New Zealand Dollar (NZD)

News: New Zealand Dollar

• New Zealand dollar holds near 5-month highs - Business Spectator (2 February 2012, 10:21 pm)
• Forex Flash: NZD/USD could waver in the proximity of 0.8300 - Commerzbank - FXStreet.com (1 February 2012, 10:41 am)
• Forex - NZD/USD lower in risk-off trade - Stock Markets Review (1 February 2012, 9:00 am)

Reports & Events: New Zealand Dollar

• Reserve Bank Governor not seeking another term (29 January 2012, 9:30 pm)
• NZ has capacity to weather shocks (27 January 2012, 12:00 am)
• OCR unchanged at 2.5 percent (25 January 2012, 8:00 pm)

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About the New Zealand Dollar

The New Zealand “dollar” (plural: dollars) is the official currency used in the country of New Zealand, as well as its external territories the Cook Islands, Niue, Ross Dependency, Tokelau, and the British territory the Pitcairn Islands Islands. Its official currency code is “NZD” and it is symbolized by “$”. The primary denominations include 10, 20 cent coins; 1 and 2 dollar coins (1 dollar = 100 cents); and 5, 10, 20, 50, and 100 dollar paper bank notes. In New Zealand, decimal numbers are denoted using a point (e.g. 1.50). The dollar has a floating exchange rate and its value is often seen as being dependent on commodity prices (New Zealands’s largest export).

Central Bank: Reserve Bank of New Zealand