Course EUR(Euro)-NZD(New Zealand Dollar) for today

Euro

The central bank in Europe is called the European Central Bank (ECB). Currently, 17 EU member states have adopted the Euro. It is the second-most traded currency on the forex market, after the US Dollar, and also a major global reserve currency. Other common names for the Euro include Yoyo (Irish English), Leru (Spanish), and Ege (Finnish).

• Central bank: The European Central Bank
• The euro is used by over 320 million Europeans and 17 nations in the eurozone (euro area).
• Over 175 million people use currencies pegged to the euro, such as the Danish krona (DKK) and West African CFA franc (XOF).
• Eurozone economies vary widely. Germany is the largest economy, and a leading world exporter. Other economies (Ireland, Greece) endure sovereign debt and severe government austerity measures.

New Zealand Dollar

Introduced in 1840, the New Zealand Pound was the first official currency of New Zealand. Until that point, both British and Australian coins circulated in New Zealand, and continued to do so until 1897. The Pound banknotes were produced by the six different trading banks until 1924, when a single uniform design was implemented. A decade later, the Reserve Bank of New Zealand was established.

• Central bank: The Reserve Bank of New Zealand
• The New Zealand dollar (also called the kiwi) replaced the New Zealand pound in 1967.
• In the past two decades New Zealand has transformed from an agrarian economy to a globally competitive, industrialized, free market economy.
• New Zealand exports include dairy products, meat, wood and wood products, fish, and machinery.
• The New Zealand dollar is among the 10 most-traded currencies.