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The devaluation of the New Zealand pound relative to sterling in the 1930s led to the issue of distinct New Zealand coins in 1933, in denominations of 3d, 6d, 1/– (one shilling), 2/– (or florin) and 2/6 (half-crown), minted in 50% silver until 1946 and in copper-nickel from 1947.
Coinage was first brought to New Zealand by whalers and traders in the early 19th century. Following the establishment of the Colony of New Zealand in the 1840s, Spanish silver coins formed the bulk of currency in circulation, but silver and gold coinage from the United States, Portugal, France, and the Netherlands also circulated.
Decimalisation of the New Zealand currency occurred on 10 July 1967, when the New Zealand pound was replaced by the New Zealand dollar. On the same day, new decimal banknotes were introduced to replace the existing pound banknotes, in denominations of $1, $2, $5, $10, $20, and $100. [3] [4] Fleming's signature is on the first New Zealand Dollar ...
The florin is a coin issued for the New Zealand pound from 1933 to 1965, equal to two shillings or twenty-four pence. The coin features a kiwi on the reverse and the reigning monarch on the obverse. The coin features a kiwi on the reverse and the reigning monarch on the obverse.
Prior to the introduction of the New Zealand dollar in 1967, the New Zealand pound was the currency of New Zealand, which had been distinct from the pound sterling since 1933. [5] The pound used the £sd system, in which the pound was divided into 20 shillings and one shilling was divided into 12 pence, a system which by the 1950s was ...
The New Zealand shilling was first issued in 1933 alongside four other denominations of New Zealand pound coinage, introduced due to shortages of comparable British silver coinage following the devaluation of the New Zealand pound relative to the pound sterling. Roughly 24 mm in diameter, it is slightly larger than the British coin it replaced.
The half-crown is the largest of five denominations of New Zealand pound coinage first issued in 1933. Introduced due to shortages of comparable British silver coinage following the devaluation of the New Zealand pound relative to the pound sterling, the coin measures roughly 32 mm (1.3 in) in diameter.
The coins of New Zealand comprise: Coins of the New Zealand pound, produced from 1933 to 1965, with British coinage used from 1857 to 1935;