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:
The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Doi. Canadian Doi Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.92 3-8 3.92 1-8 O.D. 3.92 7-8 3.92 5-8 Buying O.D. 3.97} . 3.9 GS
N.Z. Pound Abroad.
Based on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its o:i--ginal par value, is ejuivalent to approximately:— 16/1 in London £l/0/1 in Australia. 16/1} in U.S.A. 16/1} in Canada. 13/8} in France. 16/1} in Italy. 9/6 in Germany. 11/83 in Java. £l/8/1} in Japan.
New Zealand on Buying. Selling. bondon £N.Z. to £ T.T. 24 124/10/stg. 100 . O.D. 1 23/10/- 124/8/9 Australia .. T.T. — — £ A to £100 O.D. 01 100/- ./■ Fiji T.T. — — £F to £100 O.D. 90/7/0 89 New York .. T.T. 3.95 83 3.92 20 Doi. to £. O.D. 3.97 08 3.92 70 Montreal . .. T.T. 3.95 51 3.92 02 Doi. to £. O.D. 3.9G 76 3.92 52 Austria T.T. — 20.58 Schgs. to £ O.D. — 20.60 Belgium .... T.T. — 23.196 Bel, to £ O.D. — 23.207 Czechoslovak. T.T. — 111.70 Crs. to £. O.D. — 111.75 Denmark ... T.T. 18 203 17,893 , Kr. to £ .. O.D. 18.203 17.903 France T.T. — 85.20 Frs. to £.. O.D. — 85.24 Germany . . . T.T; — 9.693 R.M. to £. O.D. — 9.698 Holland T.T. 7.278 7.128 FIs. to £ . O.D. 7.338 7.132 Italy T.T. — 74.47 Lire to £ .. O.D. — / 74.52 Java T.T. 7.294 7.089 FIs. to £ .. O.D. 7.309 7.093 Switzerland. T.T. 17.413 17.14.3 Frs. to £ . O.D. 17.518 17.1.48 Norway .... T.T. 16.181 15.891 Kr. to £ .. O.D. 16.241 15.901 Sweden .... T.T. 15.785 15.490 Kr. to £ .. O.D. 15.845 15.500 Shanghai .... T.T. 17 29-32 18 13-32 d. to 1 dol. O.D 17 7-8 18 25-64 Hong Kong T.T 18 19-64 18 51-64 d. to 1 dol India and O.D 18 17-64 18 25-32 Ceylon ... T.T 22 3-8 22 21-32 d. to rupee O.D 22 11-32 22 41-64 Japan T.T —. 17 31-64 d. to .1 yen O.D — 17 15-32 Singapore T.T 34 23-32 35 13-64 d. to 1 dol. O.D. 34 5-8 35 3-16
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Taranaki Central Press, Volume IV, Issue 398, 3 April 1937, Page 7
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366FOREIGN EXCHANGES Taranaki Central Press, Volume IV, Issue 398, 3 April 1937, Page 7
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