220:. This was estimated to take about 2 years after dimensions, metallic content and design were finalised. One of the primary bases for transitioning to metal coins was the expected life expectancy of the currency which approximated 20 years whilst costing approximately the same to produce. This would result in cost savings associated with printing and distribution of replacement bank notes which had a lower life expectancy of 6 to 7 months. In this change, 1 cent and 2-coins also ceased production as the cost of producing these bronze coins was greater than the face value of the coins themselves, being approximately 1.6 cents and 2.3 cents in cost to produce 1 cent and 2 cent coin coins respectively (see article "
181:
issue, first issue and second issue notes utilised the imperial system denominated as pound, shillings, and pence. Alongside the one-dollar note the Third Issue included $ 2, $ 5, $ 10, $ 20, and $ 100 notes. The one-dollar note continued production in the Fourth Issue in 1981 until its removal alongside the two-dollar note in mid-1991 from the Fifth issue. The beginning of New
Zealand’s transition to a decimal system official started when the Decimal Currency Act was passed in 1964. Discussions on decimalisation started in the mid-1950s and a Decimal Coinage Committee was set up in May 1957.
208:
number identification. It featured significantly less security and anti-counterfeit features compared to the current series 7 notes in circulation. Series 7 anti-counterfeit measures such as the transparent window, metallic numbers, metallic imagery, and polymer embossing were features that were not included within the series 3 one-dollar notes. Series 3 one-dollar notes were also printed on cotton based-paper which limited the introduction of security features that were on Series 6 and Series 7 banknotes which were printed on polymer substrates.
101:
69:
190:
and identity of New
Zealand as a separate entity from its historical identity as a colony of Britain. The design and features on the first Series 3 bank notes, including the one-dollar note, was led by a six-person design committee appointed in 1964 which included members Alexander McLintock, Stewart Bell Maclennan and Professor John Simpson. This self-identity translated into the design of the one-dollar note which featured Queen Elizabeth II on the obverse and a New Zealand fantail and
199:
consultations also included criteria such as "developing notes that were visually rich and appealing to a wide cross-section of the community", "developing notes that reinforced positive aspects of the national identity", "having a bi-cultural perspective on the notes" and notes that were politically neutral. This resulted in the Queen only being present on the $ 20 note of the Series 4 issue.
194:
flowers on the reverse. This ‘dual concept’ of national identity was also featured on the rest of other series 3 notes which typically included Queen
Elizabeth II on the obverse and flora and/or fauna on the reverse. The engraving of Queen Elizabeth II used in the one-dollar note and other Series 3
176:
The first New
Zealand banknotes started development in 1932 and were issued in August 1934. This was known as the Series 1 or the first issue of bank notes which were denominated in pounds and the imperial system. The second issue was issued on 6 February 1940 and also utilised the imperial system.
189:
The note design of the third issue and consequently the one-dollar note was influenced and consistent with the themes, iconography and ideals that formed Series 1 and Series 2 notes. Earlier round issues sourced its iconography and designs from the public self-image that saw a growing independence
138:
was introduced on 10 July 1967 as part of the
Reserve Bank of New Zealand’s third issue round. The third issue round was the first round in which the official currency was denominated in dollars and utilised the decimal system. First issue and second issue rounds were valued in pounds and utilised
207:
The features of the New
Zealand one-dollar note were limited compared to the current Series 7 banknotes. It featured a serial number on the top right corner and lower left quadrant of the obverse. Security and counterfeit measures were mainly limited to the printing processes involved and serial
180:
The New
Zealand one-dollar note was first issued by the Reserve Bank of New Zealand as part of the central bank’s third issue round on 10 July 1967. This was the first time in which the official New Zealand currency was denominated in dollars and utilised the decimal system. Prior to the third
198:
The designs, icons and imagery was relatively consistent between Series 1 through to Series 4 which presented the 'dual concept' of national identity until Series 5 onwards which were to have a "a uniquely New
Zealand quality to the notes". This change which was a result of extensive public
1173:
446:
346:
825:
752:
1235:
1018:
439:
1156:
1189:
1168:
1230:
785:
1161:
403:
432:
719:
1130:
745:
601:
216:
One-dollar and two-dollar bank notes were officially announced for replacement on 17 August 1988 by then
Associated Finance Minister hon.
