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What is NZD?

NZD is currency, New Zealand dollar.

What is NZD? It's currency, New Zealand dollar, $, NZ$.

New Zealand five dollar bill.

Kiwi Sir Edmund Hillary is on the NZ five dollar banknote, Knight Commander of the Order of the British Empire, member of the Order of New Zealand and Knight of the Order of the Garter. A mountaineer, explorer and philanthropist.

NZD as New Zealand dollar

The New Zealand dollar is the currency of New Zealand. NZ dollar is divided into 100 cents. It is normally written with the dollar sign $ or NZ$ and often informally called the Kiwi. It is one of the 10 most-traded currencies in the world. According to Merrypenny money calculator the most popular rate is NZ dollar to USD, but also New Zealand dollar to Philippine peso and Indian rupee, not to mention AUD and pounds. NZ$ is also currency of Cook Islands alongside Cook Islands dollar, Niue, Ross Dependency, Tokelau, and Pitcairn Islands (UK).

Currency fact sheet

New Zealand dollar fact sheet.
Name New Zealand dollar
ISO 4217 code NZD
Sign, symbol $
Coin 10c, 20c, 50c, $1, $2
Banknote $5, $10, $20, $50, $100
Central bank Reserve Bank of New Zealand

More about...

More about the New Zealand money.

NZ money is often called the Kiwi since kiwi are commonly associated with New Zealand and the $1 coin depicts a kiwi.

Before the introduction of the New Zealand dollar in 1967, the currency of New Zealand was the pound. The New Zealand pound used the £sd system, in which the pound was divided into 20 shillings and one shilling was divided into 12 pence.

When NZ switched to decimal currency, names such as "kiwi" and "zeal" were proposed along with the "dollar" to avoid confusion with the United States dollar. In the end, the word "dollar" was chosen anyway.

NZ 1 oz Gold Kiwi coin.

1 troy oz Gold Kiwi coin is made of .9999 pure gold.

Exchange rates

What is the NZ dollar exchange rate today?

Reserve Bank of New Zealand

New Zealand's central bank - Reserve Bank of New Zealand - manages monetary policy to maintain price stability, promotes the maintenance of a sound and efficient financial system and supplies New Zealand banknotes and coins.

5.30a.m. and most people are still snoring while one of bank's dealers in the Foreign Reserves Management team is already working on the US currency markets. The night security staff are exchanging vital bits of information with the day crew in their secret hideout, from where they control and monitor all people, and money, entering and leaving the building. The Information Technology staff, part of Knowledge Services Group, are doing the early morning checks to ensure all computer systems are ready for the day ahead.

7.00am the Reserve Bank of New Zealand opens for business and at 5.30pm the IT helpdesk closes and the front desk staff leave for the day.

Sometime in the evening the European bond market dealer leaves the building, and the bank settles down for the night, awaiting the early arrival of their US dealer the next day.

Converters and rates

Easy to use currency converters and fresh exchange rates every weekday.

Look for further information about the NZ dollar by googling for Bank of New Zealand.

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