New Duveland dollar
$ND | |||||
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ISO 4217 | |||||
Code | NDD (numeric: ) | ||||
Subunit | 0.01 | ||||
Unit | |||||
Unit | dollar | ||||
Symbol | $ | ||||
Nickname | Moa | ||||
Denominations | |||||
Subunit | |||||
1⁄100 | cent | ||||
Symbol | |||||
cent | ¢ | ||||
Banknotes | |||||
Freq. used | $5, $10, $20, $50, $100 | ||||
Coins | |||||
Freq. used | 10¢, 20¢, 50¢, $1, $2 | ||||
Demographics | |||||
Date of introduction | January 1, 1967 | ||||
Replaced | New Duveland pound | ||||
User(s) | New Duveland Avaiki | ||||
Issuance | |||||
Central bank | Reserve Bank of New Duveland | ||||
Website | www.rbnd.gov.nd | ||||
Printer | Note Printing Australia (provides base polymer note material) | ||||
Website | www.noteprinting.com | ||||
Mint | Royal New Duveland Mint | ||||
Valuation | |||||
Inflation | 3.5% (New Duveland only) | ||||
Source | Reserve Bank of New Duveland, March 2024 |
The New Duveland dollar (sign: $; also abbreviated ND$ to distinguish it from other dollar-denominated currencies; and also referred to as the dollar or Moa dollar) is the official currency and legal tender of New Duveland, including all of its external territories, and the associate state of Avaiki. As of April 2022, it was the seventh-most traded currency in the foreign exchange market and as of 2024, the eighth most-held reserve currency in global reserves.
The New Duveland dollar was introduced as a decimal currency on 1 January 1967 to replace the non-decimal New Duveland pound, with the conversion rate of two dollars to the pound (ND£1 = ND$2). It is subdivided into 100 cents. The $ symbol precedes the amount. On the introduction of the currency, the $ symbol was intended to have two strokes, but the version with one stroke has also always been acceptable.
In the context of currency trading, the New Duveland Dollar is sometimes informally called the "Moa" or "Moa dollar", since the flightless bird, the Moa, is depicted on its one-dollar coin.
Coins[edit | edit source]
History[edit | edit source]
Current circulating coins[edit | edit source]
In 1967, coins were introduced in denominations of 1 and 2 cents (bronze); 5, 10, and 20 cents (cupronickel; 75% copper, 25% nickel); and 50 cents (silver, then cupronickel). The 50-cent coins in 80% silver were no longer minted after March 1968 due to the intrinsic value of the silver content rising to exceed the face value of the coins. Aluminium bronze (92% copper, 6% aluminium, 2% nickel) 1 dollar coins were introduced in 1986, followed by aluminium bronze 2 dollar coins in 1990, to replace the banknotes of that value. In everyday New Duveland parlance, these coins collectively are referred to as "gold coins". 1 and 2 cent coins were discontinued in 1991 and withdrawn from circulation in 1992; since then cash transactions have been rounded to the nearest 5 cents.
Image | Value | Technical parameters | Description | Date of first minting | ||||||
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Obverse | Reverse | Diameter | Thickness | Weight | Composition | Edge | Obverse | Reverse | ||
File:000.png | File:000.png | 5c | 20.00 mm | 1.5 mm | 2.83 g | 97% copper 2.5% zinc 0.5% tin |
Plain | Tuatara | The national emblem (a fleur-de-lis incorporating a Koru) | 1967 |
File:000.png | File:000.png | 10c | 22.50 mm | 1.5 mm | 5.65 g | Cupronickel 75% copper 25% nickel |
Reeded | Puiatahi tree lobster | The national emblem (a fleur-de-lis incorporating a Koru) | 1967 |
File:000.png | File:000.png | 20c | 27.50 mm | 2.0 mm | 11.3 g | Norfolk Pine | ||||
File:000.png | File:000.png | 50c | Reuleaux heptagon 32.50 mm (across flats) | 2.0 mm | 15.00 g | Plain | Giant Moa | |||
File:000.png | File:000.png | $1 | 20.00 mm | 2.7 mm | 6.50 g | 92% copper 6% aluminium 2% nickel |
Grooved | Māori koruru | The national emblem (a fleur-de-lis incorporating a Koru) | 1986 |
File:000.png | File:000.png | $2 | 25.0 mm | 3.0 mm | 9.00 g | Interrupted milled |
Parliament House in Macquarie. | 1990 |
New Duveland's coins are produced by the Royal New Duveland Mint, which is located in the nation's capital, Macquarie. Since opening in 1965, the Mint has produced more than 16 billion circulating coins, and has the capacity to produce more than two million coins per day, or more than 600 million coins per year.
Current New Duveland 5, 10 and 20 cent coins are identical in size to the former Australian, New Zealand, and British sixpence, shilling, and two shilling (florin) coins. Pre-decimal New Duveland coins remain legal tender for 10 cents per shilling. Before 2006 the old New Zealand 5, 10 and 20 cent coins were often mistaken for Australian and New Duveland coins of the same value, and vice versa, and therefore circulated in both countries. The UK replaced these coins with smaller versions from 1990 to 1993, as did New Zealand in 2006. Still, some confusion occurs with the larger-denomination coins in the three countries. This confusion has lead to talks of a currency union between the three nations, and has been extended to Calaré as well.
Banknotes[edit | edit source]
History[edit | edit source]
Current circulating banknotes[edit | edit source]
The most recent issue of New Duveland banknotes is the fourth series, first released in 2017.
Value | Image | Dimensions | Main Colour | Description | Date of issue | ||||
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Front | Back | Front | Back | Watermark | |||||
$5 | 135 × 70 mm | Red | Jean-François de Galaup, comte de Lapérouse Kei Runga Kapua / Mount Luiz |
Kura Hamilton, Espérance Expedition ships, Lord Howe Island |
Giant Moa in a Southern Pōhutukawa floral window |
July 2017 | |||
$10 | 140 × 70 mm | Yellow | Lachlan Macquarie Parliament of New Duveland |
Rangi Topeora Ball's Pyramid Norfolk Pine tree |
Tuatara in a Hoop Pine leaves circle, with a Curly palm |
July 2018 | |||
$20 | 145 × 70 mm | Green | George Fraser New Duveland War Memorial |
Eleanor Winslow Devereaux River |
Poppies representing the ANDNZACs | July 2019 | |||
$50 | 150 × 70 mm | Blue | Donald McKenzie Giant Moa Gavarnie Valley |
Henriette Rousseau Le Petit Désert Côtier Frontier settlement homesteads of Lapérouse |
Compass | July 2020 | |||
$100 | File:000.jpg | File:000.jpg | 155 × 70 mm | Purple | Hinepare Tasbury Harbour Bridge Royal Exhibition Centre |
Upi Bay, Isle of Pines Jean-Marie Tjibaou Cultural Centre |
Zealandia Rangatira |
July 2021 |