The official currency of New Zealand. The best selection of materials for the question: What is the name of the official currency of New Zealand? How is the value of a currency determined?
The New Zealand dollar is the official currency of New Zealand. It has circulation, in particular on the islands of Niue, Cook, and Pitcairn.
This currency is very popular in stock markets.
Like other dollar bills, one New Zealand dollar is equal to 100 cents. The monetary unit is directly dependent on the development of imports and exports in the country, as well as on economic and trade relations. The New Zealand dollar can be called a commodity currency. The following denominations are used in circulation: 5, 10, 20, 50 and 100. The remaining coins are in denominations of 5, 10, 20, 50 cents. 1 and 2 dollars are issued in metal. Main feature large bills is that they are made of thin plastic, and paper is not used for printing. The exchange rate of the New Zealand currency against the dollar is 1 to 2.45. The country itself is relatively expensive. Exchange offices are open almost every day, but they are closed on weekends and holidays.
How is the value of a currency determined?
In order to exchange funds at a favorable rate, it is recommended to make the exchange in New Zealand banks. In particular, tourists exchange dollars, pounds or Australian currency, which is also called the dollar. The exchange can also be made at ATMs located on the streets of the city. The New Zealand currency is called "kiwi" in local slang. This name comes from the fact that the one dollar coins feature the kiwi bird. It is one of the main symbols of the state.
The country's monetary unit is a freely convertible currency. In this regard, it is included in the Continuous Linked Settlement list. The system includes continuous settlements that are carried out on conversion processes, and is valid for those countries that are included in the International Monetary Fund. A special institution, the Reserve Bank of New Zealand, controls the issue of the dollar. State coins are produced at the Royal Mint in Great Britain. Free conversion refers to the relationship of the New Zealand dollar to others on the international foreign exchange market. The decision on this status was made by the community of countries of the International Monetary Fund. This happened back in the 20th century. A special feature is floating exchange rates. Their value is determined only as demand for them increases or decreases.
From history - how did the monetary unit appear?
Until 1840, the country did not have its own currency. At that time, British currency and the money of some countries were in circulation. Until the beginning of 1900 in New Zealand official monetary unit The English pound sterling was recognized. Payments, purchases, fees for services, taxes, etc. were made using pounds. There were 6 banking institutions, which issued their own banknotes. After 1907, it was decided to introduce its own distinctive currency into the country, and thus the New Zealand pound was born. It was issued by private banks. The model was the British pound sterling, which became the basis for the future production of money. The Reserve Bank of New Zealand has announced central bank countries. This happened in 1930. This institution had to issue currency. After 4 years, in 1934, the Reserve Bank began issuing new series bills After, in 1935, pounds ceased to exist in the country.
New Zealand switched to the decimal system in 1967 money turnover. Thus, the first dollar of this country was introduced. The monetary unit, as now, was 100 cents. Initially, it interacted closely with the US dollar at the rate of 1 to 1.39. Then devaluation occurred and the exchange rate began to fluctuate. The crisis economy had a significant impact on instability. The country's authorities have made a lot of efforts to implement effective management exchange rate. In 1985, it was decided to create a floating exchange rate for the new money. By this time, the monetary unit had fallen against the US dollar and began to cost 1 to 0.44.
Popularity and demand compared to other currencies
To determine how much the New Zealand dollar is and will be worth in the future, one should take into account US macroeconomic indicators and existing differences and differences interest rates these countries. In order to successfully support exports, it is necessary to make a minimum of efforts to strengthen the national currency. New Zealand is undertaking such a policy.
It is important to note that the currency is extremely sensitive to macroeconomic statistics. Official information on this issue is rarely disclosed. Quarterly and annual reports are published without fail, making it easier to predict the exchange rate of the New Zealand dollar. The monetary unit has a considerable level of profitability, and this fact has been noticed in many countries. This dollar is often used by players on the exchange based on the difference in interest rates. Very often transactions are made in the carry trade. History shows that the maximum price for the New Zealand currency was recorded in 2000. It was 39 cents per 1 NZD. And the minimum price in relation to the US dollar was established in 2011. It was 86 cents per 1 NZD. The New Zealand dollar can be purchased in almost any country in the world. To do this, you need to choose an exchanger that offers a wide selection of currencies.
