Как пишется новозеландский доллар

From Wikipedia, the free encyclopedia

New Zealand dollar

  • New Zealand dollar (English)
  • tāra o Aotearoa (Māori)

$NZ[1]

NZ one dollar reverse.jpg

$1 coin reverse, depicting the bird the Kiwi, from where the currency gets its informal name, the Kiwi dollar

ISO 4217
Code NZD (numeric: 554)
Subunit 0.01
Unit
Unit dollar
Symbol $
Nickname kiwi
Denominations
Subunit
1100 cent
Symbol
 cent c
Banknotes
 Freq. used $5, $10, $20, $50, $100
$1, $2
Coins
 Freq. used 10c, 20c, 50c, $1, $2
Demographics
Date of introduction July 10, 1967; 55 years ago
Replaced New Zealand pound
User(s)  New Zealand

4 New Zealand dependent territories

  •  Cook Islands
  •  Niue
  •  Tokelau
  •  Ross Dependency

1 British Overseas Territory

  •  Pitcairn Islands
Issuance
Central bank Reserve Bank of New Zealand
 Website www.rbnz.govt.nz
Printer Note Printing Australia (provides base polymer note material)
 Website www.noteprinting.com
Mint Primarily Royal Canadian Mint and Royal Mint (UK), others previously
Valuation
Inflation 1.5% (New Zealand only)
 Source Reserve Bank of New Zealand, August 2020
Pegged by Cook Islands dollar, Niue dollar and Pitcairn Islands dollar (all at par)

The New Zealand dollar (Māori: tāra o Aotearoa; sign: $, NZ$; code: NZD) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands.[2] Within New Zealand, it is almost always abbreviated with the dollar sign ($). «$NZ»[1] or «NZ$» are sometimes used when necessary to distinguish it from other dollar-denominated currencies.

Introduced in 1967, the dollar is subdivided into 100 cents. Altogether it has five coins and five banknotes with the smallest being the 10-cent coin; smaller denominations have been discontinued due to inflation and production costs.

In the context of currency trading, the New Zealand dollar is sometimes informally called the «Kiwi» or «Kiwi dollar»,[3] since the flightless bird, the kiwi, is depicted on its one-dollar coin. It is the tenth most traded currency in the world, representing 2.1% of global foreign exchange market daily turnover in 2019.[4]

History[edit]

Introduction[edit]

Prior to the introduction of the New Zealand dollar in 1967, the New Zealand pound was the currency of New Zealand, which had been distinct from the pound sterling since 1933.[5] The pound used the £sd system, in which the pound was divided into 20 shillings and one shilling was divided into 12 pence, a system which by the 1950s was considered complicated and cumbersome.

Switching to decimal currency had been proposed in New Zealand since the 1930s, although only in the 1950s did any plans come to fruition.[6] In 1957, a committee was set up by the Government to investigate decimal currency. The idea fell on fertile ground, and in 1963, the Government decided to decimalise New Zealand currency.[7] The Decimal Currency Act was passed in 1964, setting the date of transition to 10 July 1967.[8] Words such as «fern», «kiwi» and «zeal» were proposed to avoid confusion with the word «dollar», which many people associate with the United States dollar.[9][10] In the end, the word «dollar» was chosen anyway, and an anthropomorphic dollar note cartoon character called «Mr. Dollar» became the symbol of transition in a huge publicity campaign.[11]

On Monday 10 July 1967 («Decimal Currency Day»), the New Zealand dollar was introduced to replace the pound at a rate of two dollars to one pound (one dollar to ten shillings, ten cents to one shilling, 56 cent to a penny).[12] Some 27 million new banknotes were printed and 165 million new coins were minted for the changeover.[9]

Exchange rate[edit]

The New Zealand dollar was initially pegged to both the British pound sterling and the United States dollar at NZ$1 = UK£12 = US$1.40. On 21 November 1967 sterling was devalued from UK£1 = US$2.80 to US$2.40 (see Bretton Woods system), but the New Zealand dollar was devalued even more from NZ$1 = US$1.40 to US$1.12, to match the value of the Australian dollar.[13]

In 1971 the US devalued its dollar relative to gold, leading New Zealand on 23 December to peg its dollar at US$1.216 with a 4.5% fluctuation range, keeping the same gold value. From 9 July 1973 to 4 March 1985 the dollar’s value was determined from a trade-weighted basket of currencies.

On 4 March 1985, the NZ$ was floated at the initial rate of US$0.4444. Since then the dollar’s value has been determined by the financial markets, and has been in the range of about US$0.39 to 0.88.

The dollar’s post-float low was US$0.3922 on 22 November 2000, and it reached a post-float high on 9 July 2014 of US$0.8821. Much of this medium-term variation in the exchange rate has been attributed to differences in interest rates.[citation needed]

The New Zealand dollar is among the 10 most-traded currencies.[4]

On 11 June 2007 the Reserve Bank sold an unknown worth of New Zealand dollars for nine billion USD in an attempt to drive down its value. This is the first intervention in the markets by the Bank since the float in 1985.

Two suspected interventions followed, but they were not as successful as the first: the first appeared to be initially effective, with the dollar dropping to approximately US$0.7490 from near US$0.7620. However, within little more than a month it had risen to new post-float highs, reaching US$0.8103 on 23 July 2007.

After reaching its post-float record high in early 2008, the value of the NZ$ plummeted throughout much of the 2nd half of 2008 and the first quarter of 2009 as a response to the global economic downturn and flight by investors away from «riskier» currencies such as the NZ$. The NZ$ bottomed out at approximately US$0.50 on 6 March 2009.[14] However, it rebounded strongly as the year progressed, reaching the US$0.75 range by November 2009.[14]

By late 2012, the dollar was holding above 80 US cents, occasionally reaching 85¢, prompting calls from the Green Party for quantitative easing.[15][16] Unions also called on the Government and the Reserve Bank to take action, but as of February 2013 both had declined.[17]

As of early June 2017, the NZD was trading at approximately US$0.71, and in early November 2019 it was valued as US$0.63 = NZ$1.[18]

Coins[edit]

History[edit]

On the introduction of the dollar, coins came in denominations of 1c, 2c, 5c, 10c, 20c, and 50c. The 1c and 2c coins were bronze, the others were cupro-nickel.[19] To ease transition, the 5c, 10c, and 20c were the same size as the sixpence, shilling and florin that they respectively replaced, and until 1970, the ten-cent coin bore the additional legend «One Shilling». The obverse designs of all the coins featured Arnold Machin’s portrait of Queen Elizabeth II, with the legend ELIZABETH II NEW ZEALAND [date]. The reverse sides of coins introduced in 1967 did not follow the designs that were originally intended for them. Those modern art and sculpture themed designs were leaked to a newspaper and met a very negative public reaction. The final releases were given more conservative designs in line with public expectations.

In 1986, New Zealand adopted Raphael Maklouf’s new portrait of the Queen. The 1c and 2c coins were last minted for circulation in 1987, with collector coins being made for 1988. The coins were demonetised on 30 April 1990.[19] The lack of 1c and 2c coins meant that cash transactions were normally rounded to the nearest 5c (10c from 2006), a process known as Swedish rounding.

On 11 February 1991, aluminium-bronze $1 and $2 coins were introduced to replace existing $1 and $2 notes.[19] In 1999, Ian Rank-Broadley’s portrait of the Queen was introduced and the legend rearranged to read «NEW ZEALAND ELIZABETH II«.

On 11 November 2004 the Reserve Bank announced that it proposed to take the 5c coin out of circulation and to make the 50c, 20c and 10c coins smaller and use plated steel to make them lighter. After a three-month public submission period that ended on 4 February 2005, the Reserve Bank announced on 31 March that it would go ahead with the proposed changes. The changeover period started on 31 July 2006, with the old coins usable until 31 October 2006.[19] The old 50c, 20c, 10c and 5c pieces are now no longer legal tender, but are still redeemable at the Reserve Bank. Prior to the change over, these coins were similar, save for the legend and reverse artwork, to international (mainly Commonwealth) coins of the same British-derived sizes, which led to coins from other currencies, particularly older coins, being accepted by vending machines and many retailers.

