New Zealand Money

Currency

New Zealand Dollar (NZD; symbol: NZ$) = 100 cents. Notes are in denominations of NZ$100, 50, 20, 10 and 5. Coins are in denominations of NZ$2 and 1, and 50, 20 and 10 cents.

Note: In November 2006, the New Zealand Reserve Bank introduced new, smaller 50, 20 and 10 cent coins. The 5 cent coin has been phased out. Old coins can only be exchanged at the Reserve Bank.

Currency Exchange

Exchange facilities are widely available throughout New Zealand.

Credit/Debit Cards and ATMs

American Express, Diners Club, MasterCard and Visa are widely accepted. ATMs are common.

Traveller's Cheques

Can be exchanged at official rates at trading banks, large hotels and some shops. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars, Pounds Sterling or Australian Dollars.

Banking Hours

Mon-Fri 0930-1630, except public holidays.

Exchange Rate Indicators

1.00 GBP = 2.3 NZD
1.00 USD = 1.37 NZD
1.00 EUR = 2.07 NZD
Currency conversion rates as of 26 November 2009
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