Currency, Banking and Goods & Services Tax (GST) Information

Currency

New Zealand's unit of currency is the New Zealand dollar (NZ$). Coins have values of 5, 10, 20 and 50 cents, $1 and $2. Notes have values of $5, $10, $20, $50 and $100.

There is no restriction on the amount of foreign currency that can be brought in or taken out of New Zealand. However, every person who carries more than NZ$10,000 in cash in or out of New Zealand is required to complete a Border Cash Report.

Foreign currency can easily be exchanged at banks, some hotels and Bureau de Change kiosks, which are found at international airports and most city centres.

All major credit cards can be used in New Zealand. Travellers Cheques are accepted at hotels, banks and some stores.

You can calculate the value of your currency in NZ Dollars by visiting the XE currency converter (please note Hawke's Bay Inc. is not responsible for any content visible on this 3rd party website). The rate you are offered in your home country may differ slightly.

The Reserve Bank of New Zealand provides a monthly online summary of the New Zealand Dollar's average value against the US Dollar, the Pound, the Australian Dollar, the Yen and the Euro.
..............................................................................................................................................................................
Banking

Banks are open from 9.30am to 4.30pm Monday to Friday.
Automated Teller Machines (ATM) are widely available at banks, along main shopping streets and in malls and can be assessed 24 hours. International credit cards and ATM cards will work as long as they have a four-digit PIN encoded.

We suggest you check with your bank before leaving home.
..............................................................................................................................................................................
Goods and Services Tax

All goods and services are subject to a 12.5 percent Goods and Services Tax (GST) included in the displayed price. Visitors cannot claim this tax back, however when a supplier ships a major purchase to a visitor's home address the GST will not be charged.