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Exchange rates for the Deutsche Mark in New Zealand / NZD 1 = DEM ... (buying) / up to 1998

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Time series key BBEX3.A.NZD.DEM.CM.AA.A04
Unit DEM
Dimension one
Timespan from 1976 to 1998
Last update 20.09.2023 12:50:10 PM
   
General Listed against the euro as of January 1999, see BBEX3:A:NZD:EUR:BB:AC:A04 (euro foreign exchange reference rates of the European Central Bank).
Methodology Calculated on the basis of mid-month and month-end rates.
Source Since August 1997: Bank of New Zealand, Wellington. 1976 - July 1997: Reserve Bank of New Zealand, Wellington.
   
Comment on 1984 With effect from 18 July 1984, the New Zealand dollar was devalued. We recorded the following exchange rates (buying/selling rate): 13 July 1984: NZD 1 = DEM 1.7756 / 1.7404 18 July 1984: NZD 1 = DEM 1.4324 / 1.4040 On the basis of the above-mentioned rates, the New Zealand dollar depreciated by 19.3%.
Comment on 1979 No exchange rate data are available for mid-March 1979.