On 23 March 2015, the Reserve Bank of New Zealand issued its first commemorative circulating coin to mark the centenary of the Gallipoli landings. The coin was also New Zealand’s first colour circulating coin. One million coins, with a denomination of 50c, were minted.[20]

On 1 October 2018 the Reserve Bank of New Zealand issued its second commemorative circulating coin to mark the centenary of Armistice day. The coin was also New Zealand’s second colour circulating coin. Two million coins, with a denomination of 50c, were minted.[21]

Current circulating coins[edit]

The reverse designs of the current circulating New Zealand dollar coins. Image by Reserve Bank of New Zealand.

Value Technical Parameters Description Date of issue
Diameter Thickness Mass Composition Edge Obverse Reverse
10c 20.50 mm 1.58 mm 3.30 g Copper-plated steel Plain Queen Elizabeth II A Māori koruru, or carved head 31 July 2006
20c 21.75 mm 1.56 mm 4.00 g Nickel-plated steel «Spanish flower» Queen Elizabeth II Māori carving of Pukaki, a chief of the Ngati Whakaue iwi between traditional koru kowhaiwhai patterns[22] 31 July 2006
50c 24.75 mm 1.70 mm 5.00 g Plain HM Bark Endeavour and Mount Taranaki
$1 23.00 mm 2.74 mm 8 g Aluminium bronze Intermittent milling Queen Elizabeth II Kiwi and silver fern 11 February 1991
$2 26.50 mm 2.70 mm 10 g Grooved Kotuku (great egret)

Future[edit]

After the death of Queen Elizabeth II in September 2022, the Reserve Bank said it would exhaust its existing coin stocks before introducing new coins featuring King Charles III. Based on current stock levels, this would likely be several years away.[23]

Banknotes[edit]

History[edit]

In 1967, notes were introduced in denominations of $1, $2, $5, $10, $20 and $100, with all except the $5 replacing their pound predecessors. The original series of dollar notes featured on the obverse a portrait of Queen Elizabeth II wearing Queen Alexandra’s Kokoshnik tiara, King George’s VI festoon necklace, and Queen Mary’s floret earrings, while the reverse featured native birds and plants.[24] The notes were changed slightly in 1981 due to a change of printer (from De La Rue to Bradbury, Wilkinson & Co.)—the most noticeable difference being the portrait based upon a photograph by Peter Grugeon, in which Queen Elizabeth II is wearing Grand Duchess Vladimir’s tiara and Queen Victoria’s golden jubilee necklace.[24] The $50 note was added in 1983 to fill the long gap between the $20 and the $100 notes. $1 and $2 notes were discontinued in 1991 after being replaced with coins.

A new series of notes, known as Series 5 was introduced in 1992. The obverse of each note featured a notable New Zealander, while the reverse featured a native New Zealand bird and New Zealand scenery. The Queen remained on the $20 note. In 1999, series 6 polymer notes replaced the paper notes. The designs remained much the same, but were changed slightly to accommodate new security features, with the most obvious changes being the two transparent windows.

In 2015–16, new Series 7 notes were issued,[25] refreshing the note design and improving security features. As of 2021, Series 6 and 7 notes are currently legal tender.[26]

In September 2022, following the death of Queen Elizabeth II, the Reserve Bank said it would exhaust its existing stocks of $20 notes before introducing new notes featuring King Charles III.[23]

Current circulating banknotes[edit]

Value Dimensions Main Colour Description Date of issue
Obverse Reverse Watermark
Series 6
$5 135 mm × 66 mm Orange Sir Edmund Hillary
Aoraki / Mount Cook
Massey Ferguson tractor
Hoiho (yellow-eyed penguin)
Campbell Island scene
Queen Elizabeth II 1999
$10 140 mm × 68 mm Blue Kate Sheppard
White camellia flowers
Whio (blue duck)
River scene
Queen Elizabeth II 1999
$20 145 mm × 70 mm Green Queen Elizabeth II
New Zealand Parliament Buildings
Kārearea (New Zealand falcon)
New Zealand alpine scene
Queen Elizabeth II 1999
$50 150 mm × 72 mm Purple Sir Āpirana Ngata
Porourangi Meeting House
Kōkako (blue wattled crow)
Conifer broadleaf forest scene
Queen Elizabeth II 1999
$100 155 mm × 74 mm Red Lord Rutherford of Nelson
Nobel Prize medal
Mohua (yellowhead)
Beech forest scene
Queen Elizabeth II 1999
Series 7
$5 135 mm × 66 mm Orange Sir Edmund Hillary
Aoraki / Mount Cook
Kaokao patterning
Hoiho (yellow-eyed penguin)
Campbell Island
Campbell Island Daisy
The number 5 2015
$10 140 mm × 68 mm Blue Kate Sheppard
White camellia flowers
Mangaroa (purapura whetu) patterning
Whio (blue duck) with ducklings
Pineapple scrub
New Zealand kiokio
The number 10 2015
$20 145 mm × 70 mm Green Queen Elizabeth II
New Zealand Parliament Buildings
Poutama patterning
Kārearea (New Zealand falcon)
Tapuae-o-Uenuku/Mount Tapuaenuku
Marlborough rock daisy
The number 20 2016
$50 150 mm × 72 mm Purple Sir Āpirana Ngata
Porourangi Meeting House
Poutama patterning
Kōkako (blue wattled crow)
Pureora Forest Park
Sky-blue mushroom
The number 50 2016
$100 155 mm × 74 mm Red Lord Rutherford of Nelson
Nobel Prize medal
Whakaaro Kotahi patterning
Mohua (yellowhead)
South Island lichen moth (Declana egregia)
Eglinton Valley (in Fiordland National Park)
The number 100 2016

In foreign exchange markets[edit]

History[edit]

With the breakdown of the Bretton Woods system in 1971, both Australia and New Zealand converted the mostly-fixed foreign exchange regimes to a moving peg against the US dollar. In September 1974, Australia moved to a peg against a basket of currencies called the trade weighted index (TWI) in an effort to reduce fluctuations associated with its peg to the US dollar. The peg to the TWI was changed to a moving peg in November 1976, causing the actual value of the peg to be periodically adjusted.[27]

Since the late 1990s, and certainly since the end of the Cold War the US dollar has had less and less overall influence over the value of both the NZ$ and A$ against other currencies.[citation needed]

Current exchange rates[edit]

Current NZD exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY

In currency trading[edit]

The New Zealand dollar contributes greatly to the total global exchange market—far in excess of New Zealand’s relative share of population or global GDP.

According to the Bank for International Settlements, the New Zealand dollar’s share of global foreign exchange market daily turnover in 2016 was 2.1% (up from 1.6% in 2010) giving it a rank of 11th.[28] Trading in the currency has climbed steadily since the same survey in 1998 when the NZD’s ranking was 17th and the share of turnover was just 0.2%.

See also[edit]

  • Australian dollar
  • Cook Islands dollar
  • Economy of New Zealand
  • History of Chatham Islands numismatics
  • Kauri bond
  • Pitcairn Islands dollar
  • Postal orders of New Zealand

Notes[edit]

  1. ^ The total sum is 200% because each currency trade always involves a currency pair; one currency is sold (e.g. US$) and another bought (€). Therefore each trade is counted twice, once under the sold currency ($) and once under the bought currency (€). The percentages above are the percent of trades involving that currency regardless of whether it is bought or sold, e.g. the US dollar is bought or sold in 88% of all trades, whereas the euro is bought or sold 32% of the time.

