Exchange Rates and Standards Notices




26 APRIL
THE NEW ZEALAND GAZETTE
1207

Country and Currency
Australia (Dollar) ———— 0.9242– 0.9716
Austria (Schilling) ———— 14.2999– 15.0332
Belgium (Franc) ———— 30.2575– 32.7898
Canada (Dollar) ———— 1.1820– 1.2324
China (Renminbi) ———— 1.6223– 1.7055
Denmark (Kroner) ———— 5.4053– 5.6825
Fiji (Dollar) ———— 0.8545– 0.8983
France (Franc) ———— 4.4580– 4.6866
Hong Kong (Dollar) ———— 5.1988– 5.4654
India (Rupee) ———— 8.3186– 8.7452
Italy (Lira) ———— 862.7112–906.9519
Japan (Yen) ———— 219.9075–231.1846
Malaysia (Ringgit) ———— 2.2745– 2.3891
Netherlands (Guilder) ———— 2.1112– 2.2195
New Caledonia and Tahiti (Franc) ———— 81.0385– 85.1942
Norway (Kroner) ———— 5.2745– 5.5449
Pakistan (Rupee) ———— 10.0920– 10.6096
Portugal (Escudo) ———— 49.9349– 52.4956
Singapore (Dollar) ———— 2.2692– 2.3856
South Africa (Rand) ———— 0.8650– 0.9094
Spain (Peseta) ———— 70.1606– 73.7586
Sri Lanka (Rupee) ———— 15.0281– 18.0000
Sweden (Krona) ———— 4.5011– 4.7319
Switzerland (Franc) ———— 1.7479– 1.8375
United Kingdom (Pound) ———— 0.4887– 0.5138
United States of America (Dollar) ———— 1.0292– 1.0820
West Germany (Deutschmark) ———— 1.9619– 2.0625

Date: 20 April 1979.
Time: 9 a.m.

O. G. SCOTT,
Deputy Chief Cashier,
Reserve Bank of New Zealand, Wellington.

Exchange Rates

IN terms of section 25 (2) of the Reserve Bank of New Zealand Act 1964, the Reserve Bank today released outer limits for rates of exchange to be used in transactions involving the conversion of New Zealand currency into foreign currencies and foreign currencies into New Zealand currency when delivery of the foreign currency dealt in will be effected by telegraphic transfer. The following range of rates, for the main currencies used by New Zealand traders in settling foreign exchange transactions, will remain in force until replaced by a new schedule issued by the Reserve Bank. These rates do not apply to transactions for settlement after the expiration of two business days (forward transactions) or to transactions in which instruments are purchased which do not entitle the buyer to foreign currency balances in the foreign centre until the instruments have been balanced at the foreign centre. In the latter case interest at foreign centre rates may be deducted from the telegraphic transfer rate to compensate the purchaser for his loss during the transit period.

Country and Currency
Australia (Dollar) ———— 0.9242– 0.9716
Austria (Schilling) ———— 14.2999– 15.0332
Belgium (Franc) ———— 30.2575– 32.7898
Canada (Dollar) ———— 1.1820– 1.2324
China (Renminbi) ———— 1.6223– 1.7055
Denmark (Kroner) ———— 5.4053– 5.6825
Fiji (Dollar) ———— 0.8545– 0.8983
France (Franc) ———— 4.4580– 4.6866
Hong Kong (Dollar) ———— 5.1988– 5.4654
India (Rupee) ———— 8.3186– 8.7452
Italy (Lira) ———— 862.7112–906.9519
Japan (Yen) ———— 223.2258–234.6730
Malaysia (Ringgit) ———— 2.2745– 2.3891
Netherlands (Guilder) ———— 2.1112– 2.2195
New Caledonia and Tahiti (Franc) ———— 81.0385– 85.1942
Norway (Kroner) ———— 5.2745– 5.5449
Pakistan (Rupee) ———— 10.0920– 10.6096
Portugal (Escudo) ———— 49.9349– 52.4956
Singapore (Dollar) ———— 2.2692– 2.3856
South Africa (Rand) ———— 0.8650– 0.9094
Spain (Peseta) ———— 70.1606– 73.7586
Sri Lanka (Rupee) ———— 15.0281– 18.0000
Sweden (Krona) ———— 4.5011– 4.7319
Switzerland (Franc) ———— 1.7479– 1.8375
United Kingdom (Pound) ———— 0.4887– 0.5138
United States of America (Dollar) ———— 1.0292– 1.0820
West Germany (Deutschmark) ———— 1.9619– 2.0625

Date: 23 April 1979.
Time: 9.00 a.m.

