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New Zealand dollar. The New Zealand dollar (Māori: tāra o Aotearoa; sign: $; code: NZD) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. [2] Within New Zealand, it is almost always abbreviated with the dollar sign ($).
The economic history of New Zealand dates to before European colonisation of the country. By the 20th century, it had become one of the most globalized economies in the world, relying heavily on international trade with developed countries including Australia, Canada, China, European Union, the United States, Japan, and South Korea.
At first New Zealand was administered from Australia as part of the colony of New South Wales, and from 16 June 1840 New South Wales laws were deemed to operate in New Zealand. [53] This was a transitional arrangement, and the British Government issued the Charter for Erecting the Colony of New Zealand on 16 November 1840.
For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 euro. In some areas of Europe and in the retail market in the United Kingdom , EUR and GBP are reversed so that GBP is quoted as the fixed currency to ...
The procedure used to fix the irrevocable conversion rate of 340.750 between the Greek drachma and the euro was different, since the euro by then was already two years old. While the conversion rates for the initial eleven currencies were determined only hours before the euro was introduced as a virtual currency, the conversion rate for the ...
CurrencyFair is an online currency exchange platform that until 2023 offered a peer-to-peer currency exchange service. CurrencyFair is headquartered in Ireland and also has employees in the UK, Australia, Greece, Hong Kong, Poland and Singapore. The company has established working sectors in Newcastle (UK), New South Wales (Australia ...
25 September: Rev Marsden plants 100 vines, the first grapes grown in New Zealand. 4 November: Chiefs Hongi Hika and Rewa sell 13,000 acres (5260 hectares) at Kerikeri to the Church Missionary Society for 48 felling axes. 1820. 3 May: At Kerikeri, Reverend John Butler uses a plough for the first time in the country.
The independence of New Zealand is a matter of continued academic and social debate. New Zealand has no fixed date of independence from the United Kingdom; instead, political independence came about as a result of New Zealand's evolving constitutional status. Beginning in the late 1700s New Zealand's existing Māori population was supplemented ...