References[edit]

  1. ^ a b «World Bank Style Guide» (PDF). World Bank. pp. 134–137.
  2. ^ «New Zealand Dollar (NZD) Profile | Foreign Exchange Conversion — Money Calculator». currency7.com. Retrieved 6 February 2017.
  3. ^ Jazial Crossley (12 March 2012). «Currency | Kiwi Follows Aussie Dollar Down». Stuff.co.nz. Retrieved 23 May 2012.
  4. ^ a b «Foreign exchange turnover in April 2019». 16 September 2019.
  5. ^ Pollock, Kerryn (20 June 2012). «Coins and banknotes — A national currency, 1930s to 1960s». Te Ara: The Encyclopedia of New Zealand. Retrieved 10 May 2020.
  6. ^ Pollock, Kerryn (20 June 2012). «Coins and banknotes — Decimal currency, 1960s to 2000s». Te Ara: The Encyclopedia of New Zealand. Retrieved 10 May 2020.
  7. ^ «Explaining New Zealand’s currency» (PDF). Reserve Bank of New Zealand. Archived from the original (PDF) on 12 July 2013. Retrieved 17 August 2010.
  8. ^ «Decimal Currency Act 1964 No 27 (as at 01 February 1990), Public Act Contents – New Zealand Legislation». www.legislation.govt.nz. Retrieved 6 February 2017.
  9. ^ a b «New Zealand adopts decimal currency». nzhistory.govt.nz. Ministry for Culture and Heritage. 10 January 2017. Retrieved 6 February 2017.
  10. ^ «New Zealand dollar». Global Exchange. Retrieved 6 February 2017.
  11. ^ The Film Archive. «Decimal Currency, Mr. Dollar». Archived from the original on 3 August 2012. Retrieved 8 March 2012.
  12. ^ New Zealand official yearbook. Vol. 72. New Zealand Department of Statistics. 1967. p. 1126.
  13. ^ Global Financial Data. «New Zealand Dollar (USD per NZD)». Archived from the original on 29 September 2007. Retrieved 21 May 2007.
  14. ^ a b 23, 8 May:00PM GMT. «New Zealand Dollar: CURRENCY:NZD quotes & news — Google Finance». Retrieved 23 May 2012.
  15. ^ «Greens call for quantitative easing». 3 News NZ. 7 October 2012.
  16. ^ «Labour sees merit in Green call to print cash». The New Zealand Herald. 8 October 2012.
  17. ^ «Govt rejects call to print money». 3 News NZ. 27 October 2012.
  18. ^ «Historical Rates Tables — NZD | Xe».
  19. ^ a b c d History of New Zealand Coinage Archived 23 January 2009 at the Wayback Machine, Reserve Bank of New Zealand. Accessed 4 April 2009.
  20. ^ «ANZAC Circulating Commemorative Coin». Reserve Bank of New Zealand.
  21. ^ «Armistice Day Coin». Reserve Bank of New Zealand.
  22. ^ Tim Watkin, Figure of unity, NZ Listener, 13–19 November 2004, Vol 196, No 3366. Accessed 14 June 2007.
  23. ^ a b Edmunds, Susan (9 September 2022). «What happens now to New Zealand’s coins and bank notes?». Stuff. Retrieved 12 September 2022.
  24. ^ a b Linzmayer, Owen (2012). «New Zealand». The Banknote Book. San Francisco, CA: BanknoteNews.com.
  25. ^ «Issuing series 7 — Reserve Bank of New Zealand». RBNZ. Retrieved 5 March 2022.
  26. ^ «Banknotes in circulation — Reserve Bank of New Zealand». RBNZ. Retrieved 5 March 2022.
  27. ^ Sullivan, Richard (March 2013). «New Zealand History of Monetary and Exchange Rate Regimes» (PDF). Reserve Bank of New Zealand. Retrieved 24 September 2022.
  28. ^ «Triennial Central Bank Survey, April 2013» (PDF). Triennial Central Bank Survey. Bank for International Settlements. Retrieved 25 March 2014. [pg.10 of PDF]
  29. ^ «Triennial Central Bank Survey Foreign exchange turnover in April 2022» (PDF). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 27 October 2022. Retrieved 29 October 2022.

External links[edit]

  • ANZ New Zealand – View the current exchange rate graphs of NZ$/inr
  • Reserve bank of New Zealand – Money issuing Authority
  • Historical New Zealand Trading bank notes – Old extremely rare banknotes of New Zealand
  • Images of historic and modern New Zealand bank notes
  • Current and historical banknotes of New Zealand (in English and German)

From Wikipedia, the free encyclopedia

New Zealand dollar

  • New Zealand dollar (English)
  • tāra o Aotearoa (Māori)

$NZ[1]

NZ one dollar reverse.jpg

$1 coin reverse, depicting the bird the Kiwi, from where the currency gets its informal name, the Kiwi dollar

ISO 4217
Code NZD (numeric: 554)
Subunit 0.01
Unit
Unit dollar
Symbol $
Nickname kiwi
Denominations
Subunit
1100 cent
Symbol
 cent c
Banknotes
 Freq. used $5, $10, $20, $50, $100
$1, $2
Coins
 Freq. used 10c, 20c, 50c, $1, $2
Demographics
Date of introduction July 10, 1967; 55 years ago
Replaced New Zealand pound
User(s)  New Zealand

4 New Zealand dependent territories

  •  Cook Islands
  •  Niue
  •  Tokelau
  •  Ross Dependency

1 British Overseas Territory

  •  Pitcairn Islands
Issuance
Central bank Reserve Bank of New Zealand
 Website www.rbnz.govt.nz
Printer Note Printing Australia (provides base polymer note material)
 Website www.noteprinting.com
Mint Primarily Royal Canadian Mint and Royal Mint (UK), others previously
Valuation
Inflation 1.5% (New Zealand only)
 Source Reserve Bank of New Zealand, August 2020
Pegged by Cook Islands dollar, Niue dollar and Pitcairn Islands dollar (all at par)

The New Zealand dollar (Māori: tāra o Aotearoa; sign: $, NZ$; code: NZD) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands.[2] Within New Zealand, it is almost always abbreviated with the dollar sign ($). «$NZ»[1] or «NZ$» are sometimes used when necessary to distinguish it from other dollar-denominated currencies.

Introduced in 1967, the dollar is subdivided into 100 cents. Altogether it has five coins and five banknotes with the smallest being the 10-cent coin; smaller denominations have been discontinued due to inflation and production costs.

In the context of currency trading, the New Zealand dollar is sometimes informally called the «Kiwi» or «Kiwi dollar»,[3] since the flightless bird, the kiwi, is depicted on its one-dollar coin. It is the tenth most traded currency in the world, representing 2.1% of global foreign exchange market daily turnover in 2019.[4]

History[edit]

Introduction[edit]

Prior to the introduction of the New Zealand dollar in 1967, the New Zealand pound was the currency of New Zealand, which had been distinct from the pound sterling since 1933.[5] The pound used the £sd system, in which the pound was divided into 20 shillings and one shilling was divided into 12 pence, a system which by the 1950s was considered complicated and cumbersome.

Switching to decimal currency had been proposed in New Zealand since the 1930s, although only in the 1950s did any plans come to fruition.[6] In 1957, a committee was set up by the Government to investigate decimal currency. The idea fell on fertile ground, and in 1963, the Government decided to decimalise New Zealand currency.[7] The Decimal Currency Act was passed in 1964, setting the date of transition to 10 July 1967.[8] Words such as «fern», «kiwi» and «zeal» were proposed to avoid confusion with the word «dollar», which many people associate with the United States dollar.[9][10] In the end, the word «dollar» was chosen anyway, and an anthropomorphic dollar note cartoon character called «Mr. Dollar» became the symbol of transition in a huge publicity campaign.[11]

On Monday 10 July 1967 («Decimal Currency Day»), the New Zealand dollar was introduced to replace the pound at a rate of two dollars to one pound (one dollar to ten shillings, ten cents to one shilling, 56 cent to a penny).[12] Some 27 million new banknotes were printed and 165 million new coins were minted for the changeover.[9]

Exchange rate[edit]

The New Zealand dollar was initially pegged to both the British pound sterling and the United States dollar at NZ$1 = UK£12 = US$1.40. On 21 November 1967 sterling was devalued from UK£1 = US$2.80 to US$2.40 (see Bretton Woods system), but the New Zealand dollar was devalued even more from NZ$1 = US$1.40 to US$1.12, to match the value of the Australian dollar.[13]

In 1971 the US devalued its dollar relative to gold, leading New Zealand on 23 December to peg its dollar at US$1.216 with a 4.5% fluctuation range, keeping the same gold value. From 9 July 1973 to 4 March 1985 the dollar’s value was determined from a trade-weighted basket of currencies.

On 4 March 1985, the NZ$ was floated at the initial rate of US$0.4444. Since then the dollar’s value has been determined by the financial markets, and has been in the range of about US$0.39 to 0.88.

