The currency of New Zealand is the New Zealand Dollar, denoted by the symbol $ or NZD. The currency is issued and regulated by the Reserve Bank of New Zealand. The coins in circulation are in denominations of 10, 20, and 50 cents, as well as 1 and 2 dollars. The banknotes come in denominations of 5, 10, 20, 50, and 100 dollars.
The New Zealand Dollar is commonly abbreviated as NZD in financial markets. It is one of the top 10 most traded currencies in the world, and is widely accepted both in New Zealand and in some parts of the Pacific Islands that have close ties with New Zealand.
The exchange rate of the New Zealand Dollar fluctuates against other major currencies, and is influenced by factors such as the country's economic performance, interest rates, and global market trends. Travelers visiting New Zealand can easily exchange their currency at banks, currency exchange bureaus, and ATMs throughout the country.
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