Convert New Zealand Dollar to US Dollar

2 New Zealand Dollar (NZD) = 1.44 US Dollar (USD)

Thursday, February 23, 2017 11:33 AM

2 NZD =
1.44 USD

NZDUSD graph

Currencies rates online for New Zealand Dollar (NZD) to US Dollar (USD).

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In order to convert currencies, please go to US Dollar (USD) to New Zealand Dollar (NZD).

The currency converter uses the latest Forex exchange rates.


NZD – New Zealand dollar

The New Zealand dollar (symbol: $; currency code: NZD) is the official currency of the Realm of New Zealand and of the Pitcairn Islands. It is sometimes abbreviated as NZ$ to distinguish between it and other dollar-denominated currencies. One (1) dollar is equal to one hundred (100) cents.

The New Zealand dollar is among the ten most heavily traded currencies worldwide. It is frequently referred to by traders as the “kiwi” due to the association between New Zealand and the indigenous bird, which is also depicted on the one-dollar coin.


USD – United States dollar

The U.S. dollar (symbol: $; currency code: USD) is the official currency of the United States of America and its overseas territories. One (1) US dollar is equal to one hundred (100) cents.

The U.S. dollar is a Federal Reserve Note and the world’s dominant reserve currency. As such, it is the most converted currency in the world and the currency most used in international transactions. In addition, it features as the standard currency in the commodity market, having a key impact on commodity prices, and is the most popular and heavily traded currency in the forex market.

Background
The dollar was adopted as the official money unit of the United States in 1785. The federal monetary system was established following the Coinage Act of 1792, which also created the first U.S. Mint. Paper currency was first issued by the U.S. government in 1862 in order to finance the Civil War. The first $10 Federal Reserve notes were issued in 1914, but it was not until 1929 that the U.S. currency began to feature the standard portraits on the front and monuments and emblems on the back of all bills.