New Zealand dollar

 

 

 

 

 

 

New Zealand dollar is the official currency of New Zealand since 1967. This unit of currency is also used in the Cook Islands, Niue, Tokelau and the Pitcairn Islands. 

Origins and history 

Prior to the arrival of the New Zealand dollar, the currency of the country was the New Zealand pound, different from sterling pound since 1933. 

The change to decimal currency to replace the system of the New Zealand pound had been proposed in New Zealand in the thirties, but it was not until the fifties that the project was launched. In 1957, the Government created a committee to carry out a research on the decimal currency and finally in 1963 the Government decided to divide the currency of New Zealand into tenths. 

The decimal currency act was passed in 1964, setting out the transition date for the 10th July 1967. Also, other names for the currency were suggested, such as kiwi or zeal, in order to avoid confusion with dollar, commonly associated to US dollar. In the end, the word dollar was chosen to call the national currency. 

On the 10th July 1967 New Zealand dollar was introduced to replace the New Zealand pound, one pound equaling to two dollars. Around 27 million in banknotes were printed and 165 million in coins.

Countries using New Zealand dollar 

New Zealand dollar is the official currency of New Zealand, Cook Islands, Niue, Tokelau and Pitcairn Islands.

 

Current New Zealand dollar coins and banknotes 

Today we have banknotes of 5, 10, 20, 50 and 100 New Zealand dollars.

 

 

Imagen de los billetes del dólar neozelandés

Regarding coins, we have coins of 5, 10, 20 and 50 cent and 1 and 2 dollars.

Imagen de las monedas del dólar neozelandés

Did you know?

  • This currency is commonly called kiwi, name given after the national bird, which appears in the 1 dollar coins. 
  • New Zealand dollar is one of the top ten currencies used in trade worldwide. 
  • Elizabeth II is the queen of New Zealand. 

Symbol:

NZ$

ISO:

NZD

Date of creation:

1967

Authority:

Reserve Bank of New Zealand

Frequent changes:

Other currencies of the world

Online money order: best price guarantee

Make your order online and collect it at the branch of your choice.

Money order
Your best price

Why changing currency with us is better than with your bank?

    Global Exchange Global Exchange     Your high-street bank
Currencies available   Up to 39. We are specialists   Only major currencies. Banks do not pay enough attention to this kind of service.
Ready currency   Ever ready, immediately, in our branches at the airport.   Banks have to order currency to the Headquarters and it can.
Expenses   Only the exchange rate, without any additional charges, and if you order it online you get the best price.   The bank has its own margin and adds a commission.
Currency divided in different denominations.   Of course! We care about you and your needs while you travel abroad.   No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes.
Delivery options   Collect at the airport/branch of your preference. It is all about comfort!   You must visit your bank at least twice: once to order it and another one to collect it, thus having to be on the lookout for its arrival. 
Anything else?   Yes: our Iberia Plus Customers who reserve online earn Avios for their purchases, as when they buy at the airport.   Avi-what? No sir! This is a bank, not an airline company!