FOREIGN EXCHANGE RATES

Evening Post, Volume CXXVI, Issue 83, 5 October 1938, Page 16

FOREIGN EXCHANGE RATES

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.

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 Os o£d in Australia, 15s 9Jd in U.S.A., 15s ll|d in Canada, £1 2s llfd in France, 15s 9Jd in Italy, 9s 3§d in Germany, 11s 6|d in Java, £1 8s O^d in Japan.

London—£N.Z'. to £ stg. "'■'■■ s< " 100 T.T. 124 0 0 124 10 0 . , ,: „ .' O.D. 123 11 3 124 9 6 Australia—£ A. to £N.Z. 100 T.T. 100 17 6 100 5 0 FH1-CT. to £N.Z. ft?' 10° H 610° 5 ° T.T. 90 7 6 89 0 0 xt * , ~ °-D- 90 7 G 89 0 0 New York —Dollars to £ N.Z.I. T.T. 3.8814 3.8474 O.D. 3.8864 3.8484 Montreal—Dollars to £ N.Z. 1 T.T. 3.9074 3.8749 „ , , , O.D. 3.9161 3.8759 Belgium—Belgas to £ N.Z. 1 T.T. 22.953 22.648 „ t , ' O.D. 23.028 22.648 * Czechoslovakia—Korunas to £N.Z. 1 T.T. — 110.65 O.D. — 110.67 Denmark—Kroner to £ N.Z. 1 T.T. 18.203 17.893 „, , , O.D. 18.263 17.895 Finland — Marks to £ N.Z. 1. ..,;.... T.T. 185.42 179.62 O.D. 185.82 179.72 France — Francs to £ N.Z. 1. T.T. 145.31 142.SI O.D. — 142.83 Germany—Reichmarks to £N.Z. 1. T.T. — 9.520 O.D. — 9.522 Greece—Drachmae to £ N.Z. 1 T.T. — 430.75 O.D. — 430.90 Holland—Florins to & N.Z. 1 T.T. 7.179 7.029 ♦ O.D. 7.219 7.031 Italy—Lire to £N.Z. 1. T.T. — 72.99 O.D. — 73.01 Java—Florins to £N.Z. 1 T.T. 7.150 7.000 O.D. 7.190 7.002 Norway—Kroner to fl N.Z.I. T.T. 16.181 15.891 I O.D. 16.241 15.S94 Noumea —Francs to £ N.Z. 1 T.T. 147.81 141.06 ■x O.D. — 141.10 Papeete — Francs to £ N.Z. 1. T.T. 147.21 141.21 O.D. — 141.25 Sweden — Kronor to £ - N.Z. 1. -. T.T. 15.797 15.502 O.D. 15.857 15.505 Switzerland — Francs to £N.Z. 1 T.T. 17.080 16.810 . O.D. 17.185 16.812 Chefoo —N.Z. pence to 1 j dollar T.T. — 115-8 O.D. — 115-8 Hong Kong — N.Z. pence to 1 dollar T.T. 18 29-64 18 53-64 O.D. 18 27-64 18 53-04 India and Ceylon—N.Z. pence to 1 rupee • T.T. 22 1-8 22 33-32 O.D. 22 3-32 22 13-32 Japan—N.Z. pence to 1 yen T.T. — 17 33-64 O.D. — 17 33-64 Manila—N.Z. pence to 1 peso f .. T.T. 30 45-64 31 23-64 O.D. 30 39-64 3123-64 Shanghai—N.Z. pence to 1 dollar T.T. — 11 O.D. — 11 Singapore—N.Z. pence to 1 dollar ,. T.T. 34 27-64 34 29-32 O.D. 34 21-64 34 29-32