Convert New Zealand Dollar to British Pound Sterling
Please provide values below to convert New Zealand Dollar [NZD] to British Pound Sterling [GBP], or Convert British Pound Sterling to New Zealand Dollar.
How to Convert New Zealand Dollar to British Pound Sterling
1 NZD = 2.25479600108079 GBP
Example: convert 15 NZD to GBP:
15 NZD = 15 × 2.25479600108079 GBP = 33.8219400162118 GBP
New Zealand Dollar to British Pound Sterling Conversion Table
New Zealand Dollar | British Pound Sterling |
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.