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Sixpence (New Zealand Coin)
The New Zealand sixpence is a coin of the New Zealand pound issued from 1933 to 1965. Equal to twice a Threepence (New Zealand coin), threepence or half a Shilling (New Zealand coin), shilling, the sixpence was one of five denominations of silver coins introduced in the initial issue of New Zealand coinage in 1933. Early designs for the coin featuring spears and Silver fern, silver ferns were rejected by design committees in Britain and New Zealand. The coin's final reverse, designed by George Kruger Gray, features a female huia, an extinct New Zealand bird, perched atop a branch. Issued in 50% silver until a postwar rise in silver prices triggered a shift to cupronickel in 1947, the coin was minted with relative consistency until 1965, when it was discontinued following decimalisation and the adoption of the New Zealand dollar. Background British silver coinage, including Sixpence (British coin), sixpences, first circulated in New Zealand during the early 19th century alongsid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Pound
The pound (symbol £, £NZ. for distinction) was the currency of New Zealand from 1840 until 1967, when it was replaced by the New Zealand dollar. Like the pound sterling, it was subdivided into 20 shillings (abbreviation s or /) each of 12 penny, pence (symbol d). History Up until the outbreak of the World War I, First World War, the New Zealand pound was at parity with one pound sterling. As a result of the great depression of the early 1930s, the New Zealand agricultural export market to the UK was badly affected. Australian banks, which controlled the New Zealand exchanges with London, devalued the New Zealand pound to match the value of the Australian pound in 1933, from parity or £NZ 1 = £1 sterling to £NZ 1 = 16s sterling (£0.8). In 1948 it returned to parity with sterling or £NZ.1 = £1 sterling. In 1967, New Zealand decimalised its currency, replacing the pound with the New Zealand dollar, dollar at a rate of $NZ 2 = £NZ 1 (o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