The dollar’s post-float low was US$0.3922 on 22 November 2000, and it reached a post-float high on 9 July 2014 of US$0.8821. Much of this medium-term variation in the exchange rate has been attributed to differences in interest rates.[citation needed]

The New Zealand dollar is among the 10 most-traded currencies.[4]

On 11 June 2007 the Reserve Bank sold an unknown worth of New Zealand dollars for nine billion USD in an attempt to drive down its value. This is the first intervention in the markets by the Bank since the float in 1985.

Two suspected interventions followed, but they were not as successful as the first: the first appeared to be initially effective, with the dollar dropping to approximately US$0.7490 from near US$0.7620. However, within little more than a month it had risen to new post-float highs, reaching US$0.8103 on 23 July 2007.

After reaching its post-float record high in early 2008, the value of the NZ$ plummeted throughout much of the 2nd half of 2008 and the first quarter of 2009 as a response to the global economic downturn and flight by investors away from «riskier» currencies such as the NZ$. The NZ$ bottomed out at approximately US$0.50 on 6 March 2009.[14] However, it rebounded strongly as the year progressed, reaching the US$0.75 range by November 2009.[14]

By late 2012, the dollar was holding above 80 US cents, occasionally reaching 85¢, prompting calls from the Green Party for quantitative easing.[15][16] Unions also called on the Government and the Reserve Bank to take action, but as of February 2013 both had declined.[17]

As of early June 2017, the NZD was trading at approximately US$0.71, and in early November 2019 it was valued as US$0.63 = NZ$1.[18]

Coins[edit]

History[edit]

On the introduction of the dollar, coins came in denominations of 1c, 2c, 5c, 10c, 20c, and 50c. The 1c and 2c coins were bronze, the others were cupro-nickel.[19] To ease transition, the 5c, 10c, and 20c were the same size as the sixpence, shilling and florin that they respectively replaced, and until 1970, the ten-cent coin bore the additional legend «One Shilling». The obverse designs of all the coins featured Arnold Machin’s portrait of Queen Elizabeth II, with the legend ELIZABETH II NEW ZEALAND [date]. The reverse sides of coins introduced in 1967 did not follow the designs that were originally intended for them. Those modern art and sculpture themed designs were leaked to a newspaper and met a very negative public reaction. The final releases were given more conservative designs in line with public expectations.

In 1986, New Zealand adopted Raphael Maklouf’s new portrait of the Queen. The 1c and 2c coins were last minted for circulation in 1987, with collector coins being made for 1988. The coins were demonetised on 30 April 1990.[19] The lack of 1c and 2c coins meant that cash transactions were normally rounded to the nearest 5c (10c from 2006), a process known as Swedish rounding.

On 11 February 1991, aluminium-bronze $1 and $2 coins were introduced to replace existing $1 and $2 notes.[19] In 1999, Ian Rank-Broadley’s portrait of the Queen was introduced and the legend rearranged to read «NEW ZEALAND ELIZABETH II«.

On 11 November 2004 the Reserve Bank announced that it proposed to take the 5c coin out of circulation and to make the 50c, 20c and 10c coins smaller and use plated steel to make them lighter. After a three-month public submission period that ended on 4 February 2005, the Reserve Bank announced on 31 March that it would go ahead with the proposed changes. The changeover period started on 31 July 2006, with the old coins usable until 31 October 2006.[19] The old 50c, 20c, 10c and 5c pieces are now no longer legal tender, but are still redeemable at the Reserve Bank. Prior to the change over, these coins were similar, save for the legend and reverse artwork, to international (mainly Commonwealth) coins of the same British-derived sizes, which led to coins from other currencies, particularly older coins, being accepted by vending machines and many retailers.

On 23 March 2015, the Reserve Bank of New Zealand issued its first commemorative circulating coin to mark the centenary of the Gallipoli landings. The coin was also New Zealand’s first colour circulating coin. One million coins, with a denomination of 50c, were minted.[20]

On 1 October 2018 the Reserve Bank of New Zealand issued its second commemorative circulating coin to mark the centenary of Armistice day. The coin was also New Zealand’s second colour circulating coin. Two million coins, with a denomination of 50c, were minted.[21]

Current circulating coins[edit]

The reverse designs of the current circulating New Zealand dollar coins. Image by Reserve Bank of New Zealand.

Value Technical Parameters Description Date of issue
Diameter Thickness Mass Composition Edge Obverse Reverse
10c 20.50 mm 1.58 mm 3.30 g Copper-plated steel Plain Queen Elizabeth II A Māori koruru, or carved head 31 July 2006
20c 21.75 mm 1.56 mm 4.00 g Nickel-plated steel «Spanish flower» Queen Elizabeth II Māori carving of Pukaki, a chief of the Ngati Whakaue iwi between traditional koru kowhaiwhai patterns[22] 31 July 2006
50c 24.75 mm 1.70 mm 5.00 g Plain HM Bark Endeavour and Mount Taranaki
$1 23.00 mm 2.74 mm 8 g Aluminium bronze Intermittent milling Queen Elizabeth II Kiwi and silver fern 11 February 1991
$2 26.50 mm 2.70 mm 10 g Grooved Kotuku (great egret)

Future[edit]

After the death of Queen Elizabeth II in September 2022, the Reserve Bank said it would exhaust its existing coin stocks before introducing new coins featuring King Charles III. Based on current stock levels, this would likely be several years away.[23]

Banknotes[edit]

History[edit]

In 1967, notes were introduced in denominations of $1, $2, $5, $10, $20 and $100, with all except the $5 replacing their pound predecessors. The original series of dollar notes featured on the obverse a portrait of Queen Elizabeth II wearing Queen Alexandra’s Kokoshnik tiara, King George’s VI festoon necklace, and Queen Mary’s floret earrings, while the reverse featured native birds and plants.[24] The notes were changed slightly in 1981 due to a change of printer (from De La Rue to Bradbury, Wilkinson & Co.)—the most noticeable difference being the portrait based upon a photograph by Peter Grugeon, in which Queen Elizabeth II is wearing Grand Duchess Vladimir’s tiara and Queen Victoria’s golden jubilee necklace.[24] The $50 note was added in 1983 to fill the long gap between the $20 and the $100 notes. $1 and $2 notes were discontinued in 1991 after being replaced with coins.

A new series of notes, known as Series 5 was introduced in 1992. The obverse of each note featured a notable New Zealander, while the reverse featured a native New Zealand bird and New Zealand scenery. The Queen remained on the $20 note. In 1999, series 6 polymer notes replaced the paper notes. The designs remained much the same, but were changed slightly to accommodate new security features, with the most obvious changes being the two transparent windows.

In 2015–16, new Series 7 notes were issued,[25] refreshing the note design and improving security features. As of 2021, Series 6 and 7 notes are currently legal tender.[26]

In September 2022, following the death of Queen Elizabeth II, the Reserve Bank said it would exhaust its existing stocks of $20 notes before introducing new notes featuring King Charles III.[23]

Current circulating banknotes[edit]

Value Dimensions Main Colour Description Date of issue
Obverse Reverse Watermark
Series 6
$5 135 mm × 66 mm Orange Sir Edmund Hillary
Aoraki / Mount Cook
Massey Ferguson tractor
Hoiho (yellow-eyed penguin)
Campbell Island scene
Queen Elizabeth II 1999
$10 140 mm × 68 mm Blue Kate Sheppard
White camellia flowers
Whio (blue duck)
River scene
Queen Elizabeth II 1999
$20 145 mm × 70 mm Green Queen Elizabeth II
New Zealand Parliament Buildings
Kārearea (New Zealand falcon)
New Zealand alpine scene
Queen Elizabeth II 1999
$50 150 mm × 72 mm Purple Sir Āpirana Ngata
Porourangi Meeting House
Kōkako (blue wattled crow)
Conifer broadleaf forest scene
Queen Elizabeth II 1999
$100 155 mm × 74 mm Red Lord Rutherford of Nelson
Nobel Prize medal
Mohua (yellowhead)
Beech forest scene
Queen Elizabeth II 1999
Series 7
$5 135 mm × 66 mm Orange Sir Edmund Hillary
Aoraki / Mount Cook
Kaokao patterning
Hoiho (yellow-eyed penguin)
Campbell Island
Campbell Island Daisy
The number 5 2015
$10 140 mm × 68 mm Blue Kate Sheppard
White camellia flowers
Mangaroa (purapura whetu) patterning
Whio (blue duck) with ducklings
Pineapple scrub
New Zealand kiokio
The number 10 2015
$20 145 mm × 70 mm Green Queen Elizabeth II
New Zealand Parliament Buildings
Poutama patterning
Kārearea (New Zealand falcon)
Tapuae-o-Uenuku/Mount Tapuaenuku
Marlborough rock daisy
The number 20 2016
$50 150 mm × 72 mm Purple Sir Āpirana Ngata
Porourangi Meeting House
Poutama patterning
Kōkako (blue wattled crow)
Pureora Forest Park
Sky-blue mushroom
The number 50 2016
$100 155 mm × 74 mm Red Lord Rutherford of Nelson
Nobel Prize medal
Whakaaro Kotahi patterning
Mohua (yellowhead)
South Island lichen moth (Declana egregia)
Eglinton Valley (in Fiordland National Park)
The number 100 2016

