NZD · $
New Zealand dollar (NZD)
The New Zealand dollar (NZD), also known as the kiwi, is the official currency of New Zealand and the Cook Islands. It is one of the most traded currencies in the world, influenced by commodity prices and economic data.
Convert this currency
Converted amount
0.5895 USD
Exchange rate
1 NZD = 0.589518 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
NZD · New Zealand dollar
New Zealand Dollar (NZD) Overview
The New Zealand dollar (NZD) is the official currency of New Zealand and the Cook Islands. Introduced in 1967, it replaced the New Zealand pound at a rate of two dollars to one pound. The currency is often referred to as the 'kiwi' due to the native bird featured on the one-dollar coin. NZD is freely floated and is one of the most actively traded currencies in the foreign exchange market, reflecting New Zealand's open economy.
As a commodity currency, the NZD is sensitive to fluctuations in global commodity prices, particularly dairy products, meat, and wool, which are major exports. The Reserve Bank of New Zealand (RBNZ) sets monetary policy with the goal of maintaining price stability, and its interest rate decisions significantly influence the currency's value. Economic indicators such as GDP growth, employment data, and trade balances also play a crucial role in NZD exchange rates.
For businesses and investors, understanding NZD dynamics is essential for managing currency risk and making informed decisions. The currency is widely traded against major counterparts like the US dollar, euro, and Australian dollar. However, it is important to note that exchange rates are subject to market volatility, and any forecasts should be based on current data and professional analysis.
- Code
- NZD
- Symbol
- $
- Current rate
- USD / NZD
Currency information
Last updated · 8/7/2026
The New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand pound at a rate of 2 dollars to 1 pound.
- Official name
- New Zealand dollar
- Legal tender status
- Legal tender in New Zealand and its territories
- Decimal places
- 2
- Minor unit
- cent · 1 NZD = 100 cent
- Countries
- New Zealand
- Territories
- Cook Islands, Niue, Tokelau, Pitcairn Islands
- Issuing authority
- Reserve Bank of New Zealand
- Central bank
- Reserve Bank of New Zealand · Official website
- Exchange-rate regime
- Free-floating
Common banknotes
$5 · $10 · $20 · $50 · $100
Common coins
10c · 20c · 50c · $1 · $2
Also known as
Kiwi dollar · New Zealand dollar · NZD · $ · Dollar néo-zélandais
Practical notes
- The New Zealand dollar is informally called the 'Kiwi dollar'.
Priority currency pairs
The most useful conversions for this currency.
New Zealand dollar questions
What is the NZD exchange rate?
The displayed rate is the latest available reference rate for USD/NZD. It can change throughout the day.
How can I convert NZD online?
Use the converter above to calculate indicative amounts between NZD and the other supported currencies.