New zealand money
New Zealand's currency is the New Zealand dollar (NZD). Here are some key facts about New Zealand money:
Coins:
- 10c, 20c, 50c, $1, $2, and $5 coins are in circulation
- Coins are made of copper, nickel, and stainless steel
Banknotes:
- $5, $10, $20, $50, and $100 banknotes are in circulation
- Banknotes feature images of notable New Zealanders, such as Queen Elizabeth II, Sir Edmund Hillary, and Kate Sheppard
Currency exchange:
- You can exchange your currency for New Zealand dollars at banks, currency exchange offices, and some hotels
- Credit cards, such as Visa and Mastercard, are widely accepted in New Zealand
- ATMs (known as "cash machines" or "EFTPOS" in New Zealand) are widely available, and you can withdraw cash with your debit or credit card
Tipping:
- Tipping is not mandatory in New Zealand, but it's common to tip 5-10% in restaurants and bars
- Some businesses may include a service charge, so it's a good idea to check your bill before leaving a tip
Currency conversion:
- 1 USD is approximately equal to 1.7 NZD
- 1 EUR is approximately equal to 1.8 NZD
- 1 GBP is approximately equal to 2.1 NZD
Money-saving tips:
- Use ATMs to withdraw cash instead of exchanging currency at airports or tourist areas, as the rates may be less favorable
- Consider using a credit card that doesn't charge foreign transaction fees
- Take advantage of cashback offers or rewards programs on your credit or debit card
- Use public transportation or walk/bike instead of taking taxis, which can be expensive
Remember to always have some local currency with you, especially when traveling to rural areas or using public transportation. Enjoy your trip to New Zealand!