New Zealand Dollar

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New Zealand Dollar

The currency of New Zealand. It was introduced in 1967, replacing the New Zealand pound. It was initially pegged to gold through the U.S. dollar. After the end of the Bretton Woods system, it remained pegged to gold, then later to a currency basket. It has been a floating currency since 1985.
References in periodicals archive ?
On Tuesday night the NZ dollar pushed up to a six-month high close to US74c but then fell away quickly.
This suggests that a common currency would yield similar outcomes in response to such shocks as has the independently floating NZ dollar.
Preceding discussion has focused on mortgage and credit funding as a source of demand and supply changes for the NZ dollar and therefore, in the most immediate sense, of changes in the foreign exchange rate.
Tell her to suggest to those who do, that money, whether in NZ dollars or pounds, to help with your trip would be most welcome, but stress, NOT obligatory.
It costs around 10 NZ dollars from the police office in Avarua and it's a great souvenir.
It has been reported the NZRFU makes 20 million NZ dollars (pounds 6.
After stopping overnight at Manukau Central Caravan Park, we filled the tank up with 61 litres of diesel for 27 NZ dollars - approximately pounds 10 - and set off for the Coromandel Peninsula.
The new year-round service might include 175,000 permanent seats on the route and donates an evaluated 212 million NZ dollars (135.
Governor Graeme Wheeler said, 'If the currency remains high in the face of worsening fundamentals, such as a continued weakening in export prices, it would become more opportune for the Reserve Bank to intervene in the currency market to sell NZ dollars.
Wellington, Dec 20 ( ANI ): An amateur Polish mechanic, who has a penchant for building replicas of supercars, has reportedly built a replica McLaren Formula One car and has put it in on the market for 45,000 NZ dollars.
The latest penalties bring the total number of airlines penalized in the price fixing case to 10 and the total penalties to 35 million NZ dollars, Xinhua reported.
Jetstar's intention at that stage was to pay the pilots in NZ dollars.