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INI to NZD Converter and calculator

INI/NZD: 1 INI = 0.04667 NZD. The price of converting 1 InitVerse (INI) to New Zealand Dollar (NZD) is 0.04667 NZD today.
INI
INI
NZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INI to NZD real-time exchange rates, making it easy to convert InitVerse (INI) to New Zealand Dollar (NZD). The conversion result is based on real-time data. The conversion result shows that 1 INI is currently valued at 0.04667 NZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INI is currently valued at 0.04667 NZD, which means buying 5 INI would cost 0.2333 NZD. Similarly, NZ$1 NZD can be converted to 21.43 INI, and NZ$50 NZD can be converted to 107.14 INI, excluding any platform or gas fees.

Convert INI to NZD

Convert NZD to INI

InitVerse
New Zealand Dollar
1 INI
0.04667  NZD
Exchange 1 INI for 0.04667 NZD
2 INI
0.09333  NZD
Exchange 2 INI for 0.09333 NZD
5 INI
0.2333  NZD
Exchange 5 INI for 0.2333 NZD
10 INI
0.4667  NZD
Exchange 10 INI for 0.4667 NZD
20 INI
0.9333  NZD
Exchange 20 INI for 0.9333 NZD
50 INI
2.33  NZD
Exchange 50 INI for 2.33 NZD
100 INI
4.67  NZD
Exchange 100 INI for 4.67 NZD
200 INI
9.33  NZD
Exchange 200 INI for 9.33 NZD
500 INI
23.33  NZD
Exchange 500 INI for 23.33 NZD
1000 INI
46.67  NZD
Exchange 1000 INI for 46.67 NZD
5000 INI
233.33  NZD
Exchange 5000 INI for 233.33 NZD
10000 INI
466.66  NZD
Exchange 10000 INI for 466.66 NZD
In the table above, you'll find a comprehensive INI to NZD converter that shows the value of InitVerse in New Zealand Dollar across commonly used conversion amounts. The list covers conversions from 1 INI to NZD, all the way up to 10000 INI, providing a clear view of their respective values.
New Zealand Dollar
InitVerse
1 NZD
21.43 INI
Exchange 1 NZD for 21.43 INI
10 NZD
214.29 INI
Exchange 10 NZD for 214.29 INI
50 NZD
1,071.44 INI
Exchange 50 NZD for 1,071.44 INI
100 NZD
2,142.89 INI
Exchange 100 NZD for 2,142.89 INI
200 NZD
4,285.78 INI
Exchange 200 NZD for 4,285.78 INI
500 NZD
10,714.44 INI
Exchange 500 NZD for 10,714.44 INI
1000 NZD
21,428.88 INI
Exchange 1000 NZD for 21,428.88 INI
2000 NZD
42,857.77 INI
Exchange 2000 NZD for 42,857.77 INI
5000 NZD
107,144.42 INI
Exchange 5000 NZD for 107,144.42 INI
10000 NZD
214,288.85 INI
Exchange 10000 NZD for 214,288.85 INI
50000 NZD
1,071,444.23 INI
Exchange 50000 NZD for 1,071,444.23 INI
100000 NZD
2,142,888.45 INI
Exchange 100000 NZD for 2,142,888.45 INI
In the table above, you'll find a comprehensive NZD to INI converter that shows the value of New Zealand Dollar in InitVerse across commonly used conversion amounts. The list covers conversions from 1 NZD to INI, all the way up to 100000 NZD, providing a clear view of their respective values.

INI to NZD chart

INI/NZD: 1 INI = 0.04667 NZD; 2025/09/20 17:33:44
In the past 1D, InitVerse has changed +11.40% to NZD. Based on the trend and price charts, InitVerse(INI) has changed +11.40% to NZD while New Zealand Dollar(NZD) has changed % to INI in the last 24 hours.
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INI to NZD conversion data: Volatility and price changes of InitVerse in NZD

The highest InitVerse price in NZD over the past 7 days was 0.05216 NZD while the lowest InitVerse price in NZD over the past 7 days was 0.04160 NZD. The relative change between the highs and lows in InitVerse price in NZD over the last 7 days indicates a volatility of %. You can view additional volatility data and INI to NZD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.05216 NZD
0.05216 NZD
0.07326 NZD
0.09238 NZD
Low
0.04160 NZD
0.04160 NZD
0.03751 NZD
0.03751 NZD
Average
0 NZD
0 NZD
0 NZD
0 NZD
Volatility
%
%
%
%
Change
+11.40%
+8.39%
-22.49%
-48.31%

