Introduced in 1840, the New Zealand Pound was the first official currency of New Zealand. Until that point, both British and Australian coins circulated in New Zealand, and continued to do so until 1897. The Pound banknotes were produced by the six different trading banks until 1924, when a single uniform design was implemented. A decade later, the Reserve Bank of New Zealand was established.
Currency Information
Currency: | New Zealand Dollar |
Currency code: | NZD |
Currency symbol: | $ |
Bank notes: | $5, $10, $20, $50, $100 |
Coins: | 10 cents, 20 cents, 50 cents, $1, $2 |
Daily Cost
Three-course meal for 2, mid-range restaurant | 90 Dollar | |
One-way ticket for local transport | 3.5 Dollar | |
Bottle of water | 2.7 Dollar |