In foreign exchange markets[edit]

History[edit]

With the breakdown of the Bretton Woods system in 1971, both Australia and New Zealand converted the mostly-fixed foreign exchange regimes to a moving peg against the US dollar. In September 1974, Australia moved to a peg against a basket of currencies called the trade weighted index (TWI) in an effort to reduce fluctuations associated with its peg to the US dollar. The peg to the TWI was changed to a moving peg in November 1976, causing the actual value of the peg to be periodically adjusted.[27]

Since the late 1990s, and certainly since the end of the Cold War the US dollar has had less and less overall influence over the value of both the NZ$ and A$ against other currencies.[citation needed]

Current exchange rates[edit]

Current NZD exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD KRW SGD JPY

In currency trading[edit]

The New Zealand dollar contributes greatly to the total global exchange market—far in excess of New Zealand’s relative share of population or global GDP.

According to the Bank for International Settlements, the New Zealand dollar’s share of global foreign exchange market daily turnover in 2016 was 2.1% (up from 1.6% in 2010) giving it a rank of 11th.[28] Trading in the currency has climbed steadily since the same survey in 1998 when the NZD’s ranking was 17th and the share of turnover was just 0.2%.

See also[edit]

  • Australian dollar
  • Cook Islands dollar
  • Economy of New Zealand
  • History of Chatham Islands numismatics
  • Kauri bond
  • Pitcairn Islands dollar
  • Postal orders of New Zealand

Notes[edit]

  1. ^ The total sum is 200% because each currency trade always involves a currency pair; one currency is sold (e.g. US$) and another bought (€). Therefore each trade is counted twice, once under the sold currency ($) and once under the bought currency (€). The percentages above are the percent of trades involving that currency regardless of whether it is bought or sold, e.g. the US dollar is bought or sold in 88% of all trades, whereas the euro is bought or sold 32% of the time.

References[edit]

  1. ^ a b «World Bank Style Guide» (PDF). World Bank. pp. 134–137.
  2. ^ «New Zealand Dollar (NZD) Profile | Foreign Exchange Conversion — Money Calculator». currency7.com. Retrieved 6 February 2017.
  3. ^ Jazial Crossley (12 March 2012). «Currency | Kiwi Follows Aussie Dollar Down». Stuff.co.nz. Retrieved 23 May 2012.
  4. ^ a b «Foreign exchange turnover in April 2019». 16 September 2019.
  5. ^ Pollock, Kerryn (20 June 2012). «Coins and banknotes — A national currency, 1930s to 1960s». Te Ara: The Encyclopedia of New Zealand. Retrieved 10 May 2020.
  6. ^ Pollock, Kerryn (20 June 2012). «Coins and banknotes — Decimal currency, 1960s to 2000s». Te Ara: The Encyclopedia of New Zealand. Retrieved 10 May 2020.
  7. ^ «Explaining New Zealand’s currency» (PDF). Reserve Bank of New Zealand. Archived from the original (PDF) on 12 July 2013. Retrieved 17 August 2010.
  8. ^ «Decimal Currency Act 1964 No 27 (as at 01 February 1990), Public Act Contents – New Zealand Legislation». www.legislation.govt.nz. Retrieved 6 February 2017.
  9. ^ a b «New Zealand adopts decimal currency». nzhistory.govt.nz. Ministry for Culture and Heritage. 10 January 2017. Retrieved 6 February 2017.
  10. ^ «New Zealand dollar». Global Exchange. Retrieved 6 February 2017.
  11. ^ The Film Archive. «Decimal Currency, Mr. Dollar». Archived from the original on 3 August 2012. Retrieved 8 March 2012.
  12. ^ New Zealand official yearbook. Vol. 72. New Zealand Department of Statistics. 1967. p. 1126.
  13. ^ Global Financial Data. «New Zealand Dollar (USD per NZD)». Archived from the original on 29 September 2007. Retrieved 21 May 2007.
  14. ^ a b 23, 8 May:00PM GMT. «New Zealand Dollar: CURRENCY:NZD quotes & news — Google Finance». Retrieved 23 May 2012.
  15. ^ «Greens call for quantitative easing». 3 News NZ. 7 October 2012.
  16. ^ «Labour sees merit in Green call to print cash». The New Zealand Herald. 8 October 2012.
  17. ^ «Govt rejects call to print money». 3 News NZ. 27 October 2012.
  18. ^ «Historical Rates Tables — NZD | Xe».
  19. ^ a b c d History of New Zealand Coinage Archived 23 January 2009 at the Wayback Machine, Reserve Bank of New Zealand. Accessed 4 April 2009.
  20. ^ «ANZAC Circulating Commemorative Coin». Reserve Bank of New Zealand.
  21. ^ «Armistice Day Coin». Reserve Bank of New Zealand.
  22. ^ Tim Watkin, Figure of unity, NZ Listener, 13–19 November 2004, Vol 196, No 3366. Accessed 14 June 2007.
  23. ^ a b Edmunds, Susan (9 September 2022). «What happens now to New Zealand’s coins and bank notes?». Stuff. Retrieved 12 September 2022.
  24. ^ a b Linzmayer, Owen (2012). «New Zealand». The Banknote Book. San Francisco, CA: BanknoteNews.com.
  25. ^ «Issuing series 7 — Reserve Bank of New Zealand». RBNZ. Retrieved 5 March 2022.
  26. ^ «Banknotes in circulation — Reserve Bank of New Zealand». RBNZ. Retrieved 5 March 2022.
  27. ^ Sullivan, Richard (March 2013). «New Zealand History of Monetary and Exchange Rate Regimes» (PDF). Reserve Bank of New Zealand. Retrieved 24 September 2022.
  28. ^ «Triennial Central Bank Survey, April 2013» (PDF). Triennial Central Bank Survey. Bank for International Settlements. Retrieved 25 March 2014. [pg.10 of PDF]
  29. ^ «Triennial Central Bank Survey Foreign exchange turnover in April 2022» (PDF). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 27 October 2022. Retrieved 29 October 2022.

External links[edit]

  • ANZ New Zealand – View the current exchange rate graphs of NZ$/inr
  • Reserve bank of New Zealand – Money issuing Authority
  • Historical New Zealand Trading bank notes – Old extremely rare banknotes of New Zealand
  • Images of historic and modern New Zealand bank notes
  • Current and historical banknotes of New Zealand (in English and German)
Новозеландский доллар (рус.)
New Zealand Dollar  (англ.)
Dollar nêo-zélandais (фр.)
Монеты 1967 года
Монеты 1967 года
Коды и символы
Коды ISO 4217 NZD (554)
Символы $
Территория обращения
Страна-эмитент  Новая Зеландия
   Ниуэ
 Острова Кука
 Токелау
 Острова Питкэрн
Производные и параллельные единицы
Дробные Цент (1100)
Монеты и банкноты в обращении
Монеты 10, 20, 50 центов, 1, 2 доллара
Банкноты 5, 10, 20, 50, 100 долларов
История валюты
Введена 10.7.1967
Валюта-предшественник Новозеландский фунт
Эмиссия и производство монет и банкнот
Эмиссионный центр (регулятор) Резервный банк Новой Зеландии
  www.rbnz.govt.nz
Монетный двор Новозеландский монетный двор
  www.nzmint.com
Курсы на 2 марта 2023 года
1 RUB 0,02122 NZD
1 USD 1,602 NZD
1 EUR 1,699 NZD
1 GBP 1,919 NZD
1 JPY 0,01173 NZD
Инфляция в 2020 году
Инфляция 2,5% (март)[1]
Примечания
Логотип Викисклада Медиафайлы на Викискладе

Монеты Новой Зеландии

Монеты Новой Зеландии

Новозеландский доллар (код валюты NZD) — валюта Новой Зеландии, Ниуэ, Островов Кука, Токелау и Питкэрна. Официальная аббревиатура валюты — NZ$. NZ$ 1 = 100 центов.

