NZD – New Zealand Dollar

Sign – $, NZ$ / Code – NZD

ur corporate currency exchange brokers were helping our clients with their New Zealand Dollar transfers, New Zealand Dollar was creating its own rich history.

About the New Zealand Dollar

The New Zealand Dollar was introduced in 1967, replacing the New Zealand Pound, and has led a colourful life.

In 1985, the NZ$ was floated for US$0.44, and since then the dollar’s value has been determined by the financial markets. In 2007, the Reserve Bank sold an unknown amount of New Zealand Dollars in order to reduce its value.

The New Zealand Dollar is the 10th most traded currency in the FX market and is also used in the Cook Islands, Pitcairn Islands, Ross Dependency, Tokelau and Niue.

The NZ$ symbol is often used to help differentiate the New Zealand Dollar from the US Dollar.

Denominations

Subunit: Cent – 1/100

Coins: 10¢, 20¢, 50¢, $1, $2

Banknotes: $5, $10, $20, $50, $100

Bank: Reserve Bank of New Zealand

Some of the more popular exchanges include New Zealand Dollars to US Dollars