Session information

Currency and exchange rates

New Zealand's unit of currency is the New Zealand dollar (NZ$). Coins have values of 5, 10, 20 and 50 cents, NZ$ 1 and NZ$ 2; notes have values of NZ$ 5, NZ$ 10, NZ$ 20, NZ$ 50 and NZ$ 100.

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.

Foreign currency can be exchanged at banks, some hotels and Bureau de Change kiosks, which are found at the international airport and throughout the city.

All major credit cards can be used in New Zealand. Travellers cheques are accepted at hotels, banks and some stores.

Goods and services are taxed 12.5%. This tax is usually included in the advertised price.

As of 1 June 2006, the exchange rate is NZ$ 1.57=US$ 1.

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