New Zealand dollar
Noun
Meaning
the basic unit of money in New Zealand
Source: WordNetSynonyms
Hypernyms
Examples
Luxury real estate agent Bas Smith gave the example of a 25 million New Zealand dollar ($16 million) property at Wyuna Preserve — an exclusive, picturesque development out of Queenstown — which has a 600-square-meter basement that includes a cinema.
It involved floating the New Zealand dollar, cutting government spending, reducing most taxes and introducing a sales tax ( GST ), and removing most subsidies.
Niue uses the New Zealand dollar.
The New Zealand dollar is the official currency of the Cook Islands, adding to the confusion.
In the forex market, the New Zealand dollar is the strongest while the US dollar is the weakest.
The US dollar has suffered a miserable week, and the New Zealand dollar has taken full advantage, recording gains every day this week.