New Zealand Dollar to Australian Dollar — exchange rate

Country of Circulation: New Zealand, Cook Islands, Niue, Pitcairn Islands, Ross Dependency, Tokelau

Currency Code, Symbol: NZD, NZ$

Denominations of coins in circulation: 10c, 20c, 50c, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The New Zealand dollar ($) is the national currency of New Zealand, a state in Polynesia. The currency is neither accepted nor issued outside the country. NZD is a simplified term for the global currency exchange.The New Zealand dollar is subdivided into cents. Every NZD has 100 cents. The currency has been introduced in 1967. Its predecessor was the New Zealand pound. Initially, banknotes were made out of paper. The modern notes are made out of a polymer plastic. It is more durable and humidity-resistant in New Zealand’s climate.Read More

Country of Circulation: Australia, Ashmore and Cartier Islands, Australian Antarctic Territory, Christmas Island and others

Currency Code, Symbol: AUD, AU$

Denominations of coins in circulation: 5c, 10c, 20c, 50c, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Australian dollar (symbol: $ ,code: AUD, number 036) is the currency of the Commonwealth of Australia. It is used not only on the territory of Australia, but also on the adjacent islands: Cocos Islands, Norfolk, and Christmas Islands. $ is identified as AUD or by the classic dollar sign on the global financial market.One AUD is 100 cents. It has come into action in 1966, replacing the Australian pound. Since the late 80s, banknotes have been being made from special flexible plastic instead of paper. It makes money last longer in humid Australian climate. Interestingly, all banknotes have the same height, but are different in length. On the notes you can find portraits of historical and political figures, important buildings and objects. Australia also regularly issues commemorative coins worth 50 cents.Read More