Niue dollar
Encyclopedia
Niue
Niue
Niue , is an island country in the South Pacific Ocean. It is commonly known as the "Rock of Polynesia", and inhabitants of the island call it "the Rock" for short. Niue is northeast of New Zealand in a triangle between Tonga to the southwest, the Samoas to the northwest, and the Cook Islands to...

, a dependency
Dependent territory
A dependent territory, dependent area or dependency is a territory that does not possess full political independence or sovereignty as a State, and remains politically outside of the controlling state's integral area....

 of New Zealand, uses the New Zealand dollar
New Zealand dollar
The New Zealand dollar is the currency of New Zealand. It also circulates in the Cook Islands , Niue, Tokelau, and the Pitcairn Islands. It is divided into 100 cents....

 rather than its own specific currency. However, it does issue coins for the collectors market to earn some extra funding.

Before the creation of the New Zealand dollar, Niue was a user of the pound sterling
Pound sterling
The pound sterling , commonly called the pound, is the official currency of the United Kingdom, its Crown Dependencies and the British Overseas Territories of South Georgia and the South Sandwich Islands, British Antarctic Territory and Tristan da Cunha. It is subdivided into 100 pence...

 and the very early commemorative coins of Niue were in pound or shilling
Shilling
The shilling is a unit of currency used in some current and former British Commonwealth countries. The word shilling comes from scilling, an accounting term that dates back to Anglo-Saxon times where it was deemed to be the value of a cow in Kent or a sheep elsewhere. The word is thought to derive...

 increments.

Niue first began issuing coins in 1966, though these have been mostly bullion and non-circulating base metal commemorative issues. For all practical purposes the Niue dollar is not a true currency, and was never intended to be an official circulating coinage, however, they are acceptable as legal tender within Niue.

Coins

In 2009, Niue began issuing its first standard five coin set in denominations of 5, 10, 20, 50 cent and 1 Dollar. They are the same size, coloration, and relative weight as the corresponding New Zealand coins but of different metallic composition. They are also of the same exact size and composition as the Pitcairn Islands
Pitcairn Islands
The Pitcairn Islands , officially named the Pitcairn, Henderson, Ducie and Oeno Islands, form a group of four volcanic islands in the southern Pacific Ocean. The islands are a British Overseas Territory and overseas territory of the European Union in the Pacific...

 coins except that the set lacks the $2 piece found in both of the former.

All of the standard set coins bear images relevant to the country, surrounded by a distinct border.
The images of the reverse of the official set are as follows:

5 CENTS: Two Humpback Whales

10 CENTS: Crab

20 CENTS: Scuba Divers

50 CENTS: Native Outrigger Canoe

1 DOLLAR: Swordfish, in 2010 – image of native plants.

All coins of Niue depict on the obverse the national crest or an image of Queen Elizabeth II.

see also

  • New Zealand dollar
    New Zealand dollar
    The New Zealand dollar is the currency of New Zealand. It also circulates in the Cook Islands , Niue, Tokelau, and the Pitcairn Islands. It is divided into 100 cents....

  • Pitcairn Islands Dollar
    Pitcairn Islands Dollar
    Pitcairn Islands is a non-sovereign British Overseas Territory and the New Zealand dollar is used as exchange. Pitcairn Islands began issuing its first commemorative coins in 1988. Though the Pitcairn Islands dollar is not a true currency in the sense of the word, and isn't used as a circulation...

  • Cook Islands dollar
    Cook Islands dollar
    The dollar is the currency of the Cook Islands. The dollar is subdivided into 100 cents, although some 50 cent coins carry the denomination as "50 tene".-History:...

  • Niue
    Niue
    Niue , is an island country in the South Pacific Ocean. It is commonly known as the "Rock of Polynesia", and inhabitants of the island call it "the Rock" for short. Niue is northeast of New Zealand in a triangle between Tonga to the southwest, the Samoas to the northwest, and the Cook Islands to...

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