New Zealand Dollar to Euro — 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: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

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

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More