New Zealand Dollar

The New Zealand dollar (sign: $; code: NZD) is the currency of New Zealand. It is divided into 100 cents.

It is normally written with the dollar sign $, or NZ$ to distinguish it from other dollar-denominated currencies. In the context of currency trading, it is often informally called the "Kiwi", since kiwi are commonly associated with New Zealand and the $1 coin depicts a kiwi. It is one of the 10 most-traded currencies in the world being approximately 1.6% of global foreign exchange market daily turnover in 2010. (see Global Foreign Exchange Market section below)

Read more about New Zealand Dollar:  Banknotes, History of NZ$ Foreign Exchange Rates, Global Foreign Exchange Market, Inflation and Deflation

Famous quotes containing the words zealand and/or dollar:

    Teasing is universal. Anthropologists have found the same fundamental patterns of teasing among New Zealand aborigine children and inner-city kids on the playgrounds of Philadelphia.
    Lawrence Kutner (20th century)

    Johnny Clay: You like money. You got a great big dollar sign there where most women have a heart. So play it smart. Stay in character and you’ll have money. Plenty of it. George’ll have it and he’ll blow it on you. Probably buy himself a five-cent cigar.
    Sherry Peatty: You don’t know me very well, Johnny. I wouldn’t think of letting George throw his money away on cigars.
    Stanley Kubrick (b. 1928)