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In this change, 1 cent and 2-coins also ceased production as the cost of producing these bronze coins was greater than the face value of the coins themselves, being approximately 1.6 cents and 2.3 cents in cost to produce 1 cent and 2 cent coin coins respectively (see article "New Zealand one-cent coin").
New Zealand's banknotes were completely re-designed in the 1990s to introduce uniquely New Zealand designs. The $1 and $2 notes were removed from circulation, and replaced with coins. [ 4 ] The explorer Sir Edmund Hillary was depicted on the front of the five-dollar note, with Aoraki / Mount Cook , the tallest mountain in New Zealand at 12,316 ...
On 3 May 1999, the Reserve Bank of New Zealand started circulating polymer banknotes printed by Note Printing Australia Limited. [37] The technology developed is now used in 24 countries. [38] As of 2009, Note Printing Australia was printing polymer notes for 18 countries. [39]
A real British pound coin, of the old type, on top of a fake.This coin was often counterfeited. Defective milling and letters on a counterfeit coin (top) For modern coins in general circulation, the most common method of protection from forgeries is the use of bi-metallic coins made of two metals of different color, which are difficult to counterfeit at low cost.
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 ...
These coins were of the same material and size, with almost identical obverses. The New Zealand coins were worth about 20% less, resulting in a small gain to those passing them in Australia and a similar loss in New Zealand. The 10–Syrian pound coin is often used as a slug in Norway, where it resembles the 20-krone coin.
The New Zealand fifty-dollar note is a New Zealand banknote. It is issued by the Reserve Bank of New Zealand and since 1999 has been a polymer banknote. It was first issued in 1983. The note originally had an image of Queen Elizabeth II on the front; since 1992 it has had an image of Sir Āpirana Ngata. [1] [2]
The New Zealand one-hundred-dollar note is a New Zealand banknote. It is issued by the Reserve Bank of New Zealand and since 1999 has been a polymer banknote . It was first issued on 10 July 1967 when New Zealand decimalised its currency , changing from the New Zealand pound to the New Zealand dollar .