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Bitget P2P trading does not currently support direct buying of INI with NZD. However, you can buy USDT in Bitget P2P trading first, and then buy INI with USDT via Bitget spot market.
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InitVerse information

INI to NZD market statistics

INI/NZD:
NZ$0.04667
INI 24h volume:
NZ$342,729.29
INI market cap:
--
INI circulating supply:
0 INI

Current INI to NZD exchange rate

InitVerse to New Zealand Dollar is rising this week.
InitVerse's current market price is NZ$0.04667 per INI, with a total market cap of NZ$0 NZD based on a circulating supply of -- INI. The trading volume of InitVerse has changed by +5.81% (NZ$18,815.5 NZD) in the last 24 hours. Last trading day, INI's trading volume was NZ$323,913.79.

More info about InitVerse on Bitget

New Zealand Dollar 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.

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

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How to convert INI to NZD

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INI to NZD Conversion tables

The exchange rate of InitVerse is decreasing.
The exchange rate of 1 INI to New Zealand Dollar has changed by +8.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.40%, reaching a high of 0.05216 NZD and a low of 0.04160 NZD . One month ago, the value of 1 INI was NZ$0.06022 NZD , which represents a -22.49% change from its current value. Over the last year, InitVerse has changed by
+NZ$
0.04670NZD
, resulting in a change of -48.37% in its value.
24 hours ago1 month ago1 year ago
Amount 17:33 today 24 hours ago 24h change
0.5 INI
NZ$0.02333NZ$0.02094
+11.40%
1 INI
NZ$0.04667NZ$0.04189
+11.40%
5 INI
NZ$0.2333NZ$0.2094
+11.40%
10 INI
NZ$0.4667NZ$0.4189
+11.40%
50 INI
NZ$2.33NZ$2.09
+11.40%
100 INI
NZ$4.67NZ$4.19
+11.40%
500 INI
NZ$23.33NZ$20.94
+11.40%
1000 INI
NZ$46.67NZ$41.89
+11.40%

INI to NZD FAQ

How much is 1 InitVerse in NZD?
Right now, the price of 1 InitVerse (INI) in New Zealand Dollar (NZD) is NZ$0.04667.
How much INI can I buy for 1 NZD?
Based on the current exchange rate, you can get 21.43 INI for 1 NZD.
How do I calculate or convert INI to NZD?
You can use our INI to NZD calculator at the top of this page to convert any amount of INI to NZD. We've also included quick-reference tables for the most popular conversions. For example, 5 NZD is equivalent to 107.14 INI, while 5 INI will cost around 0.2333NZD.
What is the highest price of INI/NZD in history?
The all-time high price of 1 INI in NZD is NZ$0.09238. It remains to be seen if the value of 1 INI/NZD will exceed the current all-time high.
What is the price trend of InitVerse in NZD?
Over the past 7 days, the exchange rate of InitVerse (INI) has gone up by 8.39%.   Over the last month, the exchange rate of InitVerse (INI) has gone down by 22.49% against New Zealand Dollar (NZD).

What factors influence the conversion rate of INI to NZD?

There are many factors that affect the relationship between InitVerse and New Zealand Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of INI/NZD. When there is positive news in the market about the widespread adoption of INI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INI/NZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INI/NZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of INI/NZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of InitVerse and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular InitVerse currency pairs: INI to US Dollar (USD), INI to Euro (EUR), INI to Pound Sterling (GBP), INI to Canadian Dollar (CAD), INI to Indian Rupee (INR), INI to Pakistani Rupee (PKR), INI to Brazilian Real (BRL), INI to…
The price of InitVerse in the US is $0.02734 USD. Additionally, InitVerse’s price is €0.02327 EUR in the eurozone, £0.02029 GBP in the UK, C$0.03767 CAD in Canada, ₹2.41 INR in India, ₨7.76 PKR in Pakistan, R$0.1456 BRL in Brazil, and more.
The most popular InitVerse currency pair is the INI to New Zealand Dollar(NZD). The price of 1 InitVerse (INI) in New Zealand Dollar (NZD) is NZ$0.04667.

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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.