New Zealand Dollar to US Dollar — exchange rate

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.

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.