FOREIGN EXCHANGE RATES

Evening Post, Issue 28, 1 August 1936, Page 6

FOREIGN EXCHANGE RATES

d Closing sight rates as quoted by the Bank of New South Wales, Wellington, today, for buying and selling foreign currencies based on New Zealand currency,, are as follows:—

' Buying. Selling. New Zealand on On demand. On demand. London-£N.Z. to £ dig * & *' d" Ao^u.-eU-toEkVi "'10 ° 124 8 9 n»-£Fto£N.Z.--Vob": T° 6° 'o° 0° New Vork — Dollars to £X.Z. 1. .... ., 4, 0 7^ 4.02% Austria-Scnilllngs to £ Belfluui—Belgas. tn £ '• " ' N.Z. 1. ....... , ■ 23 779 Czechoslovakia — urowns to £X.Z. 1 _ 9648 Denmark—Kroner to £ K-Z- !• 18.263 17.903 Franre—Francs to £ z- 1 — 60.95 Germany—Kelchmarks to £X.Z. 1. _ q rti<t ilnlland—Florins to £ ■ ."1 - 5.885 Java—Florins to £N.Z. ., h ■ ■ ■ • ■■ • — 5.S45 Nora-ay—Kroner to £ , >>'Z- 1 16.241 15.901 Sweden—Kronor to £ 7" }■ ■■■ 13-s*5 15.500 Switzerland—Francs to , £X-Z. 1 — 12.259 Noumea—Francs to £ N-z- 1 — . 59.60 I'onecte—Francs to £ N.Z. 1 •-.• — 59.75 Uong KonR—X.Z. pence to 1 dollar 17 23-32 19 9-32 tndla and Ceylon—X.Z. penco to 1 rupee 22 3-G4 22% Japnn—N.Z. penco to 1 i .vcn _ 17 37-64 Shanchal—N.Z. pence to .I <lolliir, • " 18 35-64 Singupure—N.Z. pence to 1 dollar 34 15-64 35-15-32. The above rates are for on demand transactions. The £ 1 is £ 1 ' in New Zealand currencj'. The rates are sublect to alteration without notice Based on the figures quoted by the BanK of New South Wales the New Zealand pound, compared with its original par value, is equivalent to approximately:— / £ s. d. 0 16 1 In London. 10 1 In Australia. 0 16 6V* in U.S.A. 0 16 614 in Canada. 0 9 9% in Trance. 0 9 8% In Germany. 0 9 7?i in Java. 1 7 HVi in Japan.