New Zealand Pound


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New Zealand Pound

The former currency of New Zealand. It was pegged to the British pound and was replaced by the New Zealand dollar in 1967.
References in periodicals archive ?
While the New Zealand Government's decision to devalue the New Zealand pound in 1933 has received attention from economic historians (Hawke, 1985; Endres, 1990), the theoretical background to economists' ideas on exchange rates, which formed the basis of the Economic Committee's devaluation recommendations, remain largely undocumented.
Tocker identified two reasons for the divergence of the New Zealand pound from parity with sterling in the 1920s: the tendency for public borrowing to bring about inflation in New Zealand, and the tendency for the New Zealand rate to move in sympathy with the Australian rate against sterling (rocker, 1925, p.
As part of its deliberations, the Committee interviewed economists on the recent deviation of the New Zealand pound from sterling parity.
The deviation of the New Zealand pound from sterling parity could be categorised as a temporary disturbance caused by two factors: differing rates of deflation in New Zealand and Britain, and inaccurate expectations concerning New Zealand's external debt position (see Ashwin, 1930).
Economists viewed the deviation of the New Zealand pound from sterling parity as a temporary disturbance; the exchange would return to purchasing power parity in the long run.
New Zealand pounds 20,000 a season, but the likes of Dan Carter banks pounds 150,000 on a central contract.
Stoneleigh Sauvignon Blanc 2005, New Zealand pounds 6.
FIVE-night stay at Treetops Lodge & Estate (right) in secluded Rotorua, New Zealand pounds 2,000
Matua Old Vine Pinot Noir, Marlborough, New Zealand pounds 2 off now pounds 7.
Fly-half Botica returns home to New Zealand pounds 150,000 richer at the end of the season thanks to a controversial clause in his contract.
3 E Els South Africa pounds 1,150,6005 M Campbell New Zealand pounds 1,077,051
Mr Talfryn, whose business uses accelerated learning techniques, said that in New Zealand pounds 21m a year was invested in 11,000 students learning Maori and in the Basque Country pounds 22m25mfor 40,000 learners.

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