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The pound (symbol £, £NZ. [1] for distinction) was the currency of New Zealand from 1933 until 1967, when it was replaced by the New Zealand dollar.Prior to this, New Zealand used the pound sterling since the Treaty of Waitangi in 1840.
On Monday 10 July 1967 ("Decimal Currency Day"), the New Zealand dollar was introduced to replace the pound at a rate of two dollars to one pound (one dollar to ten shillings, ten cents to one shilling, 5 ⁄ 6 cent to a penny). [12] Some 27 million new banknotes were printed and 165 million new coins were minted for the changeover. [9]
The banknotes of New Zealand comprise: Banknotes of the New Zealand pound , produced from 1840 to 1967 Banknotes of the New Zealand dollar , produced from 1967 to present
Decimalisation of the New Zealand currency occurred on 10 July 1967, when the New Zealand pound was replaced by the New Zealand dollar. On the same day, new decimal banknotes were introduced to replace the existing pound banknotes, in denominations of $1 , $2 , $5 , $10 , $20 , and $100 .
N. File:New Zealand 1 dollar note obverse series 4.jpg; File:New Zealand 1 dollar note reverse series 4.jpg; File:New Zealand 1 pound note obverse series 2.jpg
Australian dollar (AUD) Canadian dollar (CAD) Euro (EUR) Japanese yen (JPY) New Zealand dollar (NZD) Norwegian krone (NOK) Pound sterling (GBP) Swedish krona (SEK) Swiss franc (CHF) United States dollar (USD) In some banking circles, reference is made to the G11 currencies, which are the G10 currencies plus the Danish krone (DKK).
The five-cent coin was introduced on 10 July 1967 with the decimalisation of New Zealand currency, where the New Zealand dollar replaced the New Zealand pound at a rate of two dollars to a pound, with six pence in the old pound currency equaling five cents in the new one. The new five cent coin was the same size and composition as the old ...
The New Zealand twenty-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. It has an image of Queen Elizabeth II on the front ...