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Friday 8th July 2011 1 Comment

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The value of the New Zealand dollar on July 8 compared with immediately before it was floated in March, 1985, is:


March 1985 Today

Australia 62.40c 76.42c

Canada 61.20c 78.55c

Britain 41.50p 51.41p

Hong Kong $3.43 $6.37c

Japan 114.00yen 66.42yen

Singapore 99.0c $1.00c

Switzerland 1.26Sfr 0.69Sfr

US Dollar 44.00c 82.21c

Trade-weighted index 61.20 pts 71.90 pts

Today's currency readings taken from BNZ's sell rates.


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Comments from our readers

On 8 July 2011 at 8:28 pm chris said:
...26 years ago.....what does that prove....just get the OffShore Oil Wells sunk and pumping NZ's Future....
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