FOREIGN EXCHANGES
Closing direct rates as quoted by the Bank of New South Wales, Wellington, today for buying and selling foreign currencies, based on New Zealand currency, were as follows: — Buying. Selling. New Zealand on £ s. d. £ s. d. London— £N.Z. to £ stg. 100 T.T; 124 0 0 124 10 0 O.D. 123 10 0 124 8 9 Australia—£A to £N.Z. 100 ... T.T. and O.D. 101 0 0 100 10 0 Fiji —£F to £N.Z. 100 T.T. and O.D. 90 T 6 89 0 0 New York—Dollars to £ N.Z. 1 T.T. 3.9905 3.9536 O.D. 4.0003 3.9576 Montreal—Dollars to £ N.Z. 1 T.T. 3.9895 3.9316 O.D. 4.0020 3.9386 Austria—Schillings to £ N.Z. 1; T.T. — 20.58 O.D. — 20.89 Belgium—Belgas to £ N.Z. 1 T.T. — 23.387 O.D. — 23.398 Czechoslovakia — Crowns to £N.Z. 1 T.T. — 112.56 O.D. — 112.91 Denmark—Kroner to fl N.Z. 1 T.T. 18.203 IT.S-.13 O.D. 18.263 17.903 France—Francs to £N.Z. 1 T.T. — 88.73 O.D. — 88.77 Germany—Relchmarks to £N.Z. 1 T.T. — 9.830 O.D. — 9.535 Holland—Florins to £ N.Z. 1 T.T. 7.313 7.163 O.D. -7.333 7.107 Italy—Lire to £N.Z. 1. T.T. — 75.15 O.D. — 73.20 Java—Florins to £N.Z. 1. T.T. 7.283 7.133 O.D. 7.323 7.137 Norway—Kroner to £ N.Z. 1 T.T. 16.183 15.893 O.D. 10.243 13.903 Sweden — Kronor to £ N.Z. 1 T.T. 15.785 15.490 O.D. 15.845 15.500 Switzerland—Francs to £ N.Z. 1 T.T. 17.536 17.266 O.D. 17.641 17.271 Noumea—Francs to £ N.Z. 1 T.T. — 87.36 O.D. — 87.42 Papeete—Francs to £ N.Z. 1 T.T. — 87.31 O.D. — 87.37 Hong Kong—N.Z. Pence to 1 dollar T.T. 18 9-64 18 37-61 O.D. 18 7-64 18 37-61 India and Ceylon—N.Z. j pence to 1 rupee T.T. 22% 22 21-32 O.D. 22 11-32 22 21-32 Japnn—N.Z. pence to I yen T.T. — IT 31-64 O.D. — 17 31-64 Shanghai—N.Z. pence to 1 dollar T.T. 17 25-32 18 7-32 O.D. ir?i IS 7-32 Singapore—N.Z. pence to 1 dollar T.T. 34 23-33 35 13-64 O.D. 34% 35 13-64 Chefoo —N.Z. pence to 1 dollar T.T. 17% 18% O.D. 17 43-64 18 23-64 Manila—N.Z. pence to 1 peso T.T. 29 27-32 30 11-32 O.D. 29-U 30 11-32 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 3d in U.S.A., 16s 3d in Canada, 14s 3id in France, ) 16s 3d in Italy, 9s 7£d in Germany, 11s 19id in Java, £1 8s lid in Japan.
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Bibliographic details
Evening Post, Volume CXXIII, Issue 134, 8 June 1937, Page 12
Word Count
413FOREIGN EXCHANGES Evening Post, Volume CXXIII, Issue 134, 8 June 1937, Page 12
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