Convert New Zealand Dollar to Indian Rupee
Please provide values below to convert New Zealand Dollar [NZD] to Indian Rupee [INR], or Convert Indian Rupee to New Zealand Dollar.
How to Convert New Zealand Dollar to Indian Rupee
1 NZD = 0.0193199694862555 INR
Example: convert 15 NZD to INR:
15 NZD = 15 × 0.0193199694862555 INR = 0.289799542293833 INR
New Zealand Dollar to Indian Rupee Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.