As a small aside, I would like to talk about New Zealand money. Here, as in any developed country plastic money is used, the service life of which is longer than that of paper money, which leads to a reduction in the costs of issuing new banknotes, and this is what - nothing, but savings. Money made from polymers is already quite a common phenomenon among countries that are attentive to their budget, and in my opinion, Singapore was the innovator of the transition to plastic money instead of paper. It seems to me that sooner or later all states will come to this, including us, well, let’s say after some Zimbabwe or Ghana.
But let's get back to the bills themselves. In New Zealand, paper and plastic money in circulation includes banknotes in denominations of 100,50,20,10,5 New Zealand dollars. At the time of my visit to New Zealand, 1 American dollar was approximately 1.2 New Zealand dollars.
I'd like to address who and what is on New Zealand money. Typically, each state depicts famous people, endemic representatives of flora or fauna, or simply great buildings on its banknotes. Not all countries love “monarchs” and “idols” so much; not all, as they say, are united by “Lenin alone” or “Grandfather Lenin in the field and school.”...
100 - New Zealand dollars
Rutherford was the first to create a planetary model of the atom.
On back side The 100 dollar bill features a bird called "mohua" - in the Maori language, or a yellow-headed canary. The tree depicted there is a red beech - the favorite habitat of the yellowhead bird.
This tree and bird are very common in the Eglington River Valley, which I passed through when traveling to Milford Sound.
The valley itself is also depicted in the background of the bill. Also in the lower left corner is a “lichen moth” - which has such a coloring that makes it very difficult to detect in lichen thickets.
Now 50 New Zealand dollars.
The front of the note depicts Sir Apirana Ngata, the first Maori to make a career in politics and science. Also depicted here is the Porourangi Meeting House - built according to the sketches of Sir Apiran Nata himself. The house is a typical example of Maori art.
On the reverse side of the "fifty dollar" is depicted: Kokako Crow - a New Zealand bird with a gray body, black face and blue beard, Pureora Forest - located in the central part of the North Island - this is one of the most significant ecological places in New Zealand, where they live the above birds.
In the lower right corner there are mushrooms similar to psilocybin - in fact, these are Sky-blue mushrooms - “sky-blue” mushrooms that grow throughout the “green country” and the color of which disappears with age. In the lower left corner are leaves and berries (kareao) that Kokako crows eat.
The next note is 20 New Zealand dollars. On its front side is Her Majesty Queen Elizabeth 2 of Great Britain, and the Parliament in Wellington, which is popularly called the “beehive”.
On the flip side of the Green Twenty, the New Zealand falcon is a fearless hunter whose habitat is mainly bush-covered mountainous uplands.
Mount Tapuaenuku is the highest mountain in the South Island
And then there are also New Zealand representatives of the flora (Chionchloa rubra) and (Pachystegia insignis), and since I am not a fan of botany, I will limit myself to this description.
New Zealand's most famous suffragette, Kate Sheppard, is featured on the $10 note. She knew the third wife of William Larnach, the owner of the castle of the same name, and was an ardent fighter for women's suffrage in New Zealand.
White camellias are flowers that were given to members of parliament who supported the women's suffrage bill. This flower has become a symbol of the struggle of New Zealand women. They are interesting people, the British - New Zealanders, it is not possible for them to understand that in our “Snowy Nigeria” you vote or don’t vote, you will still get it... I don’t know what to write next, I couldn’t guess.
On the reverse side of the "blue note" is a blue duck - an endangered species of New Zealand fauna. They live mainly in fast rivers in the mountainous regions of New Zealand and again a couple of representatives of the flora, Parahebe catarractae and Blechnum fern.
