Convert New Zealand Dollar to Congolese Franc
Please provide values below to convert New Zealand Dollar [NZD] to Congolese Franc [CDF], or Convert Congolese Franc to New Zealand Dollar.
How to Convert New Zealand Dollar to Congolese Franc
1 NZD = 0.000578502293264199 CDF
Example: convert 15 NZD to CDF:
15 NZD = 15 × 0.000578502293264199 CDF = 0.00867753439896298 CDF
New Zealand Dollar to Congolese Franc Conversion Table
| New Zealand Dollar | Congolese Franc |
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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.
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.