Currency · Live data
New Zealand Dollar
NZDNew Zealand · Issued by Reserve Bank of New Zealand
Price (USD)
$0.587406
Inflation (2024)
+2.92%
10y M2 change
+87%
M69 Score
84.6
First central bank to formally target inflation (1989)
Market Cap (USD)
$252.62B
via M2 · 2024
M2 (local currency)
430.06B NZD
current LCU
CPI YoY (2024)
+2.92%
World Bank · annual
Country
New Zealand
ISO 4217 · NZD
Last Update
2026-04-25
Daily ingest · 02:00 UTC
New Zealand Dollar M2 money supply
Broad money in NZD (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.
New Zealand Dollar inflation history
Annual CPI YoY since 2001 — World Bank consumer price index for New Zealand. Inflation volatility is one of three inputs into the Money2069 sound-money score.
Purchasing power calculator
How much would your New Zealand Dollar be worth today if you'd held it since…?
100 NZD in 2001 buys today
17.65 NZDworth of goods
Lost 82% of purchasing power since 2001.
To match 2001 purchasing power, you need today
566.48 NZD
69 years of cumulative inflation.
Calculation: cumulative product of (1 + CPI YoY) from the chosen year through 2024. Source: World Bank consumer price index (annual). Daily-refreshed.
Data sources & methodology
- FX (USD):
- Frankfurter / ECB · daily
- CPI YoY:
- World Bank FP.CPI.TOTL.ZG · annual
- M2 broad money:
- World Bank FM.LBL.BMNY.CN · annual (LCU)
- Market cap (USD):
- M2 / FX rate · daily
- 10-year M2 change:
- (M2 today / M2 10y ago) − 1
- M69 score:
- Weighted: CPI (50%), 10y M2 growth (40%), 1y FX stability (10%)
- Last fetched:
- 2026-04-25 15:51:21
- Country code (ISO 3166-1):
- NZL
Note: First central bank to formally target inflation (1989)
Raw data: /api/v1/currencies/current/NZD
Frequently asked questions
Who issues the New Zealand Dollar?+
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. As the monetary authority for New Zealand, it sets policy interest rates, manages foreign reserves, and controls the money supply.
What is the inflation rate of the New Zealand Dollar?+
Latest available consumer price inflation for the New Zealand Dollar: 2.92% YoY (2024). Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.
Has the New Zealand Dollar been debased?+
Every fiat currency loses purchasing power over time as central banks expand the money supply. M2 has grown by approximately 87% over the past decade. Combined with cumulative inflation, this is the gap between NZD as accounting unit and NZD as a store of value.
Is the New Zealand Dollar sound money?+
On the Money2069 0–100 sound-money scale, the New Zealand Dollar currently scores 84.6. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.
How does the New Zealand Dollar compare to gold or the US dollar?+
Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.
How often is this data updated?+
We pull fresh exchange rates daily from Frankfurter (ECB-sourced) and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.