New Zealand Dollar to Canadian Dollar — exchange rate

Country of Circulation: New Zealand, Cook Islands, Niue, Pitcairn Islands, Ross Dependency, Tokelau

Currency Code, Symbol: NZD, NZ$

Denominations of coins in circulation: 10c, 20c, 50c, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The New Zealand dollar ($) is the national currency of New Zealand, a state in Polynesia. The currency is neither accepted nor issued outside the country. NZD is a simplified term for the global currency exchange.The New Zealand dollar is subdivided into cents. Every NZD has 100 cents. The currency has been introduced in 1967. Its predecessor was the New Zealand pound. Initially, banknotes were made out of paper. The modern notes are made out of a polymer plastic. It is more durable and humidity-resistant in New Zealand’s climate.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More