Convert New Zealand Dollar to Salvadoran Colón
Please provide values below to convert New Zealand Dollar [NZD] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to New Zealand Dollar.
How to Convert New Zealand Dollar to Salvadoran Colón
1 NZD = 0.190975192105138 SVC
Example: convert 15 NZD to SVC:
15 NZD = 15 × 0.190975192105138 SVC = 2.86462788157707 SVC
New Zealand Dollar to Salvadoran Colón Conversion Table
| New Zealand Dollar | Salvadoran Colón |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.