Convert United States Dollar to New Zealand Dollar
Please provide values below to convert United States Dollar [USD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to United States Dollar.
How to Convert United States Dollar to New Zealand Dollar
1 USD = 0.599161174355902 NZD
Example: convert 15 USD to NZD:
15 USD = 15 × 0.599161174355902 NZD = 8.98741761533853 NZD
United States Dollar to New Zealand Dollar Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.