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The New Zealand twenty-cent coin is the second-lowest-denomination coin of the New Zealand dollar. The 20-cent coin was introduced when the New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand florin coin. Its original reverse of a kiwi was changed in 1990 when the image was moved onto the one-dollar coin.
The coins of the New Zealand dollar are used for the smallest physical currency available in New Zealand. The current denominations are ten cents, twenty cents, fifty cents, one dollar and two dollars. The $1 and $2 coins are minted in a gold colour, the 20c and 50c coins are silver colour and the 10c coin is plated in copper. Larger denominations of the New Zealand dollar are minted as ...
With the introduction of the euro on 1 January 2002, the 5-cent, 10-cent, 25-cent, 1-guilder, 2 + 1 ⁄ 2-guilder and 5-guilder coins ceased to function as legal currencies. New Zealand: 1 and 2 cents 5 cents: 1987 2004: 30 April 1990 1 November 2006: No [3] Exchangeable at the Reserve Bank of New Zealand, but amounts over $5 must be paid into ...
Coinage was first brought to New Zealand by whalers and traders in the early 19th century. Following the establishment of the Colony of New Zealand in the 1840s, Spanish silver coins formed the bulk of currency in circulation, but silver and gold coinage from the United States, Portugal, France, and the Netherlands also circulated.
20 cents is a coinage value in some systems using decimal currencies. While some countries use a 20-cent coin, some countries use a 25-cent coin instead of a 20-cent coin. Examples include: Australian 20 cent coin; New Zealand twenty-cent coin; 20 cent euro coin; Hong Kong twenty-cent coin
While proposed as the base of a decimalised New Zealand coinage since the 1930s, the florin was ultimately replaced in 1967 by the coinage of the New Zealand dollar. Florins remained legal tender with a value of 20 cents until 31 October 2006. [1]
The New Zealand dollar contributes greatly to the total global exchange market—far in excess of New Zealand's relative share of population or global GDP. According to the Bank for International Settlements , the New Zealand dollar's share of global foreign exchange market daily turnover in 2016 was 2.1% (up from 1.6% in 2010) giving it a rank ...
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