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GBP to NZD Exchange Rate

Currency Information on New Zealand Dollar - NZD — New Zealand dollar – NZ$. The foreign exchange currency code for NZD represents the New Zealand Dollar exchange rate.

The New Zealand dollar is the official currency of New Zealand, the Cook Island, the Ross Dependency, Niue, the Pitcairn Islands and Tokelau.

Currency Exchange Rates for New Zealand Dollar. The ‘NZ’ in the symbol distinguishes it from other currencies called ‘dollar’ or using the dollar symbol – ‘$’. The New Zealand dollar is in the top 10 traded currencies in the world, and holds app. 2% of the global foreign exchange market.

Currency Information on NZD. Coins are available in denominations of 10c, 20c, 50c, $1 and $2, whilst banknotes in circulation are available in denominations of $5, $10, $20, $50 and $100.

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It is the recognized legal tender and of the country New Zealand, the Pitcairn Island, the Tokelau, Niue, the Cook Island as well as Ross Dependency. The currency has a recognized sign as '$' and 'NZ$' used to differentiate it from other world dollar currencies especially the US dollar.
Its code as 'NZD'. In some informal settings, people call it 'kiwi' in identifying it with the most popular bird in New Zealand.
It is rated among the top 10 most rated used currencies by world ranking in terms of the most bought and sold currency in the foreign exchange market at 2% as at 2013.

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Its officially began in 1967.This was after passing of the Decimal Currency Act in 1964.The act was as a result of high consultative activities within the country on use of currency that the country could identify with.
Before the official use of this currency in New Zealand, the county had been using the New Zealand Pound which was different from the sterling pound since 1933.
Some words such as 'fern', 'kiwi' and 'zeal' had been put forward to be used to avoid the use of the word dollar which had for long been associated with the US dollar.

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The smaller units of this currency come in form of coins such as the denominations of 10 cent,20 cent,50 cent,$1 and $2 coins. The larger notes are in denominations of $5,$10,$20,$50 and $100.
All those are legal tenders and are in circulation in the New Zealand's economy.

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There is no officially documented alternative currency in New Zealand. However, it is possible to do a withdrawal of the Australian dollar using an Automatic Teller Machine in New Zealand.

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With a lot of technological advancement, the country has been able to add several security features to its notes to reduce the rate of production of counterfeit notes by fraudulent people. The country prides itself as one with the least rates of counterfeit notes production

Convert Pound to New Zealand dollar

Convert GBP to NZD exchange rate. Buy and sell British Pounds to New Zealand dollar. Convert NZD to GBP with a currency broker offering the best foreign exchange rates. Exchange GBP to NZD - Convert Pound to New Zealand dollar for a Free Online Quote.

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