5 - dollar bill is New Zealand's most beautiful banknote and is also one of the most beautiful banknotes in the world. The main character is New Zealander Sir Edmund Hilary - he was the first climber to conquer the highest mountain in the world - Everest.
It also depicts the highest mountain in New Zealand - Mount Cook - and the Massey Ferguson tractor, which, slightly modified, Sir Hilary used when reaching the South Pole.
Sir Edmund Hilary still managed to conquer 2 poles in his life: North and South.
On the back of the $5 bill: the yellow-eyed penguin, one of the rarest penguins in the world, and again three representatives of the New Zealand flora: subantarctic lilies, Pleurophyllum speciosum and (Durvillaea of Antarctica).
And one more thing...New Zealanders affectionately call their dollars “Kiwi dollars,” well, since they call themselves kiwis. It is not very common practice here to calculate using the cache; basically, calculations are made using credit cards, there are even supporters who propose to abolish cash payments completely... Eh.... they don’t understand our scale, well, can you explain to an ordinary New Zealander that money can be taken out of the government house... not just in your pocket... but in copier box...
P.S. The quality of the photos is quite poor, as I took them quickly, because the idea to write about money came to me almost on the last day of my stay in New Zealand and I still had to somehow find all the bills. I had never photographed or written anything about money before, but suddenly it became interesting.
NEW ZEALAND CURRENCY
The currency of New Zealand is the New Zealand dollar (NZD, code 554).
The exchange rate of the New Zealand dollar to the ruble and to other currencies can be viewed on the currency converter on the right.
1 New Zealand dollar is equal to 100 cents.
There are banknotes in circulation in denominations of 5, 10, 20, 50 and 100 dollars, as well as coins in denominations of 5, 10, 20, 50 cents, 1 and 2 dollars.
New Zealand dollars look like this:
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Currency exchange in New Zealand
JavaScript is currently disabled.Please enable it for a better experience of Jumi.You can exchange currency in New Zealand at airports, bank branches and exchange offices (for example, Travelex). There are exchange offices in all tourist areas and cities.
Banks in New Zealand operate...
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Other New Zealand currencies: New Zealand dollar (NZD)
In New Zealand, the official New Zealand currency is called the New Zealand dollar. The New Zealand dollar has an international symbol - NZD. One New Zealand dollar is equal to 100 cents. Throughout the country, New Zealand's currency is represented by banknotes in denominations of NZD 5, NZD 10, NZD 20, NZD 50 and NZD 100, as well as coins in denominations of 5, 10, 20, 50 cents, 1 and 2 dollars. Since 1999, for the production of New Zealand currency banknotes, not paper, but special thin plastic has been used. New Zealand banks are open Monday to Friday from 09.00 to 16.30. New Zealand currency can be exchanged at airports, branches of New Zealand banks and specialized New Zealand exchange offices. To a small extent, the New Zealand course...
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Are you traveling to an unfamiliar country and need to know the New Zealand dollar to US dollar exchange rate? The table shows the main denominations of dollar bills and the equivalent in New Zealand dollars. Learn about the history of money and what New Zealand dollar notes look like. You can buy New Zealand dollars in Ukraine or change money at the airport or bank. To find out how many New Zealand dollars are in a certain amount of dollars, euros or hryvnia, use a currency converter.
New Zealand dollar NZD(554) - currency of New Zealand, Niue, Cook Islands, Tokelau, and Pitcairn. The official currency abbreviation is NZ$. Often called simply "kiwi" (after New Zealand's national bird). NZ$1 = 100 cents.
Since 1999, special thin plastic has been used to produce banknotes.
New Zealand currently uses a free-floating regime exchange rate. The criterion for the effectiveness of exchange rate policy (exchange rate anchor) is inflation indicators.
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The New Zealand dollar (sign: NZ$, $; code: NZD) is the monetary unit of the Kingdom of New Zealand. One New Zealand dollar is equal to 100 cents.
New Zealand dollar, appearance of banknotes and banknotes.
