FOREIGN EXCHANGE RATES

Evening Post, Volume CXVIII, Issue 91, 15 October 1934, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates, as quoted by lt>8 Bank of New South Wales, Wellington, for buying and Belling foreign currencies, based od New Zealand currency, weru as follows: — October 13. On On demand. demand. To £1 N.Z. currency. Buying. Selling. France—Francs to £1 ... 00.HS Hfl.O:! Noumea —Francs to £1 .. fjl.fia 58.2S Papeete—Francs to £1 .. fll.fi:: '>8.2S Belgium—Bclgas to £1 .. 17.30f< lO.jU-t Germany—K'marks to £1 .' -- fl.359 Italy—Lire to £1 — 1-52G Switzerland—Francs to £1 li.'^l ll.SSO Holland —Fiorina to £1 ,. J.HZl 5.CS(> Java—Florins to £ 1 5.92i< 5.65S Shanghai—N.Z. pence to 1 dollar 22 1-3 23Vb India and Ceylon—N.Z. „„„,» pence to 1 rupee 22 •>-■>- ." 8-lo "rdol^r^.r?..?. 23 1-16 26 3-16 S1S 0-!i!™.!!.! 34 5-16 35 5-16 The above rates are for on demand transactions, excepting the Japanese yen, which is T.T. The £1 is £1 in NewZealand currency. The above rates are subject to alteration without notice. ' ■ Based on the above rates of exchange the value of £1 New Zealand currency in other countries is as follows:—, • • Oct. 12. ■ Oct. 1U. £ 1 N.Z. £ s. d. £ s. d. London 0 36 1 0 IB 1 Australia 10 1 1 0 X US.A. ' :.-. 0 13 10% 0 15 10% Canada 0 13 6 0 15 6 France <> 0 5}i n n « Italy 0 » »"i » « »'4 Germany 0 '.) S::, (1 9 4V? Java 0 9 3'.i n !> 'l'/j Japan ............. 1 7 i)>~ ■ 1 7 9