The currency in New Zealand is the New Zealand Dollar (NZD, NZ$, or simply $), and is made up of 100 cents.  It is easily exchangable with all other major currencies and it is accepted throughout the country.

Note: For more in depth information on currency in New Zealand, visit the inbound tourists essential Information page.

The coins are 10 cents (copper), 20 cents, 50 cents (both silver), 1 dollar and 2 dollars (both gold)
The notes are 5 dollars (orange), 10 dollars (blue), 20 dollars (green), 50 dollars (purple) and 100 dollars (red).

As New Zealand doesn't have any 1 cent, 2 cent or 5 cent coins anymore (the 1c and 2c were withdrawin in 1990, the 5c in 2006), if you are paying in cash the total bill will be rounded to the nearest ten cents - amounts ending in 1,2,3,4c are rounded down to 0c, amounts ending in 6,7,8,9c up to 10c, and 5c can be rounded either up or down (usually down). Payments by credit card or EFTPOS will be charged to the exact cent.

Goods and Services Tax (GST) of 15% is included in the shelf price of all goods. You cannot claim back this tax when leaving New Zealand. There are however Duty Free stores which are GST-free. These can be found in most airports and main tourist centres.

ATMs (cash machines) are available in most towns. Bank branches are located in main towns usually open from 9:00am to 4:30pm Monday to Friday. Some branches in major cities may open on Saturday morning. The major banks are ANZ, ASB, Bank of New Zealand (BNZ), KiwiBank, and Westpac. Some ANZ branches are branded as The National Bank - National was absorbed into ANZ in 2012, and the National Bank brand is gradually being phased out.

New Zealand has a very high penetration of electronic transactions - 75 percent of all retail transactions in New Zealand are settled by debit card ("EFTPOS" - Electronic Funds Transfer at Point Of Sale) and virtually all brick-and-mortar stores have EFTPOS facilities. The majority of them will also accept major credit cards (namely Visa and Mastercard).


By way of information, you certainly have an opportunity to save yourself money on currency exchanges using the many available ATM machines.  Most currency exchanges give fairly unfavorable rates and then add a fee or commission to the transaction (you will usually see them "buying" currency for 3-6% less than it is worth and "selling" you NZ Dollars for 3-6% more than they are worth, then adding a fee of $2-10).  For those who use, say Bank of America, you can use WestPac Bank ATMs with no ATM fees or charges and a fair exchange rate (with no fees or commissions).  There are also a fair amount of Citi ATMs there and in Australia.  Two other benefits: you will be traveling with less cash and you can take out only the amount of money you actually need - preventing you from being stuck holding a bunch of NZ Dollars or getting a poor exchange back at the end of your trip.