What is NZD/USD?

Dollar) '. The NZD is the abbreviation for the New Zealand dollar and U.S. dollar (NZD/USD) currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one New Zealand dollar (the base currency). Trading the NZD/USD currency pair is also known as trading the "Kiwi.". Next Up.

What is the abbreviation for New Zealand currency?

Within New Zealand, it is almost always abbreviated with the dollar sign ($). "$NZ" [1] or "NZ$" are sometimes used when necessary to distinguish it from other dollar -denominated currencies. Introduced in 1967, the dollar is subdivided into 100 cents.

What is NZD money made of?

NZD is made up of 100 cents and is often represented by the symbol $ or NZ$ to set it apart from other currencies based in dollars. The money also sees use in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. The New Zealand Dollar is often commonly referred to as a kiwi because of the national bird found stamped on the one-dollar coin.

What are reciprocal currencies NZD and GBP/USD?

The New Zealand Dollar (NZD) is the currency abbreviation for the currency of New Zealand. A reciprocal currency is a currency pair that involves the U.S. dollar (USD) without the USD serving as the base currency. GBP/USD is the abbreviation for the British pound and U.S. dollar (GBP/USD) currency pair or cross.