 1 Australia 1 0 1 1 0 1 D.S.A 0 16 01 0 16 Oi Canada 0 16 0? 0 16 •U France .... 9 9 5? 0 9 62Italy 0 9 101 0 9 10-1 Germany 0 9 44 0 9 44 Java 0 9 42 0 9 4? Japan 1 7 11 1 7 11

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19350218.2.119

Bibliographic details

Nelson Evening Mail, Volume LXVI, 18 February 1935, Page 9

Word Count
276

FOREIGN EXCHANGE Nelson Evening Mail, Volume LXVI, 18 February 1935, Page 9

FOREIGN EXCHANGE Nelson Evening Mail, Volume LXVI, 18 February 1935, Page 9

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