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The pound (symbol £, £NZ. [1] for distinction) was the currency of New Zealand from 1933 until 1967, when it was replaced by the New Zealand dollar.Prior to this, New Zealand used the pound sterling since the Treaty of Waitangi in 1840.
However, as pound sterling coinage in New Zealand was devalued relative to the same coins' value in Britain, a resulting wave of currency smuggling caused a massive decline in the amount of British silver coins available in New Zealand. The devalued pound sterling coinage in circulation in New Zealand was smuggled into Australia and the United ...
A commemorative crown coin of the New Zealand pound was produced for a planned visit by King George VI in 1949. Having first visited the country in 1927 in his duties as the Duke of York, proposals for a visit by the monarch to New Zealand in 1940 were postponed by the outbreak of World War II.
The New Zealand threepence is a coin of the New Zealand pound issued from 1933 to 1965. Equal to three pence, the coin was the smallest in size of all New Zealand pound coinage and the smallest in denomination of the initial 1933 issue of New Zealand pound coinage, produced due to shortages of British silver coins resulting from the devaluation of local currency relative to the pound sterling.
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.
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 coins of the New Zealand dollar are used for the smallest physical currency available in New Zealand. The current denominations are ten cents, twenty cents, fifty cents, one dollar and two dollars. The $1 and $2 coins are minted in a gold colour, the 20c and 50c coins are silver colour and the 10c coin is plated in copper. Larger denominations of the New Zealand dollar are minted as ...
The New Zealand sixpence is a coin of the New Zealand pound issued from 1933 to 1965. Equal to twice a threepence or half a shilling, the sixpence was one of five denominations of silver coins introduced in the initial issue of New Zealand coinage in 1933.