New Zealand's official currency is the New Zealand Dollar (NZD or NZ$) in the following denominations:
Coins: 10c, 20c, 50c, $1 and $2.
Banknotes/Bills: $5, $10, $20, $50 and $100.
In a major currency overhaul, the 1c, 2c and 5c pieces were discontinued. Transactions today are rounded up or down when paying cash. For example, a purchase of $15.14 would be rounded down to $15.10, and a purchase of $15.16 would be rounded up to $15.20.
A few interesting features of the NZ dollar are the material, security features and sizes. New Zealand bills are printed on polymer plastic, which lasts 4 times longer than paper. Polymer is strong, non-porous, water-resistant, and prevents counterfeiting. Banknotes contain various security features such as raised printing, transparent window, shadow images, intricate backgrounds and metallic ink. Each denomination is a slightly different size to easily identify one amount from each other.
For more information and images of New Zealand currency, visit the website for the Reserve Bank of New Zealand.
This answer was last updated on 29 April, 2011.
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