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The New Zealand Dollar (NZD) acts as the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. It is issued by the Reserve Bank of New Zealand. The NZD is subdivided into 100 cents, and its symbol is $, or NZ$.
Symbol | $ |
Nicknames | New Zealand dollar |
ISO 4217 code | NZD |
Country Name | New Zealand |
Country Code | 64 |
Price in USD | 1.69 |
Countries using this currency | New Zealand, Niue, Tokelau, Pitcairn Islands |
Introduced in 1967, the New Zealand dollar serves as the official currency of New Zealand. It is abbreviated with the dollar sign ($), but variations like $NZ or NZ$ are used outside New Zealand to differentiate it from other dollar-denominated currencies.
The NZD is divided into 100 cents. The New Zealand currency has five coins and five banknotes, with the smallest being the 10-cent coin. However, the smallest denominations have been abandoned because of inflation and production costs.
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