Convert Euro to New Zealand Dollar
Please provide values below to convert Euro [EUR] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Euro.
How to Convert Euro to New Zealand Dollar
1 EUR = 0.510904733373277 NZD
Example: convert 15 EUR to NZD:
15 EUR = 15 × 0.510904733373277 NZD = 7.66357100059916 NZD
Euro to New Zealand Dollar Conversion Table
| Euro | New Zealand Dollar |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.