1199:
1079:
1057:
876:
851:
573:
545:
1204:
381:
1225:
1151:
1089:
315:
177:
There has been 7 different series of notes issues with the seventh issue (issued in 2015) being the one currently in circulation.
1240:
948:
241:
1194:
1023:
883:
738:
507:
866:
563:
871:
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276:
1069:
893:
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553:
520:
1115:
1045:
953:
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714:
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616:
611:
558:
535:
530:
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281:
246:
217:
148:
144:
140:
1028:
991:
965:
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677:
100:
68:
1146:
888:
672:
667:
621:
515:
221:
1084:
1040:
1001:
931:
647:
485:
1125:
1094:
1033:
1006:
996:
761:
643:
139:
the imperial system. The one dollar-note was officially removed from circulation in 1991, along with the
1120:
1074:
815:
790:
630:
936:
780:
1013:
970:
475:
164:
159:
116:
111:
958:
941:
846:
820:
467:
155:
79:
39:
915:
495:
1099:
1062:
637:
376:
251:
1219:
775:
805:
480:
810:
1050:
975:
800:
730:
316:"A litmus test for society: Reserve Bank decimal note designs 1967–2017"
424:
734:
428:
195:
notes was based on a 1960 photograph taken by
Anthony Buckley.
1174:
Australian and New Zealand Standard Industrial Classification
1182:
1139:
1108:
984:
924:
839:
768:
707:
657:
589:
582:
544:
506:
460:
124:
107:
93:
85:
75:
61:
53:
45:
34:
29:
151:coins had commenced production the previous year.
404:"Security features of New Zealand's banknotes"
746:
440:
8:
1190:Campaign Against Foreign Control of Aotearoa
1169:Trans-Pacific Strategic Economic Partnership
24:
16:Former denomination of New Zealand currency
753:
739:
731:
586:
447:
433:
425:
277:"The history of bank notes in New Zealand"
242:"The history of bank notes in New Zealand"
831:New Zealand property bubble, 1987–present
154:The New Zealand one-dollar note featured
720:Royal Numismatic Society of New Zealand
233:
23:
1236:1991 disestablishments in New Zealand
7:
341:
339:
309:
307:
305:
303:
301:
299:
271:
269:
1200:New Zealand Council of Trade Unions
1231:1967 establishments in New Zealand
826:Finance company collapses, 2006–12
382:Te Ara Encyclopedia of New Zealand
14:
949:New Zealand Trade and Enterprise
99:
67:
1195:New Zealand Business Roundtable
1:
954:Reserve Bank of New Zealand
816:Mother of all Budgets, 1991
715:Reserve Bank of New Zealand
408:Reserve Bank of New Zealand
355:Reserve Bank of New Zealand
323:Reserve Bank of New Zealand
282:Reserve Bank of New Zealand
247:Reserve Bank of New Zealand
136:New Zealand one-dollar note
89:1967, updated portrait 1981
1257:
966:Overseas Investment Office
1147:Closer Economic Relations
821:Leaky homes crisis, 2000s
222:New Zealand one-cent coin
98:
66:
1226:Banknotes of New Zealand
212:Removal from circulation
168:flowers on the reverse.
