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The New Zealand dollar also circulates in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. It is often informally known as the "Kiwi (dollar)" and is divided into 100 cents.
The Real, meaning 'royal, was first introduced by Portugese settlers and became Brazil's official currency in 1690. It was not sub-divided in smaller units. The modern real (plural reais) was introduced on July 1, 1994.
1 NZD = 1.4268 BRL
New Zealand DollarBrazilian Real
