Currency of New Zealand 10 July —. The New Zealand dollar sign: Australian dollar Norfolk Island. Retrieved 25 March Bank for International Settlements. The reverse sides of coins introduced in did not follow the designs that were originally intended for them. Hoiho yellow-eyed penguin Campbell Island scene.
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Introduced inthe dollar is subdivided into cents.
The New Zealand dollar's value is often strongly affected by currency trading[ citation needed ] and is among the 10 most-traded currencies. New banknotes are being printed in New Zealand at the moment. In SeptemberAustralia 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.
After a three-month public submission period that ended on 4 Februarythe Reserve Bank announced on 31 March that it would go ahead with the proposed changes.
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Reserve Bank of New ZealandNovember The coins were demonetised on 30 April Ministry for Culture and Heritage. Two suspected interventions followed, but they were not as successful as the first: Prior to the introduction of the New Zealand dollar inthe New Zealand pound was the currency of New Zealand, which had been distinct from the pound sterling since
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Kiwi and silver fern. Archived from the original on 3 August Prior to the introduction of the New Zealand dollar inthe New Zealand pound was the currency of New Zealand, which had been distinct from the pound sterling since 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.