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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. London—£jn'Z to £stg. "" ' ' "" " * 100 T.T. 124 7 6 125 0 0 . » ,. n O.D. 123 18 9 124 19 6 Australia—£A to £NZ 100 T.T. 100 10 0 100 0 0 Fi3i-£F to £ N ZOi?6 10010 ° 10° ° ° T.T. 90 0 0 88 12 6 Union of South Afr&- 9° ° ° 88 12 6 £NZ to £SA 100 T.T. 123 4 3 124 17 0 New York-Dels. to°"£ ™ 1T ° m " ° NZ 1 T.T. 3.7743 3.7311 Montreal-Dols. to° D£ 37793 3732° NZ x T.T. 3.7833 3.7434 Bel g ium-Bel g as to^ "^ 3'7Ui Z1 T.T. 22.245 21.935 , ■ O.D. 22.320 21.940 Denmark—kroner to £ NZ 1 T.T. 18.140 17.830 ■ . , , ' , , O.D. 18.200 17.832 Finland—Maria to £ NZ 1 T.T. 184.85 179.05 ' O.B. 185.25 179.15 I France—Francs to £ NZ 1 T.T. 142.99 140.49 O.D. 144.24 140.51 Germany—Reichsmarks to £NZ 1 T.T. — 9.265 O.D. — 9.267 I Greece—Drachmae to £ NZ 1 T.T. — 429.20 Holland—Florins to £NZ 1 T.T. 7.163 7.013 O.D. 7.203 7.015 Italy—Lire to £NZ 1. T.T. — . 70.94 T „, O.D. — 70.96 Java—Florins to £ NZ 1 T.T. 7.138 6.988 „ „ O.D. 7.178 6.990 Norway—Kroner to £ NZ 1 T.T. 16.126 15.S36 „ O.D. 16.186 15.839 Noumea—Francs to £ NZ 1 T.T. 145.49 138.74 _ O.D. 146.99 138.78 Papeete—Francs to £ NZ 1 T.T. 144.89 138.S9 _, . O.D. 146.39 138.93 Sweden—Kronor to fl Nz 1 T.T. 15.750 15.455 -, . , , O.D. 15.810 15.458 Switzerland—Francs to £NZ 1 T.T. 16.800 16.536 „ _ O.D. 16.906 16.539 Hong Kong—NZ pence to 1 dollar T.T. 18 21-64 18 45-64 O.D. 1819-64 18 45-04 India & Ceylon—NZ pence to 1 rupee-. T.T. 22 13-64 22 31-64 O.D. 22 11-64 22 31-64 Japan—NZ pence to 1 yen T.T. — 17 37-64 O.D. — 17 37-64 Manila—NZ pence to l peso T.T. 3133-64 32 7-32 O.D. 31 27-G4 32 7-32 Singapor(3—NZ pence to 1 dollar T.T. 34 23-32 35 13-64 O.D. 34 5-8 35 13-64 The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice. Based on the rates quoted above, 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 4£d in Canada, £1 2s 7Jd in France, 15s 4Jd in Italy. 9s 02d in Germany, 11s 6|d in Java, £1 7s lljd in Japan.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390703.2.129.10

Bibliographic details

Evening Post, Volume CXXVIII, Issue 2, 3 July 1939, Page 12

Word Count
398

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 2, 3 July 1939, Page 12

FOREIGN EXCHANGE RATES Evening Post, Volume CXXVIII, Issue 2, 3 July 1939, Page 12

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