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: —
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 in Australia, 15s 3Jd in U.S.A., 15s 4^d in Canada, £1 2s 7d in France,. 15s 3\d in Italy, 9s in Germany, Us l?d in Java, £1 7s 8?d in Japan.
Buying. Selling. £ s. d. £ s. d. London—£NZ to £stg 100 T.T. 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.T. 90 0 0 88 12 6 O.D. 90 0 0 88 12 6 New York—Dollars to £ NZ 1 T.T. 3.7755 3.7265 O.D. 3.7805 3.7275 Montreal—Dollars to £ KZ1 T.T. 3.S070 3.74G9 O.D. 3.8157 3.7479 BelKium^Belgas to £ NZ 1. T.T. 22.434 21.894 O.D. 22.509 21.899 Czechoslovakia —Korunas to SNZ 1 T.T. — 107.07 O.D. — 107.09 Denmark —Kroner to £ NZ 1 T.T. 18.218 17.686 O.D. 1S.27S 17.688 Finland —Marks to £ NZ 1 T.T. 186.15 176.00 O.D. 18G.55 176.10 France—Francs to £ NZ 1.. ' T.T. 145.34 140.34 O.D. — 140.36 Germany—Keichsmarks to £NZ 1 T.T. — , 9.179 O.D. — 9.181 Greece—Drachmae to £ NZ 1 T.T. — 418.68 O.D. — 418.83 Holland—Florins to £ NZ 1. T.T. 7.036 6.781 O.D. 7.076 6.783 Italy—Lire to £NZ 1. T.T. — 70.59 O.D. — 70.61 lava—Florins to £NZ 1. T.T. 7.006 6.746 O.D. 7.046 6.748 Norway—Kroner to £ NZ 1 T.T. 16.201 15.704 O.D. 16.261 15.707 Noumea —Francs to £ N.Z.I. T.T. 150.34 136.84 O.D. — 136.88 Papeete—Francs to £ NZ 1 T.T. 149.14 137.14 O.D. — 137.18 Sweden —Kronor to £ NZ 1 T.T. 15.821 15.319 O.D. 15.881 15.322 Switzerland —Francs to £ NZ. 1. T.T. 16.736 16.271 O.D. 16.841 16.273 Chefoo —N.Z. pence to 1 dollar 53: = Hilt Hong Kong—N.Z. pence to 1 dollar ... T.T. 18 7-16 19 3-32 O.D. 19 13-32 19 3-32 India and Ceylon—N.Z. pence to 1 rupee. T.T. 22 9-64 22 41-04 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. 3113-32 32 9-16 O.D. 315-16 32.9-16 Shanghai—N.Z. pence to 1 dollar T.T. — 1141-64 O.D. — 1141-64 Singapore—N.Z. pence to 1 dollar T.T. 3129-64 3o 19-64 O.D, 34 25-64 35 19-64
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Bibliographic details
Evening Post, Volume CXXVI, Issue 153, 2 December 1938, Page 14
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405FOREIGN EXCHANGE RATES Evening Post, Volume CXXVI, Issue 153, 2 December 1938, Page 14
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