New Zealand Dollar united states dollar history for July 2023. The highest quote for this month is 0.61908 (25/07/2023) and the lowest 0.62293 (25/07/2023). The difference between high and low is -0.62.
NZD USD average rate for July 2023 is 0.61861, the change between 01/07/2023 and 31/07/2023 is +0.61 %.
| 05 July 2023 | 1 NZD = 0.6198 USD |
| 25 July 2023 | 1 NZD = 0.6200 USD |
| 31 July 2023 | 1 NZD = 0.6160 USD |
20/03/2020: COVID-19 Pandemic Effects
The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.
10/10/2008: Global Financial Crisis Hits New Zealand
New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.
10/07/2005: Polymer Banknotes Introduced
New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.
05/10/1987: Black Monday Stock Market Crash
Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.
04/03/1985: Floating Exchange Rate Introduced
New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.
10/07/1961: Decimalization of Currency
New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.
19/10/1933: New Zealand Pound Pegged to the British Pound
New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.