New Zealand's unit of currency is the New Zealand dollar (NZ$). Coins have values of 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.
Can I use my credit cards/ATM cards in NZ?
All major international credit cards can be used in New Zealand and Travellers Cheques are accepted at hotels, banks and some stores. If your credit card is encoded with a PIN number you will be able to withdraw cash from automatic teller machines (ATMs) situated at banks and shopping centres throughout the country.
Banking hours New Zealand
Many businesses and all banks operate only Monday to Friday. Banking hours are 9.30am to 4.30pm Monday to Friday and are closed on public holidays.
In most cities shops are open 7 days and particular in shopping malls. Towns will generally have a "general store" open Monday through Friday. Most stores catering for visitors are open every day with extended hours. Most petrol stations are open every day.
Automated Teller Machines (ATM) are widely available at banks, along main shopping streets and in malls.
Goods and Services Tax in New Zealand
All goods and services purchased in New Zealand are subject to 12.5% tax (similar to V.A.T.) This is usually included in the price. If you purchase goods which you do not plan to use until you return home, ask the retailer if they have the facility to export these for you either by arranging delivery to Customs at the airport or by posting, in which case the goods will be zero rated (free) of G.S.T.
New Zealanders do not depend on tips for their income and tips are not expected for normal service. When extra special attention has been received you may wish to show your appreciation.