New Zealand dollar, appearance of coins.
Degrees of protection of the New Zealand dollar, banknotes.
Territory of circulation of the New Zealand dollar:
New Zealand, Niue, Cook Island, Tokelau, Pitcairn.
New Zealand dollar rates:
History of the New Zealand dollar.
British and Australian coins were used as legal tender in New Zealand.
In 1907, the official currency of New Zealand became the New Zealand pound, which, like the British pound sterling, consisted of 20 shillings, each of which was 12 pence.
On July 10, 1967, the New Zealand pound was replaced by the New Zealand dollar at the ratio of 1 pound = 2 dollars.
1 New Zealand pound 1934...
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Currency
New Zealand dollarNew Zealand dollar (international designation - NZD, domestically - NZ$), equal to 100 cents.
There are banknotes in denominations of 5, 10, 20, 50 and 100 dollars, as well as coins in denominations of 5, 10, 20, 50 cents, 1 and 2 dollars.
Exchange rate
100 RUB = 5.06 NZD
1 NZD = 19.76 RUB (15.03.08)
1 USD = 1.30 NZD
10 NZD = 7.69 USD
New Zealand Dollar (NZD) / Euro (EUR)
1 EUR = 1.74 NZD
10 NZD = 5.73 EUR (15.03.08)
Banking and currency exchange
Open from Monday to Friday from 09.00 to 16.30.
Currency can be exchanged at airports, bank branches and specialized exchange offices. Credit cards the world's leading systems and traveler's checks are serviced everywhere.
American Express credit cards are best serviced in specialized offices of this...
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The ruble’s been Russia’s currency for the past 500 years. One ruble is divided into 100 kopecks. The word first appeared in the 13th century, thought to have come from the Russian verb “rubit” (“to chop”) as “rouble” used to be half a standard silver bar. When the first silver coins were minted in the 15th century, the ruble became the official currency unit. The kopecks (“kopeyka”) got their name from the Russian “kopye” (“spear”) because they featured an image of St. George slaying a dragon with a spear.
In Tsarist Russia, rouble coins were mostly silver but were also minted in gold or platinum. The first USSR banknotes appeared in 1924, featuring the Soviet state emblem with 6 bands around ears of wheat. They represented the languages of the 4 original members of the Soviet Union – the Russian, Transcaucasian (which included Azerbaijan, Armenia and Georgia), Ukrainian and Belarusian Republics. Later, most Soviet banknotes carried the portrait of...
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National currency
Money appeared in New Zealand with European colonization. In the 30s of the 19th century, colonists brought a wide variety of coins into the country - primarily British, as well as French, Dutch and others - with the help of which exchange was carried out. In the mid-19th century, William Hobson, the first governor of New Zealand, proclaimed the full applicability of British laws throughout the country. This made British circulating coins legal tender.
Since 1897, British coins have become the official currency of New Zealand. Thus, the circulation of various foreign coins was put to an end. At the end of the 19th century, there were six banks in New Zealand, each of which issued its own banknotes, established its own size and pattern of banknotes, which did not match the denomination.
It was not until 1924 that the banks finally agreed on the size and color of the banknotes. Images on the new banknotes included a portrait of Maori King Tauhiao, a kiwi bird, and...
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Updated: 03/26/2017 18:00:02
The New Zealand dollar is the official currency of Niue, New Zealand, the Cook Islands, Pitcairn, and Tokelau. Currency code: NZD. Currency unit: Cent (1/100). Currently, banknotes in denominations of 5, 10, 20, 50, 100 New Zealand dollars and coins are common: 10, 20, 50 cents, 1, 2 dollars.
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Charts
Dynamics of the New Zealand dollar exchange rate against the ruble over the last week, per 1 NZD:
* the graph illustrates the hourly change in the New Zealand dollar/ruble exchange rate over the past seven days.
during the week:
Dynamics of changes in the exchange rate of the New Zealand dollar against the ruble per month, per 1 NZD:
* The chart shows the New Zealand dollar/ruble exchange rate at 12:00 GMT over the last 30 days.