1241:One-base-unit banknotes
1002:New Zealand Dairy Board
486:Pitcairn Islands dollar
1131:International rankings
1019:Information technology
1007:New Zealand Wool Board
997:New Zealand Meat Board
762:Economy of New Zealand
583:Obsolete denominations
1205:New Zealand Institute
1152:Free trade agreements
377:"Coins and Banknotes"
158:on the obverse and a
1183:Unions and lobbyists
937:New Zealand Treasury
806:Rogernomics, 1984–90
455:New Zealand currency
1109:Economic conditions
971:Commerce Commission
811:Ruthanasia, 1990–93
476:Cook Islands dollar
254:on 17 February 2012
192:Clematis paniculata
165:Clematis paniculata
162:as well as several
117:Clematis paniculata
112:New Zealand fantail
26:
1090:Telecommunications
959:Official cash rate
942:New Zealand budget
847:New Zealand dollar
801:Think Big, 1979–84
796:Black Budget, 1958
786:IC&A Act, 1894
468:New Zealand dollar
156:Queen Elizabeth II
80:Queen Elizabeth II
49:Cotton-based paper
40:New Zealand dollar
1213:
1212:
916:New Zealand pound
728:
727:
703:
702:
496:New Zealand pound
314:Wright, Matthew.
132:
131:
54:Years of printing
1248:
852:Dollar banknotes
776:Vogel Era, 1870s
755:
748:
741:
732:
587:
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347:"Economic Notes"
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250:. Archived from
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1063:Licensing trust
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791:Wool boom, 1951
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141:two-dollar note
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781:Head tax, 1881
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708:Related topics
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472:Commemorative
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1070:Manufacturing
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46:Material used
44:
41:
37:
33:
30:(New Zealand)
28:
19:
1116:Social class
1046:Woodchipping
884:Dollar coins
687:
638:
411:. Retrieved
407:
398:
386:. Retrieved
380:
371:
359:. Retrieved
353:
326:. Retrieved
322:
286:. Retrieved
280:
256:. Retrieved
252:the original
245:
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197:
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188:
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153:
135:
133:
115:
18:
1080:Oil and gas
1058:Hospitality
1029:Aquaculture
992:Agriculture
644:Royal visit
590:Pre-decimal
481:Niue dollar
125:Design date
86:Design date
1220:Categories
1140:Agreements
925:Government
684:Banknotes
648:Coronation
631:Centennial
627:Half-crown
607:Threepence
228:References
149:two-dollar
145:one-dollar
25:One dollar
1085:Retailing
1051:Kauri gum
976:KiwiSaver
597:Halfpenny
546:Banknotes
492:Historic
413:9 January
388:9 January
361:9 January
328:9 January
288:9 January
258:5 January
57:1967–1991
1157:Malaysia
1041:Forestry
985:Industry
932:Taxation
840:Currency
639:Waitangi
617:Shilling
612:Sixpence
461:Currency
203:Features
21:Banknote
1126:Poverty
1095:Tourism
1034:Whaling
1024:Fishing
769:History
658:Decimal
636:Crown (
172:History
160:Fantail
120:flowers
94:Reverse
62:Obverse
1121:Income
1075:Mining
664:Coins
622:Florin
185:Design
108:Design
76:Design
1162:China
877:$ 100
602:Penny
574:$ 100
508:Coins
350:(PDF)
319:(PDF)
143:, as
35:Value
1100:Wine
1014:Beer
872:$ 50
867:$ 20
862:$ 10
569:$ 50
564:$ 20
559:$ 10
415:2022
390:2022
363:2022
330:2022
290:2022
260:2013
224:").
147:and
134:The
128:1967
114:and
909:$ 2
904:$ 1
899:50c
894:20c
889:10c
857:$ 5
693:$ 2
688:$ 1
646:) (
642:) (
554:$ 5
536:$ 2
531:$ 1
526:50c
521:20c
516:10c
1222::
678:5c
673:2c
668:1c
406:.
379:.
352:.
338:^
321:.
298:^
279:.
268:^
244:.
38:1
754:e
747:t
740:v
650:)
633:)
629:(
448:e
441:t
434:v
417:.
392:.
365:.
332:.
292:.
262:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
