New Zealand Money
New Zealand is a relatively safe place to carry reasonable amounts of cash, and currency is easy to exchange. Otherwise, most travellers will find major credit cards are commonly accepted in most places.
Currency, Changing Your Money, Money Tips, Price Guide, Tipping
Currency
Name:
New Zealand Dollar
Symbol:
NZ$
New Zealand's banknotes all feature eminent people from the country's history and come in denominations of 5, 10, 20, 50 and 100 dollars.
The New Zealand dollar is made up of 100 cents - there are coins in denominations of 10 cents (copper coloured), 20 and 50 cents (both silver coloured) and 1 and 2 dollars (gold coloured). They all feature various emblems, flora and fauna - the kiwi adorns the one dollar coin.
Changing Your Money
The currencies of Australia, the UK, USA, Canada, Germany and Japan are all easily changed in New Zealand. Moneychangers (bureaux de change) can be found in most major tourist areas and airports. You'll have no trouble with the major travellers cheques and credit cards are commonly accepted. Banks will give cash advances on Visa and MasterCard, but for American Express card transactions you must go to an American Express office. Most ATMs offer access to overseas savings accounts via networks such as Cirrus, Maestro and Plus.
Money Tips
It's possible to travel economically in New Zealand. Budget travellers can expect to get by on less than US$40.00 a day if camping or staying in hostels and self-catering. Motor camps and motels all have kitchens for guests' use, so staying in these also gives you the option of doing your own cooking. One of the main reasons people come to New Zealand is to participate in the activities the country is known for. Some cost nothing - tramping, swimming, birdwatching - but as so many enjoyable activities are expensive, they can end up being a major part of your travel budget. If you stay in hotels, eat at restaurants and spend money on rafting, bungy jumping and the like, be prepared to outlay about US$100.00 a day.
Sample Price Guide
| glass of local tap beer |
NZ$ 3.80 |
| litre of petrol |
NZ$ 1.60 |
| small bottle of water |
NZ$ 2.50 |
| small bottle of beer |
NZ$ 3.50 |
| souvenir t-shirt |
NZ$ 20.00 |
| meat pie |
NZ$ 3.00 |
| cup of coffee |
NZ$ 3.50 |
| movie ticket |
NZ$ 15.00 |
| motel/hotel double |
NZ$ 100.00 |
Average Room Prices
|
Low |
Mid |
High |
Deluxe |
NZ$15-30 |
NZ$30-80 |
NZ$80-150 |
NZ$150+ |
Average Meal Prices |
Low |
Mid |
High |
Deluxe |
NZ$7-15 |
NZ$15-35 |
NZ$35-50 |
NZ$50+ |
Tipping
Tipping is becoming more widespread in New Zealand, principally in the major centres where there's been more foreign influence. However, it's certainly not expected in any restaurant. You should tip 5-10% of the bill in a restaurant (not in a simple café) if you feel you have received exceptional service.