FOREIGN EXCHANGES

Evening Post, Volume CXXIII, Issue 124, 27 May 1937, Page 12

FOREIGN EXCHANGES

Closing direct rates as quoted by ths Bank of New South Wales, Wellington, today for buying and selling foreign currencies, based on New Zealand currency, were as follows:—

The £1 is £1 in New Zealand currency. The rates are subject 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 16s Id in London, £1 0s Id in Australia, 16s 3£d in U.S.A., 16s 3d in Canada, 14s 3d in France, _ 16s 3id in Italy, 9s 7id in Germany, lls 9Jd in Java, £1 8s ltd-in Japan,

Puytng. . .Selling. New Zealand on £ s. d. '• £ a. d. London—£ N.Z. to £ stg. 100 T.T. 124 0 0 124 10 0 O.I). 123 10 0 124 8 8 Australia—£ A to S'N.Z. 100 .... T.T. arid O.D. 101 0 0 100 10 0 Fiji—£F to £N Z. 100. T:T. and O.D. 90 ? 6 89 0 0 New York—Dollars tn £ • S z 1 T.T. 3.9970 3.9602 O.D. 4.0095 3.9652 Montreal—Dollars to S XI I. T.T. 3.9923 3.95T4 O.D. . 4.0048 3.9024 Austria— Schillings to £ N.Z. 1. T.T. — 20.73 O.D. — ' 20.75 Belgium—Belgas to £ . JC.Z. 1 T.T. — 23.399 O.D. — 23.410 Czechoslovakia *-~ Crowns to £N.Z. 1 T.T. — 112.96 O.D. — 113.01 Denmark—Kroner to £ N.Z. 1. ..' T.T. 1S.203 17.893 O.D. 18.263 17.903 France—Francs to £N.Z. 1 T.T. — 88.54 O.D. — , SS.5S Germany—Reichmarks to £XZ. 1. T.T. — '" 9.819 O.D. — 9.824 Hriinnd—Florins to £ - X Z. 1 T.T. 7.324 7.174 O.D. 7.3S4 7.178 Italy—Lire to £N.Z I., T.T. — 75.28 O.D. — . 75.33 Java—Florins to £N.z. 1. - . .T.T.' 7.305 7.145 .O.D.' 7..3G5 7.149 N.Z. 1. ...... T.£ ■ 16.182 15.802 O.D. 16.242 "15.902 Sweden — Kronor to £ N.Z. 1. T.T. 15.785 , 15.490 O.D. 15.845 15.500 Switzerland—Francs to £ - v ' ■ X Z. 1 T.T. 17.510 . 17.270 O.D. 17.615 17.275 Noumea—Francs to £ . N.Z. 1 T.T. — S7.17 O.D. — 87,23 Paneete—Francs to £ N.Z. 1 T.T. — , S7.32 O.D. — S7.3S (long Kong—N.Z. penoe to 1 dollar T.T. 18 9-64 IS 41-64 O.D. 18 7-61 18% India and Ceylon—N.Z. pence to 1 rupee. T.T. 22% 22 21-S2 O.D. 22 11-32 22 41-64 Japan—N.Z. pence to 1 yen T.T. — 17 15-32 O.D. — 1? 29-04 Shanghai—N.Z. pence to 1 dollar T.T. 17% , 18H ' O.D. 17 23-33 18 15-64 Slngapore^—N.Z. pence to 1 dollar ........ T.T. 34 23-32 35 13-84 O.D. S4% 35 3-1B Chefoo—N.Z. pence to 1 dollar T.T. 11% 18%; ■■■■-■' O.D. 17 45-64 18 23-64 Manila—N.Z.' pence to 1 D eso .....T.T. 29 13-16 80% O.D. 29 23-32 30 23-64