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The obverse patterns of many of the cash featured Arnold Machin's portrait of Queen Elizabeth II, Together with the legend ELIZABETH II NEW ZEALAND [day]. The reverse sides of cash launched in 1967 did not Adhere to the designs which were at first meant for them. Those people modern artwork and sculpture themed designs had been leaked to the newspaper and satisfied a very unfavorable general public reaction. The final releases got far more conservative designs according to public anticipations.

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After achieving its article-float document substantial in early 2008, the value from the NZ$ plummeted all through A lot of the 2nd 50 % of 2008 and the very first quarter of 2009 as being a reaction to the global economic downturn and flight by traders far from "riskier" currencies including the NZ$.

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