On which date did New Zealand introduce decimal currency, replacing pounds, shillings, and pence?
Answer and explanation
Correct answer: A. 10 July 1967
- Step 1: New Zealand switched from imperial currency (pounds, shillings, pence) to decimal currency on 10 July 1967. Step 2. One pound became two dollars (10 shillings = 1 dollar). Answer: 10 July 1967. Why not the others: The transition was famously promoted by an animated television mascot named 'Mr Dollar'.
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