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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. £ s. d. £ s. d. London—£NZ to £stg 100 LT. 124 10 0 125 0 0 O.D. 124 1 3 124 19 6 Australia—£A to £ NZ 100 T.T. 100 10 0 100 0 0 O.D. 100 10 0 100 0 0 Fiji—£F to £NZ 100. T.T. 90 0 0 88 12 6 O.D. 90 0 0 88 12 6 New York —Dollars to £ NZ 1 T.T. 3.7790 3.7300 O.D. 3.7840 3.7310 Mon^al-Donarsto^fi ;/ O.D. 3.8145 3.7466 Belgium—Belgas to £ N Z i .-.. T.T. 22.464 21.924 O.D. 22.539 21.929 Czechoslovakia —Korunas to £NZ1. ......T.T. - 107.07 Denmark-Kroner t0 £ , . O.D. 18.278 17.688 Finland—Marks to £ KZ 1 T.T. 186.15 176.00 O.D. 186.55 176.10 France —Francs to £ NZ 1 T.T. 145.44 140.44 O.D. — ' 140.46 Germany—Reichsmarks to £NZ 1 T.T. — 9.191 O.D. — 9.193 Greece —Drachmae to £ NZ 1 i T.T. — 418.68 O.D. — 418.83 Holland —Florins to £ NZ 1. T.T. 7.039 6.784 O.D. 7.079 6.786 Italy—Lire to £NZ 1. ■. ■ • T.T. — 70.59 O.D. — ■ ' • 70.61 Java —Florins to £NZ 1. r T.T: ,7.010 6.750 O.D. 7.050, 6.752 Norway—Kroner to £ ' NZ ,1. ....... T.T. 16.201 15.704 O.D. 16.261 ; 15.707 Noumea —Francs to £ NZ 1 T.T. 150.44 136.94 O.D. — 136.98 Papeete—Francs to £ NZ 1 T.T. 149.24 137.24 O.D. — 137.28 Sweden—Kronor to £ NZ 1. T.T. 15.819 15.317 O.D. ,15.879 15.320 Switzerland —Francs to £ NZ 1 T.T. 16.742 16.277 1 , O.D. 16.847 16.279 CJhefoo—N.Z. pence to 1 dollar T.T. — 12 7-64 O.D. — 12 7-64 Hong Kong—N.Z. pence \ to 1 dollar ... T.T. 18 7-16 193-32 O.D. 1913-32 19 3-32 ' India and Ceylon—N.Z. pence to 1 rupee. T.T. 22 9-64 22 41-64 , O.D. 22 7-64 - 22 41-64 Japan—N.Z. pence to 1 yen. ; T.T. — 17 23-32 O.D. — 17 23-32 Manila—N.Z. pence to 1 peso T.T. 319-16 32 23-32 \ O.D. 3115-32 32 23-32 Shanghai—N.Z. pence to 1 dollar ...T.T. — 1141-64 O.D. — 1141-64 Singapore—N.Z. pence to 1 dollar ........ T.T. 34 29-64 35 19-64 O.D. 34 25-/4 35 19-64 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 in London, £1 m, Australia, 15s 4d in U.S.A., 15s 4Jd in Canada, £1 2s 7id in France, 15s 3Jd in Italy, 9s in Germany, 11s l,fd in; Java, £1 7s 8|d in Japan.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19381201.2.122.2

Bibliographic details

Evening Post, Volume CXXVI, Issue 132, 1 December 1938, Page 12

Word Count
400

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVI, Issue 132, 1 December 1938, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVI, Issue 132, 1 December 1938, Page 12

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