FOREIGN EXCHANGES

Evening Post, Volume CXXV, Issue 22, 27 January 1938, Page 12

FOREIGN EXCHANGES

■ Closing direct rates as quoxefl by the .darik of New South Wales, Wellington, today;v; for; buying •» and selling foreign currencies baied on New Zealand currency were as follows:—

' Buying. Belling. {Jew Zealand on £ id, et.it Londop—£N.Z lo.e.stg. - tOO TT, 12« 0 0 124 10 0 O.D. {123 10 0 124 8 » Australia—lSA. to KN.a. ,1H .... T.T. and O.D. 10J 0 0 ,100 10 ( Ilji-£P. to SN.Z. 100 T.T. and O.D; 00 7 1,11.0 ,0 Ntw Tors—DoUari to £ ' KZ. J T.T. 4.0112 4 OOGG Ob 4 031.1 4 0100 Montreal—Dollart to fi X.2. 1 TT. 4 0401 4.00?6 O 1). i 0321 4 0110 Atntrla—Scillltnjs to fi N.Z. 1. ...' T.T. — !0 9J O.D. — /: 20.85 Sttilum— Belgai to £ >.Z. 1 T P. 21<»X1 21 67JJ i • OD. 24 001 JJ 690 Oe'-hnsiorakla—Crowns £N.Z. 1. ;... T.T. — 310-51 O.K. —^ 113.5U lJ«rdnarK—Eronu to £ . K'Z. L TT. ISL'n'S J7 SflS O.D. 18.2G3" 17.839 Finland—Msrka to £ ■NZ.J.'. TT. J<M'i7 - 170 17 ' ' • O.D. 15J.37 no 27 Frauea—Franc* to £fy.K , I. , TT. — 1222! 0.D..— J22 27 GBi'ittany—Kelctimarks to -£X.Z. 1. ". TT. — '1100 O.nl — 9.905 Greecs^-Dracnmae to £ N.Z. 1 T.T. — 429.54 O.D. ■—■■■■ 420.54 Bollsnil—Florins to £ KZ. 1 TT. 7 ",0t 7 !"•) O.I). Tnm .' 7 163 Italy—Lire to CN.Z. I. T.T. ~ 7(1.13 ' OD. — 76 18 Jiva—Florins to £N.K. 1. T.T. 7 253 7HI 0.1). 7.323 7.137 Nprwaj—Kroner to i ft K.Z. 1. T.T. IB 182 J-.892 , O.D. 16.2d2 15.898 Noumea—franc* to £ XZ. 1. . TT. — IJO 93 O.I). — 121.02 Fa nefte—franca to £ X.Z. 1. TT. — I.M 0T . O.IJ. — ,121.07 ' Bwedeu—Eronor to £ N.Z. L T.T. 15.75S 15.403 O.D. 15.848 ) 15.499 Switzerland — Francs to; £X Z. 1 TT. 373R2 17 292 OD. 17 OG7 17 297 Chefiio^-N.iß. penc» to 1 d011ar'......'.... T.T. — • IS 5-"2 O.D. — 18 9-C'l lluuj .Kong—tli ponce to 1 dollar T.T. 18 29-fii IS 53-64 O;n. 18 27-64 18 53-64 India nno Ceylon—N.St. Denca.to 1 rupeo .. T.T. 22% Ziil-S-i O.D 22 11-32 22 21-3J J»Tian—N.2. penet to 1 ren T.T. - 17V4 0.0. - 17% Maplli—N.B. pence to 1 pwo t.t. 2'ni-r,i nn 7-6 i . . '. O.D. 29 33-G1 HO 7-64 Shaoshal—N Z. pence to ■1 dollar ...'...• ..T.T. — ' JS 11,-61 0.D., — IS 11-64 Slajanore—N 'L. pence lo J dollar TT. 8123-32 , BM3-04 . - O.D. 54% . S3 13-64 The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice.

Based- ori the figures quoted Dy the Bank ol New South Wales the New Zealand pound,- compared with its original par value, is equivalent to approximately 165.1 dtn London, £1 0s Id in Australia. 16s 5Jd in U.S.A. 16s 5Jd in Canada, 16s 7d in France, 16s s£d in Italy. 9s BJd in Germany. 11s •lOd in' Java, £1 8s Id in Japan.