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The Kingdom of New Zealand is a territorial entity governed by the monarch of New Zealand, who is the head of this state. IN this moment The monarch of the Kingdom of New Zealand is the Queen of Great Britain, who governs it through her Governor-General. The Kingdom of New Zealand includes several entities, namely New Zealand, the Ross Sector - a territory in Antarctica claimed by New Zealand, the freely associated territorial entities of the Cook Islands and Niue Island, as well as the territory administered by New Zealand (territorial possession) of Tokelau .
New Zealand is an island state located on the island archipelago of the same name of mainland origin in the southeastern Pacific Ocean. New Zealand does not have land or sea borders with any neighboring state. The name of the state comes from the name of the archipelago on which it is located, in turn, it gave the archipelago...
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The New Zealand dollar is the official currency of New Zealand. It has circulation, in particular on the islands of Niue, Cook, and Pitcairn.
This currency is very popular on exchange markets.
Like other dollar bills, one New Zealand dollar is equal to 100 cents. The monetary unit is directly dependent on the development of imports and exports in the country, as well as on economic and trade relations. The New Zealand dollar can be called a commodity currency. The following denominations are used in circulation: 5, 10, 20, 50 and 100. The remaining coins are in denominations of 5, 10, 20, 50 cents. 1 and 2 dollars are issued in metal. The main feature of large bills is that they are made of thin plastic, and paper is not used for printing. The exchange rate of the New Zealand currency against the dollar is 1 to 2.45. The country itself is relatively expensive. Exchange offices are open almost every day, but on weekends and holidays they...
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The New Zealand dollar is the currency of New Zealand, Niue, the Cook Islands, Tokelau and Pitcairn. 1 dollar = 100 cents.
Story
New Zealand's first paper money was British pounds sterling, which were in circulation during the country's colonial rule (1840). After New Zealand acquired the status of a Kingdom, the New Zealand pound became the main currency. Money is printed by the Reserve Bank of New Zealand, created in 1934. And on July 10, 1967, the New Zealand dollar was declared the official currency of the state. Pounds were exchanged for dollars at a rate of 1:2.
The New Zealand dollar is simply called the "kiwi", it has high degree protection against counterfeiting, and is also very wear-resistant, as it is made of thin polymer plastic.
Banknotes
Banknotes in denominations of 5, 10, 20, 50, 100 NZ$ were issued. Each banknote has its own design. For example, on the front side of the five dollar bill there is a picture of a scientist...
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Story
The New Zealand dollar is National currency New Zealand and its islands: Cook Islands, Niue, Tokelau and Pitcairn Island. The New Zealand dollar is one of the eight major currencies of the international foreign exchange market forex. The currency has the currency symbol NZD and the symbol NZ$. One New Zealand dollar is equal to 100 cents. New Zealand's economy is export-oriented, so the New Zealand dollar depends on many commodity groups and is a commodity currency.
In New Zealand, the official New Zealand currency is called the New Zealand dollar. The New Zealand dollar has an international symbol - NZD. One New Zealand dollar is equal to 100 cents. Throughout the country, New Zealand's currency is represented by banknotes in denominations of NZD 5, NZD 10, NZD 20, NZD 50 and NZD 100, as well as coins in denominations of 5, 10, 20, 50 cents, 1 and 2 dollars. Since 1999, for the production of New Zealand currency banknotes, not paper, but special thin plastic has been used.
New Zealand banks are open Monday to Friday from 09.00 to 16.30. New Zealand currency can be exchanged at airports, New Zealand bank branches and specialized New Zealand exchange offices. To a small extent, the exchange rate of the New Zealand dollar may vary slightly from place to place. Credit cards from the world's leading systems and traveler's checks are accepted everywhere. American Express credit cards are best serviced in specialized offices of this company.
