|Exchange Rates | Currency Exchange | Foreign Exchange | Currency Codes | Calculator|
NZD Exchange Rate Calculator
Exchange rates calculator, this free to use calculator gives up-to-date exchange rates for the New Zealand dollar (NZD) against most of the worlds major currencies. Get live exchange rates and keep up-to-date with the latest currency conversions.
About the New Zealand Dollar (NZD) NZ$:
The New Zealand dollar is the official currency of New Zealand, but is also used in the Cook Islands of Niue, Pitcairn, and Tokelau. The New Zealand dollar is a decimal-based currency with a division of 100 cents to the dollar. The symbol for the New Zealand dollar can be depicted as NZ$ to distinguish it from dollars used in other countries, such as Australia and the United States. The dollar in New Zealand is colloquially known as the kiwi, and the official $1 coin has one side that depicts a kiwi fruit. The New Zealand dollar was officially adopted by the country in 1963 as a replacement for the pound. At its inception, the New Zealand dollar was pegged to the U.S. dollar and remained so until 1985. In 1985, the NZD was set to float on the international currency exchange. It was initially set at $0.444 USD and, to date, has reached a maximum value of $0.82 USD.
Coins currently in circulation in New Zealand are in denominations of 10 cents, 20 cents, 50 cents, $1, and $2. Bank notes are in denominations of $5, $10, $20, $50, and $100. The bank notes all depict native birds on the reverse. New Zealand dollars are known for fluctuating wildly and unpredictably, at times, as the U.S. dollar holds less sway over the foreign exchange market. Inflation in New Zealand is prone to become very large and last for long periods of time.
Page Only Links:
Designated trademarks and brands are the property of their respective owners.
ExchangeRates.net.au Copyright © 2006 - 2015. All rights reserved.