Currency: The monetary currency in New Zealand is the New Zealand dollar. The New
Zealand dollar is divided as follows: $5, $10, $20, $50 and $100 notes, and 10c, 20c,
50c, $1 and $2 coins. If you would like to have New Zealand dollars on you before
departing the USA, you can order them through your bank (most likely for a fee). For
initial convenience, we recommend you bring approximately 100 NZD$ with you from
home. Tourists reaching New Zealand without foreign currency can obtain it through any
bank or ATM machine. One of the best ways to get local currency is to use a debit card
in an ATM within New Zealand. Usually, the bank fee rate will be used for currency
exchange rather than the local tourist rate. The ATM will give the option to charge your
account in New Zealand dollars or your home currency; select New Zealand dollars to
obtain the most preferential rate. It is advisable to keep receipts of currency exchanged
in case it is necessary to reconvert back into dollars before leaving the country. Always
check with your bank before your departure to find out their fees and in case they have
special instructions for your usage of an ATM in another country. Let them know the
country you will be in, and the dates you will be there. Don’t forget to include any
connecting airports. There are currency exchanges in the airport and towns of New
Zealand. Fees will vary, but these are usually not the most economical.
It’s handy to have a currency converter app on your mobile device and there are several
to choose from in the App Store. If you wanted a printed copy of current currency
conversions from USD to NZD$ or vice versa, you could find a good chart on the Oanda
website. www.oanda.com/currency/converter/.
Budgeting: To help you budget, food and drink can often cost more than at home. As in
the US, prices are changing frequently, so what is shown here is just a guide. The
approximate cost of soft drinks or coffee is 5-6 NZD$; salad or sandwich with soda or
water, 15 NZD$ and upward; dinner at a mid-range restaurant with dessert and on-
alcoholic beverage, 30 NZD$ and upward. You will need money for meals that are not
included as well as beverages, local guide gratuities, shopping, and incidental
expenses. You might want to budget 75-100 NZD$ per day per person. It’s a good idea
to have plenty of $5 and $10 notes and $1 and $2 coins with you. A good back up can
be USD singles and fives. In a pinch, you can use these for tips although they are not
preferred, and you will not be able to use them in shops and restaurants.
Credit Cards & Travelers Checks: Mastercard, Visa, and American Express are widely
accepted. If bringing an American Express, you may want to bring a second type of
card in case an establishment does not accept American Express. Before you travel, be
sure to let your bank know the country(s) that you may use your card in to avoid a fraud
alert. You will need a PIN number for any ATM cards or to use a credit card for a cash
withdrawal. Do not bring travelers checks, they are increasingly difficult to use.