Currency & Banking

Currency:
New Zealand Dollars (NZ$). Coins have values of 10, 20 and 50 cents and $1 and $2. Notes have values of $5, $10, $20, $50 and $100. 

Foreign currency can easily be exchanged at banks, New Zealand Post shops, some hotels and Bureau de Change kiosks, which are found at international airports and most city centers. Travelers cheque and most major international credit cards are accepted.

Banking Hours:
Bank hours are from 9.30am - 4.30pm Monday to Friday. International credit cards encoded with a PIN number may be used to withdraw cash from automatic teller machines (ATMs), widely available in the main shopping.

Goods & Services Tax (GST):
New Zealand has a goods and services tax (GST) of 12.5% which is charged on almost all goods and services and is typically included in the displayed price.

Please be aware that unlike many other countries, you cannot claim back tax on any purchases made in New Zealand. The only solution is to make your large purchases at duty free stores. To make a purchase you will need your passport and airline ticket or boarding pass.

Indicative Prices:
Petrol (Gasoline):    Average around NZ$2.20 per litre throughout New Zealand.
Diesel:                   Average around NZ$1.85 per litre throughout New Zealand
Milk:                      Approx. NZ$2.00 per litre
Bread:                   NZ$2.00 – NZ$3.50 per loaf
Stamp:                  NZ$0.50 per post card/letter – domestic
                            NZ$1.50 per post card - international
                            NZ$2.00 per letter – international
Big Mac:                 NZ$4.60 per burger
Newspaper:            NZ$1.70 per newspaper (Mon-Fri)
                            NZ$2.70 per newspaper (Sats)

Tipping in New Zealand:
New Zealanders do not expect tips for normal service - even in restaurants and bars. However, tipping for extra special service or kindness is at the discretion of the visitor. Hotels and restaurants in New Zealand do not add service charges to their bills.