Convert Canadian Dollar to New Zealand Dollar
Please provide values below to convert Canadian Dollar [CAD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Canadian Dollar.
How to Convert Canadian Dollar to New Zealand Dollar
1 CAD = 0.816357100059916 NZD
Example: convert 15 CAD to NZD:
15 CAD = 15 × 0.816357100059916 NZD = 12.2453565008987 NZD
Canadian Dollar to New Zealand Dollar Conversion Table
| Canadian Dollar | New Zealand Dollar |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.