Historic Canadian dollar New Zealand Dollar

Canadian dollar new zealand dollar history for February 2024. The highest quote for this month is 1.2246 (03/02/2024) and the lowest 1.2247 (04/02/2024). The difference between high and low is -0.01.

CAD NZD average rate for February 2024 is 1.20974, the change between 01/02/2024 and 29/02/2024 is +0.8 %.

01 February 20241 CAD = 1.218 NZD
02 February 20241 CAD = 1.216 NZD
03 February 20241 CAD = 1.225 NZD
04 February 20241 CAD = 1.225 NZD
05 February 20241 CAD = 1.224 NZD
06 February 20241 CAD = 1.220 NZD
07 February 20241 CAD = 1.215 NZD
08 February 20241 CAD = 1.216 NZD
09 February 20241 CAD = 1.216 NZD
10 February 20241 CAD = 1.208 NZD
11 February 20241 CAD = 1.210 NZD
12 February 20241 CAD = 1.209 NZD
13 February 20241 CAD = 1.213 NZD
14 February 20241 CAD = 1.217 NZD
15 February 20241 CAD = 1.213 NZD
16 February 20241 CAD = 1.215 NZD
17 February 20241 CAD = 1.211 NZD
18 February 20241 CAD = 1.210 NZD
19 February 20241 CAD = 1.209 NZD
20 February 20241 CAD = 1.206 NZD
21 February 20241 CAD = 1.199 NZD
22 February 20241 CAD = 1.199 NZD
23 February 20241 CAD = 1.197 NZD
24 February 20241 CAD = 1.195 NZD
25 February 20241 CAD = 1.195 NZD
26 February 20241 CAD = 1.197 NZD
27 February 20241 CAD = 1.201 NZD
28 February 20241 CAD = 1.198 NZD
29 February 20241 CAD = 1.208 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.
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