FOREIGN EXCHANGES
On New Zealand Currency Basis. The Bank of New South Wales, Wellington .quoted the following rates for their purchases and sales of foreign exchanges:— New Zealand Buying. Selling, on London ... T.T. 124 124/10/£N.Z. to £ stg. 100 . O.D. 123/10/- 124/8/9 Australia .. T.T. £A to £lOO O.D. 101 100/10/Fiji T.T. £F to £lOO O.D. 90/7/6 89 New York . T.T. 3.97 J 3.93 5-8 Doi. to £ O.D. 3.98 J 3.94-1-8 Montreal .. T.T. 3.97 1-8 3.93 5-8 Doi to £ O.D. 3.98 3-8 3.94 1-8 Austria .... T.T. 20.63 Schgs. to £ O.D, 20.65 Belgium .... T.T. 23.245 Bel. to £ O.D. 23.256 Czeehoslov.. T.T. 111.80 Crs. to £. O.D. 111.85 Denmark ... T.T. 18.203 17,893 Kr. to £.. O.D. 18.263 17.903 France .... T.T. 84.23 Frs. to £ O.D. 84.27 Germany . T.T. 9.733 Rm. to £ O.D. 9.738 Holland ... T.T. 7.155 Fls. to £ O.D. 7.159 Italy T.T. 74.74 Lire to £ O.D. 74.79 Java T.T. 7.121 Fls. to £ O.D. 7.125 Norway ... T.T. 16.181 15.891 Kr. to £ . O.D. 16.24-1 15.901 Sweden ... T.T. 15.785 15.490 Kr. to £. O.D. 15.845 15.500 Switzerland. T.T. 17.089 Frs. to £ O.D. 17.094 Shanghai .. T.T. 17 13-16 18 5-16 d. to dOl. O.D. 17 25-32 18 19-64 Hong Kong T.T. 18 9-32 18 25-32 d. to -dol. O.D. 181 18 49-64 India and Ceylon .. T.T. 22 13-32 22 11-16 d. to rupee O.D. 22 3-8 22 43-64 Japan .... T.T. 17 7-16 d. to 1 yen O.D. .17 27-64 Singapore . T.T. 34 23-32 35 13-64 d. to 1 dol. O.D. 34 5-8 35 3-16
The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates on Saturday on a New Zealand currency basis. They are subject to alteration without notice.
U.S.A. Dol. Canadian Dol Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.93 5-8 3.93 J O.D. 3.941-8 3.94 Buying O.D. 3.98 J 3.981
N.Z. Pound Abroad.
Based on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— 16/1 in London. £l/0/1 in Australia. 16/2 in U.S.A. 16/2 in Canada. 13/65d in France. 16/2 in Italy. 9/6id. in Germany. 11/9 in Java. £l/8/21 in Japan.
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Taranaki Central Press, Volume IV, Issue 332, 13 January 1937, Page 6
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352FOREIGN EXCHANGES Taranaki Central Press, Volume IV, Issue 332, 13 January 1937, Page 6
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