The New Zealand pound was the legal tender currency of New Zealand prior to decimalization in 1967. Like the pre-1971 British pound sterling it was based on, it was divisible into twenty shillings of twelve pence each. Decimalization refers to any process of converting from traditional units, usually of money, to a decimal system. ... Jump to: navigation, search 1967 was a common year starting on Sunday of the Gregorian calendar. ... Jump to: navigation, search The pound sterling is the official currency of the United Kingdom (UK). ...
The decision to convert to a decimal currency included a one-for-two "split" as had been the case in Australia the previous year; NZ£1 could be exchanged for NZ$2, or more simply, 10/- for $1. This allowed continued usage of much of the still extant "silver" coinage:
crown (5/-) = 50¢
florin (2/-) = 20¢
shilling (1/-) = 10¢
sixpence (0/6) = 5¢
See also:New Zealand dollar Jump to: navigation, search A New Zealand $100 polymer banknote, replacement of the old paper notes. ...
Although NewZealand’s economy is still heavily dependent on the agricultural sector, 86 per cent of the population is urbanized; just under half the population lives in the four largest cities and their environs.
The governor-general is the monarch’s appointed representative in NewZealand.
NewZealand was given its name by an unknown Dutch mapmaker, after the Dutch navigator Abel Janszoon Tasman became the first European to reach the islands in 1642; Zeeland was, at the time, a noted maritime province of the Netherlands.
Feeds |
Contact