The New Zealand dollar may be the national currency of the twin-island, Oceania nation, but other Pacific islands extensively use it. This has naturally made the New Zealand dollar a surprisingly popular and major currency for betting online. First introduced in 1967, when the country swapped from the New Zealand pound, NZD (as it is abbreviated) has a reputation for being the eleventh most traded currency, just outside the top ten.
New Zealand dollars account for 2.1% of world foreign exchanges, and the currency was once pegged to the US dollar. It has been allowed to float in recent times, and today, a single New Zealand dollar is worth roughly $0.70 in US dollars. Like most dollar-based currencies, coin denominations originally included 1c, 2c, 5c, 10c, 20c and 50c pieces, but now feature 10c, 20c, 50c, $1 and $2 denominations. Notes range from $5 up to $100 in value.
Below, you can find various New Zealand dollar casinos, all of which accept the currency via multiple payment methods.
The New Zealand dollar is arguably more widely available at online casinos than the Australian dollar. The value and simplicity of this currency make it a more attractive option for players in the Pacific, with even Asia-based players taking advantage of its availability. On top of that, virtually all major payment providers – even if they cannot be used in New Zealand – accept NZD transactions. Most of those appearing at New Zealand dollar casinos do not charge fees for deposits or withdrawals, either.
As mentioned, New Zealand may be the home of the NZD, but it is not the only country, region, or territory to officially use it, as you will see.
The New Zealand dealer is also the official currency of these island nations:
Note that the Cook Islands also uses its own currencies (the Cook Island dollar) alongside NZD. Other countries where New Zealand dollars are used in an unofficial capacity include:
The countries where the New Zealand dollar is used make up only a small number of people. However, the use of the NZD at online casinos is substantially larger than you might expect. This is because New Zealand dollars are used by players in countries where the currency is not recognised, such as those in Asia. In many cases, this is because their own domestic currencies are not accepted, and the NZD is a trustworthy, stable option for them.
New Zealand has not legalised online gambling; neither has it created laws that prevent its nationals from betting at offshore casinos. International sites, often licensed out of Curacao, the United Kingdom or Malta, are typically welcoming to players in New Zealand, and many can be accurately described as New Zealand dollar online casinos on account of them accepting the currency.
Despite being a small currency (in terms of the number of people who use it), the New Zealand dollar is a major player in the world of online betting currencies. It can regularly be used by players across Asia, Oceania and beyond. As so many payment providers facilitate its use, and it is widely available at online casinos (so-called NZD casinos), you should not expect to see currency conversion fees. The simple structure behind its denominations makes it ideal for any player whose local currency is not available.
Before playing at NZD online casinos, you need to ensure that you are playing at a trusted and secure venue. We can help you do that with our helpful hints and top tips. Here are a few things our team looks for in the best New Zealand dollar casino sites:
The New Zealand dollar is so popular that virtually all major payment providers regularly accept it. How many of them can be used by players in New Zealand itself, though? Oddly enough, most of them. It is not uncommon to see the following payment providers present at New Zealand dollar online casinos: