The New Zealand dollar is the official currency of New Zealand and its territories; as well as of the Pitcairn Islands, a British Overseas Territory. Introduced in 1967, the New Zealand dollar replaced the older New Zealand pound, and is one of the 10 most-traded currencies in the world today. New Zealand dollars are administered by the Reserve Bank of New Zealand, and are usually abbreviated to ‘NZD’. In order to distinguish it from the number of other dollar currencies around the world, it is usually written as NZ$.
You can easily purchase NZD in India, by converting your Indian Rupees to New Zealand dollars, in the form of currency notes and forex cards. The denominations available in India are NZ$5, NZ$10, NZ$20, NZ$50 and NZ$100. The currency notes feature pictures of notable New Zealand personalities, creatures and geography. The NZ$1 coin features the image of a kiwi, which is why New Zealand dollars are also known as ‘Kiwi dollars’.
New Zealand dollars are very commonly used in international foreign exchange transactions - in fact, it contributed an amount as large as 2%* of the global foreign exchange market turnover as recently as 2013, making it the 10th most-traded currency in the world. DoorstepForex.com offers the best foreign exchange rates for NZD, across all the major cities of India. You can purchase the New Zealand dollars as well as sell back the same in India to convert NZD to Rupee with ease.
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