What currency does new zealand spend
New Zealand's official currency is the New Zealand dollar (NZD). It is abbreviated as "$" and is divided into 100 cents.
The New Zealand dollar is issued by the Reserve Bank of New Zealand, which is the country's central bank. The bank is responsible for managing the country's monetary policy, including setting interest rates and regulating the money supply.
The New Zealand dollar is widely accepted in New Zealand and is also used in some Pacific island nations, such as the Cook Islands, Niue, and the Tokelau Islands. It is also accepted in some online stores and casinos that cater to New Zealand customers.
Here are some common denominations of New Zealand currency:
- Coins: 10c, 20c, 50c, $1, $2, $5
- Banknotes: $5, $10, $20, $50, $100