N.Z. currency
Sir,—Since New Zealand turned to decimals in the late 60s the purchasing power of our currency has; been in a steady decline, The result is that our pathetic little one and two cent pieces are practically valueless. There must be millions of them lying round unused on mantelpieces and-in women’s purses. It is surely time they were made redundant. I suggest that the five dollar note be called a new pound and the five cent piece a new penny. The redesigning of our other tokens would give our bureaucrats an opportunity to correct their mistake in making the 20 cent and 50 cent pieces too much alike. In the past we dropped the farthing and the halfpenny.—Yours, etc.,
' H. M. STEVENS. June 10, 1982.
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Press, 17 June 1982, Page 16
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126N.Z. currency Press, 17 June 1982, Page 16
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