Top Ten Traded Currencies of the World - Page 3

bindujain · 01-05-2013, 04:08 PM

Top Ten Traded Currencies of the World
10 The New Zealand Dollar

The New Zealand Dollar
With 1.6 percent share in daily currency transactions, the New Zealand dollar takes the #10 spot in the countdown. Even though Europeans became aware of the islands known today as New Zealand back in 17th century, New Zealand didn’t become a British colony until the mid-19th century.

And, with the Europeans, arrived paper money. During the 1800s, the gold, silver, and bronze British coins were circulating in New Zealand alongside the existing foreign coins (for example, Australian). The national currency was introduced in 1934 and, shortly after, the Reserve Bank of New Zealand (the country’s central bank) was created.

As of 1935, New Zealand became the last of the self-governing dominions of the British Commonwealth to introduce its own coinage.

01-05-2013, 04:08 PM	#21
bindujain VIP Member Join Date: Nov 2012 Location: MP INDIA Posts: 42,448 Rep Power: 144	Re: Top Ten Traded Currencies of the World Top Ten Traded Currencies of the World 10 The New Zealand Dollar The New Zealand Dollar With 1.6 percent share in daily currency transactions, the New Zealand dollar takes the #10 spot in the countdown. Even though Europeans became aware of the islands known today as New Zealand back in 17th century, New Zealand didn’t become a British colony until the mid-19th century. And, with the Europeans, arrived paper money. During the 1800s, the gold, silver, and bronze British coins were circulating in New Zealand alongside the existing foreign coins (for example, Australian). The national currency was introduced in 1934 and, shortly after, the Reserve Bank of New Zealand (the country’s central bank) was created. As of 1935, New Zealand became the last of the self-governing dominions of the British Commonwealth to introduce its own coinage. __________________ मैं क़तरा होकर भी तूफां से जंग लेता हूं ! मेरा बचना समंदर की जिम्मेदारी है !! दुआ करो कि सलामत रहे मेरी हिम्मत ! यह एक चिराग कई आंधियों पर भारी है !!