Course GBP(British Pound)-NZD(New Zealand Dollar) for today
Quotes GBP/NZD for today .
British Pound
The United Kingdom's central bank is the Bank of England. As the fourth most traded currency, the British Pound is the third most held reserve currency in the world. Common names for the British Pound include the Pound Sterling, Sterling, Quid, Cable, and Nicker.
- Central bank: The Bank of England
- The pound is the world’s oldest currency still in use and was the de facto global currency until WW II.
- The economy of Great Britain (or the United Kingdom) is the third largest in Europe, after Germany and France.
- Napoleon famously called the UK “a nation of shopkeepers”. Banking, insurance, and business services still account for a large proportion of the British GDP.
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.