История

Доллар введён с 10 июля 1967 года вместо новозеландского фунта, 1 фунт = 2 доллара.

С 1999 года для изготовления банкнот используется специальный тонкий пластик.

Режим валютного курса

В настоящее время в Новой Зеландии используется режим свободно плавающего валютного курса. Критерием эффективности курсовой политики выступают показатели инфляции.

Рыночный курс
Google Finance (…/NZD):
XE.com (…/NZD):
OANDA.com (…/NZD):

См. также

  • Доллар Островов Кука
  • Доллар Ниуэ
  • Доллар Островов Питкэрн

Примечания

  1. Reserve Bank of New Zealand. Дата обращения: 18 декабря 2019. Архивировано 16 января 2020 года.

Ссылки

  • Новозеландский доллар «Киви». Памятные монеты: «Властелин колец», «Трое из Простоквашино» и др. Архивная копия от 1 декабря 2010 на Wayback Machine
  • Новозеландские доллары (банкноты)
  • Галерея банкнот Новой Зеландии Архивная копия от 1 декабря 2017 на Wayback Machine  (нем.)  (англ.)


Эта страница в последний раз была отредактирована 20 июля 2022 в 06:09.

Как только страница обновилась в Википедии она обновляется в Вики 2.
Обычно почти сразу, изредка в течении часа.

What Is the NZD (New Zealand Dollar)?

The New Zealand dollar (NZD) is the official currency of New Zealand. NZD is made up of 100 cents and is often represented by the symbol $ or NZ$ to set it apart from other currencies based on dollars. NZD also sees use in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands.

Key Takeaways

  • The New Zealand currency is known as the New Zealand dollar (NZD).
  • New Zealand used to use the British monetary format, which was pounds, shilling, and pence, until 1967, when it switched to dollar-based money.
  • The New Zealand dollar went through a series of changes in a fixed exchange rate with the U.S. dollar until March of 1985 when the currency was allowed to float freely.
  • Since 1999, the New Zealand government has produced polymer or plastic versions of the New Zealand dollar, which has made the note more secure against counterfeiting.

Understanding the NZD (New Zealand Dollar)

Decimalization of the NZD (division into 100 cents) took place in 1967 when the New Zealand dollar replaced the New Zealand pound at a rate of two dollars to one pound. Initially pegged to the United States dollar, NZD went through a series of changes in the fixed exchange rate until March of 1985, when the currency was allowed to float freely.

New Zealand currency has had a long history of over 160 years. In fact, during the 1800s, New Zealand used its coins and banknotes before British currency was even legal currency. However, nothing was made official until 1933, when New Zealand issued their first official coins, based on the British pound, shilling, and pence.

The first coins had pictures of the native birds of New Zealand on the “tails” side, a tradition that has continued, with the British monarch on the head side.

The NZD is affectionately referred to as the ‘Kiwi,’ in honor of a flightless bird called a kiwi, which is pictured on one side of the country’s $1 coin.

In 1934, the Reserve Bank of New Zealand was established, becoming the only supplier of banknotes. The original notes had a variety of designs, including that of a kiwi, the nation’s Coat of Arms, Maori King Tawhiao, and Fiordland’s Mitre Peak.

It took another 30 years before the Reserve Bank replaced the currency of pounds, shillings, and pence with actual dollars and cents. In the year 1967 alone, the Bank printed 27 million new banknotes and 165 million new coins.

The NZD currency has a long history of colorful and vibrant money and, since its first issuing, has changed its printed design several times. In 1992, the images of Queen Elizabeth on all of the banknotes were altered to reflect prominent citizens of New Zealand such as Edmund Hillary, Kate Sheppard, Apirana Ngata, and Ernest Rutherford, along with local birds and plants on the backs of the notes.

Since 1999, the New Zealand government has produced polymer or plastic versions of the New Zealand dollar, which has made the note more secure against counterfeiting. In addition, the new polymer composition has increased the longevity of the note.

It is estimated that the polymer note lasts four times longer than regular linen or paper notes. Interestingly, the polymer note can go through a washing machine without suffering any material damage. In 2016, the currency had its most recent update, with even more bright colors and updated security features.

NZD/USD

The value of the NZD/USD pair is quoted as 1 New Zealand dollar per X U.S. dollars. For example, if the pair is trading at 1.50, it means that it takes 1.5 U.S. dollars to buy 1 New Zealand dollar.

NZD/USD is affected by factors that influence the value of the New Zealand dollar and/or the U.S. dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Reserve Bank of New Zealand (RBNZ) and the Federal Reserve (Fed) will affect the value of these currencies when compared to each other.

When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the NZD/USD cross could decline, due to a strengthening of the U.S. dollar when compared to the New Zealand dollar.

The NZD/USD tends to have a positive correlation to its neighbor, the Australian dollar (AUD/USD).

The New Zealand dollar is considered a carry-trade currency in that it is relatively high-yielding so investors will often buy the NZD and fund it with a lower-yielding currency such as the Japanese yen or the Swiss franc.

Evidence of this was prevalent during the financial crisis when the NZD was one of many high-yielding currencies that fell during 2008 and 2009. Margin trading positions on the NZD/Japanese yen exchange rate rose steadily during 2007-08, as Japanese investors took advantage of the wide differential between New Zealand and Japanese interest rates.

During the turbulence in global financial markets during mid to late 2008, the cumulative net long positions held by Japanese margin traders in the NZD fell by nearly 90%.

Other factors affecting the NZD are dairy prices and tourism numbers. New Zealand is one of the world’s biggest exporters of whole milk powder. This means that if milk prices are on the rise the New Zealand economy is likely to be doing well, which will push up the currency.

Tourism is another staple of the New Zealand economy. So as the number of visitors to New Zealand rises, the economy does well and the currency appreciates.

What Is the Abbreviation for New Zealand Currency?

The abbreviation for the New Zealand currency is «NZD.»

Why Is the NZD So Strong?

The strength of a currency tends to fluctuate so the strength of the NZD may not always be so strong. However, overall, NZD is considered a stable currency due to the strength of the New Zealand economy and its outlook. Tourism is a strong economic driving force for New Zealand, so when tourism is doing well in the country, the currency will tend to be stronger. Other economic factors, such as growth rate, GDP, unemployment, and inflation are strong and, therefore, lead to a strong currency.

Are New Zealand Dollars One of the Best Currencies To Trade?

NZD is one of the most traded currencies in the world, making it a liquid currency in forex markets. New Zealand has a high FX turnover when compared to GDP due to international traders seeking yield, New Zealand having many companies and banks that are owned by international companies, resulting in currency swaps to minimize FX risk, export and imports being a large part of the New Zealand economy, and because New Zealand companies and organizations borrow heavily from international markets.

What Does New Zealand’s Currency Look Like?

Each banknote and coin of New Zealand’s currency looks different. The currency usually has a bird on one side of a banknote or coin as well as an important historical figure of New Zealand. The currency also comes in very bright colors.

What Is the NZD (New Zealand Dollar)?

The New Zealand dollar (NZD) is the official currency of New Zealand. NZD is made up of 100 cents and is often represented by the symbol $ or NZ$ to set it apart from other currencies based on dollars. NZD also sees use in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands.

Key Takeaways

  • The New Zealand currency is known as the New Zealand dollar (NZD).
  • New Zealand used to use the British monetary format, which was pounds, shilling, and pence, until 1967, when it switched to dollar-based money.
  • The New Zealand dollar went through a series of changes in a fixed exchange rate with the U.S. dollar until March of 1985 when the currency was allowed to float freely.
  • Since 1999, the New Zealand government has produced polymer or plastic versions of the New Zealand dollar, which has made the note more secure against counterfeiting.

