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NZ$
The New Zealand dollar ( mi, 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. Within New Zealand, it is almost always abbreviated with the dollar sign ($). "$NZ" 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", 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. History Introduc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Twenty-cent Coin
The New Zealand twenty-cent coin is the second-lowest-denomination coin of the New Zealand dollar. The 20-cent coin was introduced when the New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand florin coin. Its original reverse of a kiwi was changed in 1990 when the image was moved onto the one-dollar coin. In 2006 its size was reduced and its edge altered to a Spanish flower as part of a revision of New Zealand's coins, which also saw its alloy become nickel-plated steel instead of cupro-nickel. Design 1967 to 1990 On 10 July 1967, New Zealand decimalised its currency, replacing the pound with the dollar at a rate of one pound to two dollars and one shilling to ten cents. The 20-cent coin directly replaced the one-florin coin, which had been worth two shillings. Like the florin, the new 20-cent coin was made of cupronickel, 28.58 mm in diameter, 11.31 grams in weight, and had 100% edge milling. The 20-cent coin retained the presence of a ki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of New Zealand
The Reserve Bank of New Zealand (RBNZ, mi, Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is constituted under the Reserve Bank of New Zealand Act 1989. The governor of the Reserve Bank is responsible for New Zealand's currency and operating monetary policy. The Bank's current Governor is Adrian Orr. Employees of the bank operate under the framework of a managerial hierarchy. The Reserve Bank of New Zealand does not offer financial services to the public nor does it offer deposit insurance, and its website refers people to other financial institutions. Ownership The Reserve Bank has been wholly owned by the New Zealand Government since 1936. The Reserve Bank is established by an Act of Parliament (the Reserve Bank of New Zealand Act 1989) and it has statutory independence. The Reserve Bank is accountable to Parliament and provides an annual dividend to the Government. Monetary policy Primary Functions The Reserve Bank's primary functio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Fifty-cent Coin
The New Zealand fifty-cent coin is a coin of the New Zealand dollar. It was the largest by denomination, diameter and mass to have been introduced on the decimalisation of the currency on 10 July 1967, replacing the pre-decimal crown coin (five shillings). A total of 81,585,200 pre-2006 50 cent coins were issued, with a total value of $40,792,600.00 On 31 July 2006, as part of a revision of New Zealand's coinage, the fifty cent was made smaller, lighter and of a cheaper alloy (nickel-plated steel). On 1 November of that year the previous larger fifty cent coin was demonetised. Both the larger and smaller coin featured on its reverse the ship on which Captain Cook became the first Briton to reach New Zealand, in October 1769. The obverse, as per all New Zealand coins, features the reigning monarch, which throughout the coin's mintage has only been Queen Elizabeth II. History Larger coin Following a 1959 committee, it was agreed in 1963 that New Zealand would use decimal curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Ten-dollar Note
The New Zealand ten-dollar note is a New Zealand banknote. It is issued by the Reserve Bank of New Zealand and since 1999 has been a polymer banknote. It was first issued on 10 July 1967 when New Zealand decimalised its currency, changing from the New Zealand pound to the New Zealand dollar. The ten-dollar note originally had an image of Queen Elizabeth II on the front; since 1993 it has had an image of suffragist Kate Sheppard. Design There have been seven different series of New Zealand bank notes, and the ten-dollar note was introduced with the third series of bank note. Third series (1967–1981) The first ten-dollar notes were issued alongside the first one-dollar, two-dollar, five-dollar, twenty-dollar, and one-hundred-dollar notes with the introduction of the New Zealand dollar on 10 July 1967. They were made of cotton-based paper. The design was selected by a six-person design committee appointed in 1964, which included Alexander McLintock, Stewart Bell Maclennan and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Overseas Territories
The British Overseas Territories (BOTs), also known as the United Kingdom Overseas Territories (UKOTs), are fourteen dependent territory, territories with a constitutional and historical link with the United Kingdom. They are the last remnants of the former British Empire and do not form part of the United Kingdom itself. The permanently inhabited territories are internally Self-governance, self-governing, with the United Kingdom retaining responsibility for Defence (military), defence and foreign relations. Three of the territories are inhabited only by a transitory population of military or scientific personnel. All but one of the rest are listed by the Special Committee on Decolonization, UN Special Committee on Decolonization as United Nations list of non-self-governing territories, non-self-governing territories. All fourteen have the Monarchy of the United Kingdom, British monarch as head of state. three territories (the Falkland Islands, Gibraltar and the Akrotiri an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand One Hundred-dollar Note
The New Zealand one-hundred-dollar note is a New Zealand banknote. It is issued by the Reserve Bank of New Zealand and since 1999 has been a polymer banknote. It was first issued on 10 July 1967 when New Zealand decimalised its currency, changing from the New Zealand pound to the New Zealand dollar. The note originally had an image of Queen Elizabeth II on the front; since 1992 it has had an image of Ernest Rutherford. Design There have been seven different series of New Zealand banknotes, and the one-hundred-dollar note was introduced with the third series of banknote. Third series (1967–1981) The first one-hundred-dollar notes were issued alongside the first one-dollar, two-dollar, five-dollar, ten-dollar, and twenty-dollar notes with the introduction of the New Zealand dollar on 10 July 1967. They were made of cotton-based paper. The design was selected by a six-person design committee appointed in 1964, which included Alexander McLintock, Stewart Bell Maclennan and P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Sign
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by the monetary authority, like the national central bank for the currency concerned. In formatting, the symbol can use various formattings: before, between or after the numeric amounts: , and , for example; this positioning is determined by national convention. The symbol is not defined or listed by ISO 4217: that only assigns three-letter codes to currencies (like for Azerbaijani manat) and special cases like gold and silver ( and respectively) that are used as financial instruments. Usage When writing currency amounts, the location of the symbol varies by language. Many currencies in English-speaking countries and Latin America (except Haiti) place it before the amount (e.g., R$50,00). The Cape Verdean escudo (like the Portuguese escudo, to which it was formerly pegged) places its symbol in the decimal separator position (e.g. 20$00). Banco de Cabo Verde.Moedas." ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Mint
The Royal Mint is the United Kingdom's oldest company and the official maker of British coins. Operating under the legal name The Royal Mint Limited, it is a limited company that is wholly owned by His Majesty's Treasury and is under an exclusive contract to supply the nation's coinage. As well as minting circulating coins for the UK and international markets, The Royal Mint is a leading provider of precious metal products. The Royal Mint was historically part of a series of mints that became centralised to produce coins for the Kingdom of England, all of Great Britain, the United Kingdom, and nations across the Commonwealth. The Royal Mint operated within the Tower of London for several hundred years before moving to what is now called Royal Mint Court, where it remained until the 1960s. As Britain followed the rest of the world in decimalising its currency, the Mint moved from London to a new 38-acre (15 ha) plant in Llantrisant, Glamorgan, Wales, where it has remained sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
