Convert New Zealand Dollar to Australian Dollar
Please provide values below to convert New Zealand Dollar [NZD] to Australian Dollar [AUD], or Convert Australian Dollar to New Zealand Dollar.
How to Convert New Zealand Dollar to Australian Dollar
1 NZD = 1.09142035051007 AUD
Example: convert 15 NZD to AUD:
15 NZD = 15 × 1.09142035051007 AUD = 16.3713052576511 AUD
New Zealand Dollar to Australian Dollar Conversion Table
| New Zealand Dollar | Australian Dollar |
|---|
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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.