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Currency



Foreign currency can easily be exchanged at banks, some hotels and Bureau de Change kiosks, which are found at international airports and most city centres.

NZ has a decimal currency system based on dollar and cent dominations.

Notes: $5, $10, $20, $50, $100

Coins: 10c, 20c, 50c, $1, $2

Major credit cards such as American Express, Bankcard, Mastercard, Visa and Diners Club are widely accepted. 

There is no restriction on the amount of foreign currency that can be brought in or taken out of New Zealand. However, every person who carries more than NZ$10,000 in cash in or out of New Zealand is required to complete a Border Cash Report.



You can calculate the value of your currency in NZ Dollars using the newzealand.com currency converter. The rate you are offered in your home country is likely to differ slightly. The Reserve Bank of New Zealand provides a monthly online summary of the New Zealand Dollar’s average value against the US Dollar, the Pound, the Australian Dollar, the Yen and the Euro.

 

 

Useful Links

 

www.newzealand.com

 

www.rbnz.govt.nz

 

www.xe.com

 

www.exchange-rates.org

 

 


Goods and Services Tax

A Goods and Services Tax (GST) of 12.5% is applied to the cost of all goods and services in New Zealand, except for purchases at Duty Free Shops.
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