Historic United States dollar New Zealand Dollar

United States dollar new zealand dollar history for August 2023. The highest quote for this month is 1.696 (28/08/2023) and the lowest 1.6881 (20/08/2023). The difference between high and low is 0.47.

USD NZD average rate for August 2023 is 1.66256, the change between 01/08/2023 and 31/08/2023 is -4.98 %.

01 August 20231 USD = 1.612 NZD
04 August 20231 USD = 1.644 NZD
07 August 20231 USD = 1.639 NZD
08 August 20231 USD = 1.638 NZD
10 August 20231 USD = 1.650 NZD
12 August 20231 USD = 1.671 NZD
14 August 20231 USD = 1.671 NZD
15 August 20231 USD = 1.674 NZD
17 August 20231 USD = 1.686 NZD
20 August 20231 USD = 1.688 NZD
21 August 20231 USD = 1.687 NZD
28 August 20231 USD = 1.692 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.

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.