Niue dollar

Niue dollar
Niue dollar
Dollar
ISO 4217 code none
User(s)  Niue
Pegged by New Zealand dollar at par
Subunit
1/100 cent
Symbol $
cent c
Coins 10c, 20c, 50c, $1, $2 (New Zealand coins only)
Banknotes $5, $10, $20, $50, $100 (New Zealand notes only)
Central bank Reserve Bank of New Zealand
Website www.rbnz.govt.nz
Printer Note Printing Australia (provides base polymer note material)
Website www.noteprinting.com
Mint New Zealand Mint

Niue, a dependency of New Zealand, uses the New Zealand dollar rather than its own specific currency. However, it does issue coins for the collectors market to earn some extra funding.

Before the creation of the New Zealand dollar, Niue was a user of the pound sterling and the very early commemorative coins of Niue were in pound or shilling increments.

Niue first began issuing coins in 1966, though these have been mostly bullion and non-circulating base metal commemorative issues. For all practical purposes the Niue dollar is not a true currency, and was never intended to be an official circulating coinage, however, they are acceptable as legal tender within Niue.

Contents

Coins

In 2009, Niue began issuing its first standard five coin set in denominations of 5, 10, 20, 50 cent and 1 Dollar. They are the same size, coloration, and relative weight as the corresponding New Zealand coins but of different metallic composition. They are also of the same exact size and composition as the Pitcairn Islands coins except that the set lacks the $2 piece found in both of the former.

All of the standard set coins bear images relevant to the country, surrounded by a distinct border.


The images of the reverse of the official set are as follows:

5 CENTS: Two Humpback Whales

10 CENTS: Crab

20 CENTS: Scuba Divers

50 CENTS: Native Outrigger Canoe

1 DOLLAR: Swordfish, in 2010 – image of native plants.

All coins of Niue depict on the obverse the national crest or an image of Queen Elizabeth II.

see also

References

External links


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