NZD (New Zealand Dollar): What it is, How It Works, FAQs
The New Zealand dollar (NZD) is the official currency of New Zealand, made up of 100 cents and symbolized by $. It has a long history and colorful money. The value of NZD/USD pair is influenced by factors such as interest rate differentials, dairy prices, and tourism. The strength of the NZD fluctuates, but overall, it is considered a stable currency due to the strength of the New Zealand economy and its outlook. NZD is one of the most traded currencies in the world, and each banknote and coin features a bird and an important historical figure of New Zealand, with bright colors.
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