NEW Zealand Dollar FACT 2.The world’s 7th largest export economy, New Zealand shipped NZ$50 billion worth of goods around the globe in 2016, down by -10% since 2012 and down by -13% from 2015 to 2016.

FACT 3. Based on the total export value, New Zealand’s exported beef represent roughly one-tenth of its total exports (10.3%). In second place were dairy products at 9.7%, followed by fruit including nuts then meat excluding beef at 5%.

NEW FACT 4. Sixty-two percent (62.2%) of products exported from New Zealand were bought by importers in China (20%), Australia (19%), United States (10%), Japan (9%) then Taiwan (5%).

NEW ZEALAND DOLLAR FACT 5.Smaller percentages are explained by imports from India, South Korea and United Kingdom at 4% each, then Hong Kong at 3%.

The NZ Dollar is the official currency of New Zealand.

The NZD is also sometimes used on other islands in the South Pacific.

The NZD is made up of 100 cents and comes in $5, $10, $20, $50 and $100 notes.

There are also 5 cent, 10 cent, 20 cent, 50 cent coins and one dollar and two dollars coins.

Money in New Zealand is called the NZD.

The NZ dollar has been the currency of New Zealand since 1967. It is normally written with the dollar sign $, or NZ$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

The New Zealand dollar is often informally known as the “Kiwi” (dollar), since NZ is commonly associated with the kiwi and the one-dollar coin depicts a kiwi.[1] The symbol used for the dollar is “$”, or “NZ$” to distinguish it from other dollar-denominated currencies.

Decimalisation in 1966 was opposed by some who wished to keep the pound sterling common with Australia and some Pacific nations, but decimalisation was inevitable after the breakdown of the Sterling Area due to inflation differentials that made the existing denominations unworkable.

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