Understanding the NZD (New Zealand Dollar)

Decimalization of the NZD (division into 100 cents) took place in 1967 when the New Zealand dollar replaced the New Zealand pound at a rate of two dollars to one pound. Initially pegged to the United States dollar, NZD went through a series of changes in the fixed exchange rate until March of 1985, when the currency was allowed to float freely.

New Zealand currency has had a long history of over 160 years. In fact, during the 1800s, New Zealand used its coins and banknotes before British currency was even legal currency. However, nothing was made official until 1933, when New Zealand issued their first official coins, based on the British pound, shilling, and pence.

The first coins had pictures of the native birds of New Zealand on the “tails” side, a tradition that has continued, with the British monarch on the head side.

The NZD is affectionately referred to as the ‘Kiwi,’ in honor of a flightless bird called a kiwi, which is pictured on one side of the country’s $1 coin.

In 1934, the Reserve Bank of New Zealand was established, becoming the only supplier of banknotes. The original notes had a variety of designs, including that of a kiwi, the nation’s Coat of Arms, Maori King Tawhiao, and Fiordland’s Mitre Peak.

It took another 30 years before the Reserve Bank replaced the currency of pounds, shillings, and pence with actual dollars and cents. In the year 1967 alone, the Bank printed 27 million new banknotes and 165 million new coins.

The NZD currency has a long history of colorful and vibrant money and, since its first issuing, has changed its printed design several times. In 1992, the images of Queen Elizabeth on all of the banknotes were altered to reflect prominent citizens of New Zealand such as Edmund Hillary, Kate Sheppard, Apirana Ngata, and Ernest Rutherford, along with local birds and plants on the backs of the notes.

Since 1999, the New Zealand government has produced polymer or plastic versions of the New Zealand dollar, which has made the note more secure against counterfeiting. In addition, the new polymer composition has increased the longevity of the note.

It is estimated that the polymer note lasts four times longer than regular linen or paper notes. Interestingly, the polymer note can go through a washing machine without suffering any material damage. In 2016, the currency had its most recent update, with even more bright colors and updated security features.

NZD/USD

The value of the NZD/USD pair is quoted as 1 New Zealand dollar per X U.S. dollars. For example, if the pair is trading at 1.50, it means that it takes 1.5 U.S. dollars to buy 1 New Zealand dollar.

NZD/USD is affected by factors that influence the value of the New Zealand dollar and/or the U.S. dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Reserve Bank of New Zealand (RBNZ) and the Federal Reserve (Fed) will affect the value of these currencies when compared to each other.

When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the NZD/USD cross could decline, due to a strengthening of the U.S. dollar when compared to the New Zealand dollar.

The NZD/USD tends to have a positive correlation to its neighbor, the Australian dollar (AUD/USD).

The New Zealand dollar is considered a carry-trade currency in that it is relatively high-yielding so investors will often buy the NZD and fund it with a lower-yielding currency such as the Japanese yen or the Swiss franc.

Evidence of this was prevalent during the financial crisis when the NZD was one of many high-yielding currencies that fell during 2008 and 2009. Margin trading positions on the NZD/Japanese yen exchange rate rose steadily during 2007-08, as Japanese investors took advantage of the wide differential between New Zealand and Japanese interest rates.

During the turbulence in global financial markets during mid to late 2008, the cumulative net long positions held by Japanese margin traders in the NZD fell by nearly 90%.

Other factors affecting the NZD are dairy prices and tourism numbers. New Zealand is one of the world’s biggest exporters of whole milk powder. This means that if milk prices are on the rise the New Zealand economy is likely to be doing well, which will push up the currency.

Tourism is another staple of the New Zealand economy. So as the number of visitors to New Zealand rises, the economy does well and the currency appreciates.

What Is the Abbreviation for New Zealand Currency?

The abbreviation for the New Zealand currency is «NZD.»

Why Is the NZD So Strong?

The strength of a currency tends to fluctuate so the strength of the NZD may not always be so strong. However, overall, NZD is considered a stable currency due to the strength of the New Zealand economy and its outlook. Tourism is a strong economic driving force for New Zealand, so when tourism is doing well in the country, the currency will tend to be stronger. Other economic factors, such as growth rate, GDP, unemployment, and inflation are strong and, therefore, lead to a strong currency.

Are New Zealand Dollars One of the Best Currencies To Trade?

NZD is one of the most traded currencies in the world, making it a liquid currency in forex markets. New Zealand has a high FX turnover when compared to GDP due to international traders seeking yield, New Zealand having many companies and banks that are owned by international companies, resulting in currency swaps to minimize FX risk, export and imports being a large part of the New Zealand economy, and because New Zealand companies and organizations borrow heavily from international markets.

What Does New Zealand’s Currency Look Like?

Each banknote and coin of New Zealand’s currency looks different. The currency usually has a bird on one side of a banknote or coin as well as an important historical figure of New Zealand. The currency also comes in very bright colors.

Новозеландский доллар  (рус.)

New Zealand Dollar  (англ.)
Dollar nêo-zélandais  (фр.)

Коды и символы
Коды ISO 4217 NZD (554)
Символы $
Территория обращения
Эмитент Flag of New Zealand.svg Новая Зеландия
Официально Flag of Niue.svg Ниуэ
Flag of the Cook Islands.svg Острова Кука
Flag of Tokelau.svg Токелау
Flag of the Pitcairn Islands.svg Острова Питкэрн
Производные и параллельные единицы
Дробные Цент (1100)
Монеты и банкноты в обращении
Монеты 10, 20, 50 центов, 1, 2 доллара
Банкноты 5, 10, 20, 50, 100 долларов
История
Введена 10.7.1967
Валюта-предшественник Новозеландский фунт
Производство монет и банкнот
Эмиссионный центр Резервный банк Новой Зеландии
www.rbnz.govt.nz
Монетный двор Новозеландский монетный двор
www.newzealandmint.com
Курсы на 21 декабря 2012 года
1 RUB = 0,039 NZD
1 USD = 1,198 NZD
1 EUR = 1,583 NZD
1 GBP = 1,945 NZD
1 JPY = 0,01428 NZD
Курсы обновляются автоматически на основе данных МВФ, ЕЦБ, ЦБ РФ и являются примерными соотношениями валют. Официальные курсы см. на сайте центрального банка, рыночные — в разделе «Режим валютного курса».

Новозеландский доллар (код валюты NZD) — валюта Новой Зеландии, Ниуэ, Островов Кука, Токелау, и Питкэрна. Официальная аббревиатура валюты — NZ$. Часто называют просто «киви» (в честь национальной птицы Новой Зеландии). NZ$ 1 = 100 центов.

История

Доллар введён с 10 июля 1967 года вместо новозеландского фунта, 1 фунт = 2 доллара.

С 1999 года для изготовления банкнот используется специальный тонкий пластик.

Режим валютного курса

В настоящее время в Новой Зеландии используется режим свободно плавающего валютного курса. Критерием эффективности курсовой политики (курсовой якорь) выступают показатели инфляции.

