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—£XZ 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. 90 0 0 88 12 6 O.D. 90 0 0 88 12 6 New York—Dollars to £ NZ 1 T.T. 3.7765 3.7275 O.D. 3.7815 7.7285 Montreal—Dollars to £ XZ 1 T.T. 3.811G 3.7514 O.D. 3.8203 7.7524 Belgium—Belgas to £ XZ 1 T.T. 22.521 21.981 O.D. 22.596 21.986 Czechoslovakia—Korunas to £XZ 1 T.T. — 107.18 O.D. — 107.20 Denmark—Kroner to £ XZ 1 T.T. 18.218 17.686 O.D. 18.278 17.688 Finland—Marks to £ XZ 1 T.T. 186.15 176.00 O.D. 186.55 176.10 b'rance—Francs to £ XZ 1 T.T. 145.11 140.11 O.D. — 140.13 Sermany—Reichsmarks to £XZ 1 T.T. — 9.173 O.D. — 9.175 3reece —Drachmae to £ XZ 1 T.T. — 418.68 O.D. — 418.83 Holland-HFlorins to £ XZ 1 T.T. 7.035 6.780 O.D. 7.075 6.782 [taly—Lire to £XZ l. T.T. — 70.56 O.D. — 70.58 fara —Florins to £XZ 1. T.T. 7.010 6.750 O.D. 7.050 6.752 Norway—Kroner to £ XZ 1 T.T. 16.201 15.704 O.D. 16.261 15.707 Noumea—Francs to £ XZ 1 T.T. 150.11 136.61 O.D. — 136.65 Papeete—Francs to £ XZ 1 T.T. 148.91 136.91 O.D. — 136.95 Sweden —Kroner to £ XZ 1 T.T. 15.821 15.319 O.D. 15.881 15.322 Switzerland —Francs to £ XZ 1 T.T. 16.752 16.287 O.D. 16.857 16.289 Chefoo —N.Z. pence to 1 dollar T.T. — 12 7-64 O.D. — 12 7-64 Hong Kong—X.Z. pence to 1 dollar ... T.T. 18 7-16 19 3-32 O.D. 19 13-32 19 3-32 India and Ceylon—X.Z. pence to 1 rupee. T.T. 22 9-64 22 41-64 O.D. 22 7-64 22 41-64 lapan—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. 34 29-64 35 19-64 O.D 34 25-64 35 19-64 Based on the figures quoted by the Bank oi 1 New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately 16s in London, £1 in Australia, 15s 4d in U.S.A., 15s 5d in Canada, £1 2s 6Jd in France, 15s 3|d in Italy, 8s 113d in Germany, 11s lfd in Java, £1 7s 8|d in Japan.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 134, 3 December 1938, Page 12
Word Count
412FOREIGN EXCHANGE RATES Evening Post, Volume CXXVI, Issue 134, 3 December 1938, Page 12
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