Banknotes and coins
The Reserve Bank is the sole supplier of New Zealand banknotes and coins. We act as a wholesale distributor to the trading banks, and manage the design and manufacturing of the currency. We also withdraw damaged or unusable notes and coins to manage the quality of currency in circulation.
Cash use is falling, but some of us rely on it more than others. Retailers are not obliged to accept cash, although we urge providers of essential goods and services to do so. Declining cash use is one of several pressures on the cash system which involves the many organisations and individuals who move, store, and use cash. We are taking on the role of steward of the cash system to preserve the benefits of cash.
In this section you can learn more about our banknotes including how they circulate, how much is in circulation and how they are made.
This section includes information on the coins we used today, the history, design and number of mintings for imperial, decimal and commemorative coins.
Learn why it’s important to check your banknotes, and how to deal with suspicious money.
The Reserve Bank will always pay face value for currency that has been legally issued for use in New Zealand. This section explains what to do if you have old New Zealand currency, or banknotes and/or coins that have been damaged.
The Reserve Bank of New Zealand Act 1989 restricts the reproduction of banknotes and coins and the issue of ‘money-like products’. This section contains more information and guidelines which may be useful if you are planning to reproduce images of banknotes.
Research New Zealand, on behalf of the Reserve Bank, ran a survey in 2017 to get better insight into how we use cash in New Zealand.
The Reserve Bank has developed many useful resources to explain New Zealand currency. These include fact sheets, posters, videos and photos.