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Citadel to New Zealand Dollar Converter and calculator

Convert 1Citadel (CTL) to New Zealand Dollar (NZD) equals $ 0.007290 | Bitget
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Last updated 2024/12/24 07:28:57 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Citadel(CTL) to New Zealand Dollar(NZD). This is the real-time data. The current conversion shows 1 CTL at a value of 1 CTL for 0.01 NZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NZD information

About the New Zealand Dollar (NZD)

What Is the New Zealand Dollar (NZD)?

The New Zealand dollar, known as the "Kiwi" or "Kiwi dollar," is the official currency and legal tender of New Zealand, as well as the Cook Islands, Niue, the Ross Dependency, Tokelau, and the British territory of the Pitcairn Islands. It is commonly represented by the dollar sign ($), with the code NZD. Internationally, it's sometimes distinguished from other dollar-denominated currencies by the abbreviations "$NZ" or "NZ$."

The New Zealand Dollar (NZD) is issued by the Reserve Bank of New Zealand, which is the central bank of New Zealand. The Reserve Bank is responsible for maintaining monetary stability in the country, which includes issuing the nation's currency, managing its supply, and implementing monetary policy.

What Is the History of NZD?

The New Zealand dollar was introduced on July 10, 1967, replacing the New Zealand pound, a system that was considered cumbersome by the 1950s. This transition marked a significant change from the £sd system (pound, shillings, pence) to a decimal system, where one dollar was equivalent to 100 cents. The changeover was accompanied by a massive publicity campaign, including the introduction of a cartoon character, "Mr. Dollar."

Notes and Coins of NZD

Initially, the New Zealand dollar had coins in denominations of 1c, 2c, 5c, 10c, 20c, and 50c, and banknotes in $1, $2, $5, $10, $20, and $100. Over time, due to inflation and production costs, the smaller denominations were phased out. The current coin series features distinctive New Zealand symbols and commemorations, including the kiwi bird and indigenous Māori art.

Exchange Rate and International Presence

The NZD was initially pegged to the British pound and the US dollar. However, it has been floating since March 4, 1985, and its value is now determined by the financial markets. The NZD is among the top 10 most traded currencies globally, reflecting New Zealand's significant role in international trade and finance, disproportionate to its size and population.

The value of the NZD has seen considerable fluctuations over the years, influenced by global economic conditions, interest rate differentials, and domestic economic policies. Notably, the NZD experienced a significant drop during the global economic downturn of 2008 but recovered in the following years. The Reserve Bank of New Zealand has occasionally intervened in the currency market to influence the NZD's value.

Is NZD a Stable Currency?

The New Zealand Dollar (NZD), commonly known as the "Kiwi," is generally regarded as a stable currency, underpinned by New Zealand's robust economic fundamentals, including low inflation and consistent growth. However, as a floating currency since 1985, its value is subject to fluctuations influenced by various factors. These include the Reserve Bank of New Zealand's monetary policy decisions, particularly interest rates that can attract foreign investment, and the nation's heavy reliance on agricultural and dairy exports, making it sensitive to global commodity price changes. Additionally, as a smaller, open economy, New Zealand is susceptible to external economic shocks, and in times of global financial uncertainty, the NZD can experience volatility, with investors often favoring 'safe-haven' currencies.

Is the New Zealand Dollar Pegged to the US Dollar?

The New Zealand Dollar (NZD) is not pegged to the US Dollar (USD) but operates under a floating exchange rate system. This shift from a fixed exchange rate system, where it was once pegged to specific currencies including the USD, occurred in 1985. Since then, the value of the NZD is determined by the foreign exchange market, influenced by a range of factors such as New Zealand's economic indicators, interest rate decisions by the Reserve Bank of New Zealand, global market conditions, and the country's trade balance. This floating exchange rate allows the NZD to adjust more dynamically to the changing economic landscape and global financial market fluctuations, without direct intervention from the government or central bank.

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Bitget crypto-to-fiat exchange data shows that the most popular Citadel currency pair is the CTL to NZD, with for Citadel's currency code being CTL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NZD.

