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New Zealand decimal currency was introduced on the 10th of July, 1967. It is based on 100 cents = 1 Dollar.
The system it replaced was based on the old British monetary system of Pounds, Shillings and Pence. 12 pence = 1 shilling, 20 shillings = 1 pound.
The old New Zealand currency included the Halfpenny, Penny, Threepence, Sixpence, Shilling, Florin (Two Shillings), Halfcrown (Two Shillings and Sixpence) and the Crown (Five Shillings) coins and, the Ten Shilling, One Pound, Five Pound, Ten Pound and Fifty Pound notes.
In 1967, the new currency included the 1 cent, 2 cent, 5 cent, 10 cent, 20 cent and 50 cent coins and, the One Dollar, Two Dollar, Ten Dollar, Twenty Dollar and One Hundred Dollar notes.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoDecimal currency was introduced in New Zealand on the 10th of July, 1967. All pre-decimal currency was progressively withdrawn from that date. There was no order of events, it was all done in one fell swoop.
Wiki User
∙ 12y agoDollars and cents - previously Pounds, shillings and pence
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What year did NZ currency change?
New Zealand introduced decimal currency on July 10 1967.
When was the New Zealand halfpenny no longer as legal tender?
It ceased to be legal tender in 1967 - along with the rest of the then British currency. In 1967, New Zealand adopted the NZ dollar.
How much is a New Zealand One Dollar coin 1903 worth?
New Zealand did not have its own currency until 1933. New Zealand's decimal currency was introduced in 1967. There are no pre-1967 New Zealand One Dollar coins of any type. The general circulation One Dollar coin was first issued in 1990.
What is the currency used in newzealand?
New Zealand Currency is New Zealand dollar
What is the capital and currency of New Zealand?
The capital of New Zealand is Wellington, on the North Island. The currency of the country is the New Zealand dollar.
What year did NZ currency change?
New Zealand introduced decimal currency on July 10 1967.
What is the value of a 1968 New Zealand Penny?
The last New Zealand Penny was minted in 1964. New Zealand converted to decimal currency in 1967.
What is the value of a 1969 New Zealand Halfpenny?
The last New Zealand Halfpenny was minted in 1965. New Zealand converted to decimal currency in 1967.
What is the value of a 1968 New Zealand Halfpenny?
The last New Zealand Halfpenny was minted in 1965. New Zealand converted to decimal currency in 1967.
When were New Zealand Pennies withdrawn from circulation?
New Zealand's decimal currency was introduced on the 10th of July, 1967. All predecimal currency was progressively withdrawn from circulation from that date.
When was the New Zealand halfpenny no longer as legal tender?
It ceased to be legal tender in 1967 - along with the rest of the then British currency. In 1967, New Zealand adopted the NZ dollar.
When was the New zealand dollar made into a currency?
New Zealand changed from Pounds, Shillings and Pence to Dollars and Cents on July 10 1967.
How much is a New Zealand One Dollar coin 1903 worth?
New Zealand did not have its own currency until 1933. New Zealand's decimal currency was introduced in 1967. There are no pre-1967 New Zealand One Dollar coins of any type. The general circulation One Dollar coin was first issued in 1990.
What is the value of a 1941 New Zealand half cent coin?
New Zealand introduced decimal currency in 1967 and have never produced a half cent coin.
When did nz introduce the nz dollar?
There is an excellent description of New Zealand's currency and its history in rbnz.govt.nz.
What is the currency used in newzealand?
New Zealand Currency is New Zealand dollar
When was the New Zealand Hundred Dollar note made?
The New Zealand One Hundred Dollar note was first issued in 1967 when the currency was changed from Pounds to Dollars.
