New Zealand dollar in the context of "West Coast Region"

The West Coast (Māori: Te Tai Poutini, lit. 'The Coast of Poutini, the Taniwha') is a region of New Zealand on the west coast of the South Island. It is administered by the West Coast Regional Council, and is known co-officially as Te Tai Poutini. It comprises the territorial authorities of Buller District, Grey District and Westland District. The principal towns are Westport, Greymouth and Hokitika. The region, one of the more remote areas of the country, is also the most sparsely populated. With a population of just 32,900 people, the West Coast is the least populous region in New Zealand. The population in the region grew by 0.4% over the year to July 2023.

The region has a rich and important history. The land itself is ancient, stretching back to the Carboniferous period; this is evident by the amount of carboniferous materials naturally found there, especially coal. First settled by Kāi Tahu in approximately 1200 AD, the area was famous across New Zealand for its richness in pounamu greenstone. Kāi Tahu traded millions of modern New Zealand dollars' worth of the stone across New Zealand, making Te Tai Poutini one of the wealthiest regions in the country.

Dollar is the name of more than 25 currencies. The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives. Others include the Australian dollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, Trinidad and Tobago dollar, and several others. The symbol for most of those currencies is the dollar sign $; the same symbol is used by many countries using peso currencies.

The name 'dollar' originates from the tolar which was the name of a 29-gram (1.0 oz) silver coin called the Joachimsthaler minted in 1519 in the western part of Bohemia (now the Czech Republic). The word thaler itself comes from the German word Thal, i.e. 'valley'.

Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency.

Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador. Some small economies, for whom it is impractical to maintain an independent currency, use the currencies of their larger neighbours; for example, Liechtenstein uses the Swiss franc.

The New Zealand ten-cent coin is the lowest-denomination coin of the New Zealand dollar. The 10-cent coin was introduced when the New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand shilling coin. In 2006 its size was reduced as part of a revision of New Zealand's coins, which also saw its alloy become copper-plated steel.

A commodity currency is a currency that co-moves with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. Commodity currencies are most prevalent in developing countries (eg. Burundi, Tanzania, Papua New Guinea). In the foreign exchange market, commodity currencies generally refer to the New Zealand dollar, Norwegian krone, South African rand, Brazilian real, Russian ruble and the Chilean peso. Commodity currencies' nature can allow foreign exchange traders to more accurately gauge a currency's value, and predict movements within markets based on the perceived value of the correlated commodity.

New Zealand wine is produced in several of its distinct winegrowing regions. As an island country in the South Pacific Ocean, New Zealand has a largely maritime climate, although its elongated geography produces considerable regional variation from north to south. Like many other New World wines, New Zealand wine is usually produced and labelled as single varietal wines, or if blended, winemakers list the varietal components on the label. New Zealand is best known for its Marlborough Sauvignon Blanc, and more recently its dense, concentrated Pinot Noir from Marlborough, Martinborough and Central Otago.

While New Zealand wine traces its history to the early 19th century, the modern wine industry in New Zealand began in the mid-20th century and expanded rapidly in the early 21st century, growing by 17% a year from 2000 to 2020. In 2020, New Zealand produced 329 million litres (87,000,000 US gal) from 39,935 hectares (98,680 acres) of vineyard area, of which 25,160 ha (about two-thirds) is dedicated to Sauvignon Blanc. Nearly 90% of total production is exported, chiefly to the United States, Britain and Australia, reaching a record NZ$1.92 billion in export revenue in 2020.