A. TULLOCH,
Assistant Chief Cashier,
Reserve Bank of New Zealand, Wellington.

The Standards Act 1965—Draft New Zealand Standard Specification Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act 1965, notice is hereby given that the following draft New Zealand standard specification is being circulated.

Number and Title of Specification

DZ 3102 Concrete masonry units.

This draft standard applies to the manufacture of hollow and solid concrete masonry units. It covers materials, physical condition, dimensions, and permissible variations, compressive strength, water absorption, and compliance.

Comments are specifically requested on proposed water absorption requirements, and for details on any difficulties being experienced with drying shrinkage.

All persons who may be affected by this publication and who desire to comment thereon, may obtain copies from the Standards Association of New Zealand, World Trade Center, 15–23 Sturdee Street (or Private Bag), Wellington.

The closing date for the receipt of comment is 15 June 1979.

Dated at Wellington this 17th day of April 1979.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/8)

The Standards Act 1965—Draft Amendments to New Zealand Standard Specifications Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act 1965, notice is hereby given that the following draft amendments are being circulated.

Number and Description of Draft

DZ 5810/AA (second edition) Draft amendment to NZS 5810:1979 (BS 1753:1977) Safety requirements for children’s cots.

This amendment proposes the declaration of BS 1753:1977 as a New Zealand standard specification together with a local amendment deleting the references to concentrations of toxic substances, and substituting a reference to compliance with the New Zealand Poisons Regulations 1964.

The first draft amendment to this standard circulated recently was the subject of adverse comments. This second draft amendment takes account of a recent amendment to the Poisons Regulations 1964, which are mandatory.

The closing date for the receipt of comment is 10 May 1979.

DZ 6504:Part 1/AB Draft amendment to NZS 6504 (BS 4484) Measuring instruments for constructional work—
Part 1: 1975 (BS 4484:Pt. 1:1969) Metric graduation and figuring of instruments for linear measurement.

This amendment will require instruments which may accidentally contact electricity lines to carry a suitably worded warning.

The closing date for the receipt of comment is 31 May 1979.

All persons who may be affected by these amendments and who desire to comment thereon may obtain copies from the Standards Association of New Zealand, World Trade Center, 15–23 Sturdee Street (or Private Bag), Wellington.

Dated at Wellington this 17th day of April 1979.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/8)

The Standards Act 1965—Overseas Specifications Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act 1965, notice is hereby given that the under-mentioned overseas specifications are being considered for endorsement as suitable for use in New Zealand.



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✨ LLM interpretation of page content

💰 Exchange Rates for Foreign Currencies (Third Notice) (continued from previous page)

💰 Finance & Revenue
20 April 1979
Exchange rates, Foreign currency, Telegraphic transfer
  • O. G. Scott, Deputy Chief Cashier, Reserve Bank of New Zealand, Wellington

💰 Exchange Rates for Foreign Currencies (Fourth Notice)

💰 Finance & Revenue
23 April 1979
Exchange rates, Foreign currency, Telegraphic transfer
  • A. Tulloch, Assistant Chief Cashier, Reserve Bank of New Zealand, Wellington

🏗️ Draft New Zealand Standard Specification for Concrete Masonry Units

🏗️ Infrastructure & Public Works
17 April 1979
Standards, Concrete masonry units, Construction materials
  • Denys R. M. Pinfold, Director, Standards Association of New Zealand

🏗️ Draft Amendments to New Zealand Standard Specifications

🏗️ Infrastructure & Public Works
17 April 1979
Standards, Children's cots, Safety requirements, Measuring instruments
  • Denys R. M. Pinfold, Director, Standards Association of New Zealand

🏗️ Overseas Specifications Available for Comment

🏗️ Infrastructure & Public Works
17 April 1979
Standards, Overseas specifications, Endorsement
  • Denys R. M. Pinfold, Director, Standards Association of New Zealand