Money in New Zealand can be exchanged directly at the airport
Traveler's checks are exchanged at the official rate at New Zealand banks, large hotels and some shops. To avoid additional expenses when exchanging, in New Zealand it is recommended to use traveler's checks in US dollars, pounds sterling or Australian dollars. Exchange is also carried out at New Zealand ATMs, but the New Zealand dollar exchange rate here is usually less favorable than in New Zealand banks. Tips make up 5-10% of the bill in a restaurant, but in provincial establishments they usually do not take tips. The import and export of foreign and New Zealand currency is not limited, but a declaration is required if the amount exceeds NZD 10,000.
In New Zealand there are no restrictions on the amount of currency you can import or export, however, if you are carrying the equivalent of 10 thousand NZD or more in cash, you must declare this money to New Zealand customs. Bank cards Paying in New Zealand is as easy as paying in cash: it is accepted everywhere. Cards are in circulation payment systems Visa, MasterCard, AmericanExpress, DinnersClub, as well as the local EFTPOS system. Credit cards made using Smart Card technology (with an electronic chip instead of a magnetic stripe) are also accepted for payment throughout New Zealand.
IN New Zealand The official New Zealand currency is called the New Zealand dollar. New Zealand The dollar has an international symbol - NZD. One New Zealand dollar is equal to 100 cents.
Currency in the country New Zealand represented by banknotes in denominations of 5 New Zealand dollars, 10 New Zealand dollars, 20 New Zealand dollars, 50 New Zealand dollars and 100 New Zealand dollars, as well as coins face value in 5, 10, 20, 50 cents, 1 and 2 dollars.
In New Zealand the New Zealand dollar is used. 1 USD is equal to 1.64 NZD. Exchange American dollars or euros you can at any bank. They are open from 9:00 to 16:30, except Saturday and Sunday. Travel checks can be exchanged not only in banks, but also in large hotels and restaurants.
Since 1999, the New Zealand currency has not been used for the production of banknotes. paper, but a special thin plastic. New Zealand banks work from Monday to Friday from 09.00 to 16.30.
Currency New Zealand can be exchanged at airports, branches of New Zealand banks and specialized New Zealand exchange offices. IN insignificant the exchange rate of the New Zealand dollar in different places may slightly change.
Credit cards from the world's leading systems and road checks are processed everywhere. Credit cards American Express It is best served in specialized offices of this company.
Form of government: Constitutional monarchy
Geographical location: New Zealand is located in the southwest Pacific Ocean. The North and South Islands, which are part of the state, are separated by the Cook Strait. Australia is located northwest of New Zealand, separated by the Tasman Sea. Washed by the Pacific Ocean.
Territory: 268,680 sq km
Population (2010 estimate) 4 million 377 thousand people.
Capital: Wellington
Largest city: Auckland
Official languages: English, Maori and New Zealand Sign Language (almost the entire population of New Zealand uses English, but for New Zealanders, learning Maori is a compulsory subject in school. New Zealand Sign Language is used by deaf people).
Religion: About half of New Zealand's population is Christian (mostly Catholic)
Currency: New Zealand dollar (NZD)
Telephone code: +64
Time: in New Zealand 7 hours later than in Moscow
Climate: New Zealand is in a temperate climate zone (except for the northern part of the North Island, which is in the subtropical zone). In Auckland in January the temperature rises to +23 degrees, and in July drops to +13 degrees. In the center of the country in Wellington, the temperature is lower; in summer there is usually no more than +20 degrees, and in winter about +7.
Tourist checks exchange at the official rate in New Zealand banks, large hotels and some shops.
To to avoid additional costs for exchange, in New Zealand recommended to use tourist checks in US dollars, pounds sterling or Australian dollars. The exchange is made in New Zealand ATMs, but the rate New Zealand The dollar here is usually less profitable than in New Zealand banks.
Tips make up 5-10% of the bill in a restaurant, but not in provincial establishments tips usually they don't take it.
Import and export foreign and the New Zealand currency is not limited, but this requires declaration, if the amount exceeds NZD 10,000.