New Zealand Currency

Unit of Currency: New Zealand Dollar (NZ$)

Denominations:Coins: 10c, 20c, 50c,
$1 , $2 ; Notes: $5 , $10 , $20 , $50 , $100

Credit Cards:All major credit cards accepted

Travellers Cheques:Are accepted at many hotels and tourist stores

ATMs: New Zealand has an advanced banking system - with a huge network of ATMs and EFTPOS (electronic funds transfer point of sale) facilities in most shops.  Most overseas credit cards can be used in New Zealand ATMs, providing they have a 4-digit encoded pin-number.

Banking Hours: Most banks are open between the hours of 9.30am and 4.30pm, Monday to Friday

GST:All services and goods in New Zealand are subject to a 12.5% Goods and Services Tax (GST). Generally prices are GST inclusive, unless specifically stated.

Bureau de Change: Bureau de Change kiosks and foreign exchange desks are located in most major centres.


Budgeting


The following gives an indication of the average prices you can expect to pay for certain goods and services - July 08:

PetrolApprox Price (NZ$) Litre 91 Unleaded (July 08)
$2.06

Snack
$2 -$5                  Restaurant Meal $20 -$45

Lunch
$5 -$10                Cappucino $3.00 -$4.00

Big Mac
$3.95                Glass of Beer/Wine $5 - $6


Products:

36 Exposure film
$7.95

Stamp for overseas postcard
$2.00

Daily newspaper
$1.50

Internet cafe
$5  per half hour

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Currency and Costs
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