NZD / ZAR

The New Zealand dollar is the official currency of New Zealand and its associated territories, including the Cook Islands, Niue, Tokelau and the Pitcairn Islands, where it is either used directly or pegged at parity. Issued by the Reserve Bank of New Zealand, it is subdivided into 100 cents and is commonly denoted by the symbol NZ$ to distinguish it from other dollar‑denominated currencies.

In foreign‑exchange markets the currency is nicknamed the “Kiwi” after the country’s iconic flightless bird, and it is one of the most actively traded currencies in the Asia‑Pacific region. New Zealand’s economy, heavily reliant on agriculture, tourism and services, influences the dollar’s value, while the Reserve Bank’s inflation‑targeting framework aims to keep price stability.