CandleFocus Glossary Editor
Kiwi is the official colloquial name of the official currency of New Zealand, the New Zealand dollar (NZD). Kiwi first came into circulation in 1967 when the New Zealand government switched from the British monetary format of pounds, shilling, and pence to a dollar-based currency. In 1985, the New Zealand dollar was allowed to float freely and ever since it has fluctuated in value against other global currencies.
The most recognizable feature of the kiwi currency is the image of a kiwi bird which is printed on one of its coins and has been since 1967. This is why New Zealanders affectionately refer to their currency as the “kiwi”. Aside from its fame as a currency, the kiwi bird is also a very important symbol for the country of New Zealand and has been since the late 19th Century. These birds are native to New Zealand and their round flightless shape is unique among other flightless birds. 4
In 1999, the government of New Zealand introduced the modern kiwi dollar by producing polymer or plastic versions of the currency. This made the New Zealand currency notes more secure against counterfeiting and also enhanced their lifespan. The plastic notes are highly durable, being resistant to dirt, moisture and performance issues associated with circulation. 5
New Zealanders are passionate about their kiwi currency and it has become a symbol for the country. It is widely accepted in both New Zealand and abroad and its symbol of a kiwi bird illustrates the pride New Zealanders feel for their homeland. The kiwi dollar is a crucial part of New Zealand’s economy and citizens are proud of its strength and reliability.
The most recognizable feature of the kiwi currency is the image of a kiwi bird which is printed on one of its coins and has been since 1967. This is why New Zealanders affectionately refer to their currency as the “kiwi”. Aside from its fame as a currency, the kiwi bird is also a very important symbol for the country of New Zealand and has been since the late 19th Century. These birds are native to New Zealand and their round flightless shape is unique among other flightless birds. 4
In 1999, the government of New Zealand introduced the modern kiwi dollar by producing polymer or plastic versions of the currency. This made the New Zealand currency notes more secure against counterfeiting and also enhanced their lifespan. The plastic notes are highly durable, being resistant to dirt, moisture and performance issues associated with circulation. 5
New Zealanders are passionate about their kiwi currency and it has become a symbol for the country. It is widely accepted in both New Zealand and abroad and its symbol of a kiwi bird illustrates the pride New Zealanders feel for their homeland. The kiwi dollar is a crucial part of New Zealand’s economy and citizens are proud of its strength and reliability.