Niue dollar

Niue dollar
Dollar
ISO 4217 code	none
Central bank	Reserve Bank of New Zealand
Website	www.rbnz.govt.nz
User(s)	Niue
Pegged by	New Zealand dollar at par
Subunit
1/100	cent
Symbol	$
cent	c
Coins	10c, 20c, 50c, $1, $2 (New Zealand coins only)
Banknotes	$5, $10, $20, $50, $100 (New Zealand notes only)
Printer	Note Printing Australia (provides base polymer note material)
Website	www.noteprinting.com
Mint	New Zealand Mint

Niue, a dependency of New Zealand, uses the New Zealand dollar rather than its own specific currency. However, it does issue coins for the collectors market to earn some extra funding.

Before the creation of the New Zealand dollar, Niue was a user of the pound sterling and the very early commemorative coins of Niue were in pound or shilling increments.

Niue first began issuing coins in 1966, though these have been mostly bullion and non-circulating base metal commemorative issues. For all practical purposes the Niue dollar is not a true currency, and was never intended to be an official circulating coinage, however, they are acceptable as legal tender within Niue.

Coins

In 2009, Niue began issuing its first standard five coin set in denominations of 5, 10, 20, 50 cent and 1 Dollar. They are the same size, coloration, and relative weight as the corresponding New Zealand coins but of different metallic composition. They are also of the same exact size and composition as the Pitcairn Islands coins except that the set lacks the $2 piece found in both of the former.

All of the standard set coins bear images relevant to the country, surrounded by a distinct border.

The images of the reverse of the official set are as follows:

5 CENTS: Two Humpback Whales

10 CENTS: Crab

20 CENTS: Scuba Divers

50 CENTS: Native Outrigger Canoe

1 DOLLAR: The coin features on one side the crest of Niue, and on the other a swordfish, but on occasion, but a few commemorative coins are produced from time to time, since 1987.The one from 2001 had on the reverse a picture of the popular Pokemon Pikachu.

All coins of Niue depict on the obverse the national crest or an image of Queen Elizabeth II.

See also

• New Zealand dollar
• Pitcairn Islands dollar
• Cook Islands dollar
• Niue

References

• Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed. ed.). Krause Publications. ISBN 0-87341-150-1.

External links