Текущие курсы обмена валюты
Google Finance:

RUB USD EUR GBP JPY CHF

Yahoo! Finance: RUB USD EUR GBP JPY CHF
XE.com: RUB USD EUR GBP JPY CHF
OANDA.com: RUB USD EUR GBP JPY CHF

См. также

  • Доллар Островов Кука
  • Доллар Ниуэ
  • Доллар Островов Питкэрн

Ссылки

  • Новозеландский доллар «Киви». Памятные монеты: «Властелин колец», «Трое из Простоквашино» и др.
 Просмотр этого шаблона Исторические валюты Великобритании и её заморских территорий     Великобритания
Англия и Уэльс
БАТ
ЮГ и ЮСО
Фунт ст.
1694—1707
1:1 →
£1 = 20s = 240d
Фунт стерлингов (британский)
→ 1971
£1 = 20s = 240d
Фунт стерлингов (десятичный)
1971 →
→ 1:1
GBP • £1 = 100p
Шотландия Шотл. фунт
1695—1707
12:1 →
£1 = 20s = 240d
Северная Ирландия Ирландский фунт
?—1826
13:12 →
£1 = 20s = 240d
Остров Святой Елены
Остров Вознесения
Тристан-да-Кунья
Фунт СЕ
1976 →
→ 1:1
SHP • £1 = 100p
Фолклендские острова ?
→ 1833
Фолклендский фунт
1899—1971
→ 1:1
£1 = 20s = 240d
Фолклендский фунт (дес.)
1971 →
→ 1:1
FKP • £1 = 100p
Гибралтар ?
→ 1872
Исп. песета
1872—1898
1 Pta = 100 c
Фунт ст.
1898—1914
£1 = 20s = 240d
Гибралтарский фунт
1914—1971
→ 1:1
£1 = 20s = 240d
Гибралтарский фунт (дес.)
1971 →
→ 1:1
GIP • £1 = 100p
Зона фунта стерлингов 1694 — 1707 1707 — 1826 1826 — 1872 1872 — 1898 1898 — 1914 1914 — 1971 1971 — 1976 1976
Каймановы острова Фунт стерлингов
→ 1955[w 1]
£1 = 20s = 240d
Ямайский фунт[en]
1904—1969
→ 1:1
£1= 20s = 240d
Ям. доллар
1969—1972
→ 1:½
JMD • $1 = 100¢
Доллар Каймановых островов
1972 →
= 1,2 USD
KYD • $1 = 100¢
Тёркс и Кайкос Доллар США
1961[w 2]
USD • $1 = 100¢
БТИО
БВО
Ангилья Доллар Британской Западной Индии[en]
1949—1965[w 3]
BWI$1 = 20s = 240d (= 100¢[w 4])
Восточнокарибский доллар
1965 →
≈ 0,37 USD
XCD • $1 = 100¢
Монтсеррат
Бермуды Бермудский фунт
1842—1970
→ 1:1
£1 = 20s = 240d
Бермудский доллар
1970 →
= 1 USD
BMD • $1 = 100¢
Зона доллара США 1842 1842 — 1904 1904 — 1949 1949 — 1955 1955 — 1961 1961 — 1969 1969 — 1972 1972
Острова Питкэрн Фунт стерлингов
→ ?
£1 = 20s = 240d
Новозеландский доллар
? →
NZD • $1 = 100¢
Акротири и Декелия[w 5] Турецкий куруш (пиастр)
→ 1844
Турецкая лира
1844—1879
Кипрский фунт
1879—1955
= 1 GBP
£C1 = 20s = 180 пиастров = 7200 пар
Кипрский фунт (десятичный)
1955—2007
→ 1:1
CYP • £C1 = 1000₥ = 100¢[w 6]
Евро
2008 →
EUR • €1 = 100¢
Прочие 1844 1844 — 1879 1879 — 1955 1955 — 2008 2008

Примечания

  1. На Бермудах до 1842 года, на Каймановых островах, а также на островах Тёркс и Кайкос до 1904 года, в Ангильи и Монтсеррате до 1949 года, на Британских Виргинских островах до 1955 года
  2. На Британских Виргинских островах с 1961 года, на островах Тёркс и Кайкос с 1969 года
  3. Период обращения на территории Британских Виргинских островов — 1955—1961 годы
  4. На 100 центов доллар Британской Западной Индии начал делиться с 1955 года
  5. В качестве самостоятельной административной единицы Акротири и Декелия существуют с 1960 года, года провозглашения независимости Кипра
  6. На 100 центов кипрский фунт начал делиться с 1983 года
 Просмотр этого шаблона Валюты со словом «доллар» в названии
В обращении Австралийский доллар · Багамский доллар · Барбадосский доллар · Белизский доллар · Бермудский доллар · Брунейский доллар · Восточно-карибский доллар · Гайанский доллар · Гонконгский доллар · Доллар Каймановых островов · Доллар Кирибати · Доллар Намибии · Доллар Ниуэ · Доллар Островов Кука · Доллар Островов Питкэрн · Доллар Соломоновых Островов · Доллар США · Доллар Тринидада и Тобаго · Доллар Тувалу · Доллар Фиджи · Канадский доллар · Либерийский доллар · Новозеландский доллар · Сингапурский доллар · Суринамский доллар · Новый тайваньский доллар · Ямайский доллар · Паанга (доллар Тонги) · Тала (доллар Самоа)
Вышли из обращения Континентальный доллар · Гавайский доллар · Доллар Зимбабве · Доллар КША · Доллар Северного Борнео · Доллар Саравака · Доллар Малайи и Британского Борнео · Доллар Проливов · Монгольский доллар · Японский оккупационный доллар · Торговый доллар США · Доллар Антигуа[en] · Доллар Британской Колумбии[en] · Доллар Британской Западной Индии[en] · Доминиканский доллар[en] · Гренадский доллар[en] · Доллар Цзяо-Чжоу (Циндао) · Малайский доллар · Доллар Маврикия[en] · Невисский доллар[en] · Доллар Нью-Брансуика[en] · Ньюфаундлендский доллар[en] · Доллар Новой Шотландии[en] · Доллар Пинанга[en] · Доллар Острова Принца Эдварда[en] · Пуэрториканский доллар[en] · Родезийский доллар · Доллар Сент-Китса[en] · Доллар Сент-Люсии[en] · Доллар Сент-Винсента[en] · Доллар Сьерра-Леоне[en] · Доллар Суматры[en] · Старый тайваньский доллар · Техасский доллар[en] · Доллар Тринидада[en] · Доллар Тобаго[en]
См. также Символ доллара · Евродоллар · Нефтедоллары · Международный доллар · Диснеевский доллар[en] · Антарктический доллар · Талер · Ефимок
 Просмотр этого шаблона Валюты Океании
Меланезия Кина Папуа — Новой Гвинеи | Доллар Соломоновых Островов | Вату | Доллар Фиджи | Французский тихоокеанский франк (Новая Каледония )
Микронезия Доллар США (Гуам (США), Маршалловы Острова, Микронезия и Палау) | Австралийский доллар (Кирибати и Науру)
Полинезия Доллар США (Гавайи (США) и Восточное Самоа (США)) | Новозеландский доллар (Доллар Островов Кука, Доллар Островов Питкэрн) | Французский тихоокеанский франк (Французская Полинезия, Уоллис и Футуна) | Тала | Чилийский песо (Остров Пасхи) | Паанга | Доллар Тувалу | Австралийский доллар (Тувалу)
 Просмотр этого шаблона Коллективные и союзные валюты
Существующие
(в обращении)

Австралийский доллар • Восточно-карибский доллар • Датская крона • Доллар США • Евро • Индийская рупия • Нидерландский антильский гульден • Новозеландский доллар Сингапурский доллар • Франк КФА BCEAO • Франк КФА BEAC • Франк КФП • Фунт стерлингов • Швейцарский франк • Южноафриканский ранд

Существующие
(расчётные)

АМУ • Европейская составная единица EURCO[en] Европейская валютная единица EMU-6[en] Европейская расчётная единица EUA-9[en] Европейская расчётная единица EUA-17[en] Расчётная единица ADB • СДР • Сукре

Существующие
(аналитические)

Вокю (Wocu) • Международный доллар

Исторические

Австро-венгерская крона • Восточноафриканский шиллинг • Золотой франк • Переводной рубль • Рубль СССР / Российский рубль • Талер Марии Терезии • Французский франк • ЭКЮ

Обсуждаемые

Амеро • Афро • Валюта Евразийского союза («евразийский рубль») • Карибский гульден[en] Восточноафриканский шиллинг (новый) • Халиджи («динар Залива») • Эко

Валютные союзы

Вендский монетный союз • Еврозона (евро) Единая валютная зона (рэнд) Зона франка (французский франк) Западноафриканский экономический и валютный союз (франк КФА BCEAO) Золотой блок (золотой стандарт) Латинский валютный союз (биметаллический стандарт) Организация Восточно-карибских государств (восточно-карибский доллар) Рублёвая зона (рубль СССР / российский рубль) Скандинавский валютный союз (золотой стандарт) Совет экономической взаимопомощи (переводной рубль) Стерлинговая зона (фунт стерлингов) Экономическое сообщество стран Центральной Африки (франк КФА BEAC)

См. также

Банкор • Долларизация • Международная расчётная единица

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