CTL to NZD conversion rate trend

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Live Citadel (CTL) price chart
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In the past 1D, Citadel has changed +2.45% to NZD. Based on the trend and price charts, Citadel(CTL) has changed +2.45% to NZD while New Zealand Dollar(NZD) has changed -2.39% to CTL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.007290
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/24 00:34:56(UTC+0)

How to buy Citadel

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Buy Citadel (CTL)
Use a variety of payment options to buy Citadel on Bitget. We'll show you how.

Buy CTL (or USDT) for NZD (New Zealand Dollar) offers

Bitget P2P trading does not currently support direct buying of CTL with NZD. However, you can buy USDT in Bitget P2P trading first, and then buy CTL with USDT via Bitget spot market.
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Sell CTL (or USDT) for NZD (New Zealand Dollar) offers

Bitget P2P trading currently does not support direct selling of CTL to NZD. However, you can first exchange CTL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
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What factors influence the conversion rate of Citadel to New Zealand Dollar?

Citadel to New Zealand Dollar is falling this week.
Citadel's current market price is $ 0.007290 per CTL, with a total market cap of $ 0 NZD based on a circulating supply of -- CTL. The trading volume of Citadel has changed by 0.00% ($ 0 NZD) in the last 24 hours. Last trading day, CTL's trading volume was $ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 CTL

Conversion tables

The exchange rate of Citadel is increasing.
1 CTL is currently valued at $ 0.007290 NZD , which means buying 5 CTL will cost $ 0.03645 NZD . Similarly, $1 NZD can be traded for 137.17 CTL, and $50 NZD can be converted to 6,858.28 CTL, excluding any platform or gas fees.
The exchange rate of 1 CTL to New Zealand Dollar has changed by -13.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 0.007658 NZD and a low of 0.006858 NZD . One month ago, the value of 1 CTL was $ 0.007168 NZD , which represents a +1.63% change from its current value. Over the last year, Citadel has changed by
-$
0.007976NZD
, resulting in a change of -51.05% in its value.

CTL to NZD

Amount
07:28 am today
0.5 CTL
$0.003645
1 CTL
$0.007290
5 CTL
$0.03645
10 CTL
$0.07290
50 CTL
$0.3645
100 CTL
$0.7290
500 CTL
$3.65
1000 CTL
$7.29

NZD to CTL

Amount07:28 am today
0.5NZD68.58  CTL
1NZD137.17  CTL
5NZD685.83  CTL
10NZD1,371.66  CTL
50NZD6,858.28  CTL
100NZD13,716.56  CTL
500NZD68,582.79  CTL
1000NZD137,165.58  CTL

Today vs. 24 hours ago

Amount07:28 am today24 hours ago24h change
0.5 CTL$0.002060$0.002008
+2.45%
1 CTL$0.004119$0.004016
+2.45%
5 CTL$0.02060$0.02008
+2.45%
10 CTL$0.04119$0.04016
+2.45%
50 CTL$0.2060$0.2008
+2.45%
100 CTL$0.4119$0.4016
+2.45%
500 CTL$2.06$2.01
+2.45%
1000 CTL$4.12$4.02
+2.45%

Today vs. 1 month ago

Amount07:28 am today1 month ago1M change
0.5 CTL$0.002060$0.002025
+1.63%
1 CTL$0.004119$0.004050
+1.63%
5 CTL$0.02060$0.02025
+1.63%
10 CTL$0.04119$0.04050
+1.63%
50 CTL$0.2060$0.2025
+1.63%
100 CTL$0.4119$0.4050
+1.63%
500 CTL$2.06$2.02
+1.63%
1000 CTL$4.12$4.05
+1.63%

Today vs. 1 year ago

Amount07:28 am today1 year ago1Y change
0.5 CTL$0.002060$0.004313
-51.05%
1 CTL$0.004119$0.008626
-51.05%
5 CTL$0.02060$0.04313
-51.05%
10 CTL$0.04119$0.08626
-51.05%
50 CTL$0.2060$0.4313
-51.05%
100 CTL$0.4119$0.8626
-51.05%
500 CTL$2.06$4.31
-51.05%
1000 CTL$4.12$8.63
-51.05%

Citadel price prediction

What will the price of CTL be in 2025?

Based on CTL's historical price performance prediction model, the price of CTL is projected to reach $0.01967 in 2025.

What will the price of CTL be in 2030?

In 2030, the CTL price is expected to change by -4.00%. By the end of 2030, the CTL price is projected to reach $0.02286, with a cumulative ROI of +455.04%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.