New Zealand dollar : Ask Biography

Currency

Local name

Tāra o Aotearoa (Māori)

ISO 4217 Code

NZD

Official user

New Zealand 5 territories
title=5 territories
Cook Islands (New Zealand), alongside Cook Islands dollar
Niue (New Zealand)
Pitcairn Islands (UK)
New Zealand Ross Dependency (New Zealand)
Tokelau Tokelau (New Zealand)

Inflation

4.5% (New Zealand only)

ERM

Pegged by

Cook Islands dollar at par

Subunit

1/100

cent

Symbol

Coins and Banknotes

Central bank

Reserve Bank of New Zealand

Printer

Note Printing Australia (provides base polymer note material)

Home | Currency | New Zealand dollar

The New Zealand dollar (sign: $; code: NZD) is the currency of New Zealand. It also circulates in the Cook Islands (see also Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands. It is divided into 100 cents.

It is normally written with the dollar sign $, or NZ$ to distinguish it from other dollar-denominated currencies. In the context of currency trading, it is often informally called the "Kiwi", since kiwi are commonly associated with New Zealand and the $1 coin depicts a kiwi. It is one of the 10 most-traded currencies in the world being approximately 1.6% of global foreign exchange market daily turnover in 2010. (see Global Foreign Exchange Market section below)