NZD – New Zealand Dollar
New Zealand Dollar Overview
The New Zealand Dollar is the currency of New Zealand.The currency code for Dollars is NZD, and the currency symbol is $.
Prior to the introduction of the New Zealand greenback in 1967, the New Zealand pound was the currency of latest Zealand, that had been distinct from the pound since 1933. The pound used the £sd system, within which the pound was divided into twenty shillings and one shilling was divided into twelve pence, that by the Fifties was thought-about sophisticated and cumbersome.
Switching to decimal currency had been projected in New Zealand since the Nineteen Thirties, though solely within the Fifties did any plans come back to fruition. In 1957, a committee was started by the govt. to research decimal currency. the concept fell on fertile ground, and in 1963, the govt. set to decimalize New Zealand currency.
Currency Facts
Name: New Zealand Dollar
Symbol: $ Cent: c
Minor Unit:
1/100 = Cent
Central Bank Rate: 1.75
Top NZD Conversion:
NZD/AUD
Top NZD Chart:
NZD/AUD Chart
Inflation: 0.60%
Coins:
Freq Used: $1, $2, 10c, 20c, 50c
Banknotes:
Freq Used: $5, $10, $20, $50, $100
Central Bank:
Reserve Bank of New Zealand
Website: http://www.rbnz.govt.nz/
Users: New Zealand, Cook Islands, Niue,
