Historic Canadian dollar New Zealand Dollar

Canadian dollar new zealand dollar history for December 2023. The highest quote for this month is 1.2077 (13/12/2023) and the lowest 1.2052 (17/12/2023). The difference between high and low is 0.21.

CAD NZD average rate for December 2023 is 1.19776, the change between 01/12/2023 and 31/12/2023 is +0.38 %.

01 December 20231 CAD = 1.198 NZD
02 December 20231 CAD = 1.193 NZD
03 December 20231 CAD = 1.196 NZD
04 December 20231 CAD = 1.193 NZD
05 December 20231 CAD = 1.198 NZD
06 December 20231 CAD = 1.200 NZD
07 December 20231 CAD = 1.198 NZD
08 December 20231 CAD = 1.194 NZD
09 December 20231 CAD = 1.202 NZD
10 December 20231 CAD = 1.203 NZD
11 December 20231 CAD = 1.202 NZD
12 December 20231 CAD = 1.203 NZD
13 December 20231 CAD = 1.199 NZD
14 December 20231 CAD = 1.196 NZD
15 December 20231 CAD = 1.201 NZD
16 December 20231 CAD = 1.203 NZD
17 December 20231 CAD = 1.205 NZD
18 December 20231 CAD = 1.203 NZD
19 December 20231 CAD = 1.201 NZD
20 December 20231 CAD = 1.196 NZD
21 December 20231 CAD = 1.197 NZD
22 December 20231 CAD = 1.196 NZD
23 December 20231 CAD = 1.197 NZD
24 December 20231 CAD = 1.197 NZD
25 December 20231 CAD = 1.194 NZD
26 December 20231 CAD = 1.197 NZD
27 December 20231 CAD = 1.198 NZD
28 December 20231 CAD = 1.193 NZD
29 December 20231 CAD = 1.193 NZD
30 December 20231 CAD = 1.193 NZD
31 December 20231 CAD = 1.193 NZD

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.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

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.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

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.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.