The New Zealand dollar is the official currency of New Zealand (the Cook Islands, Niue, the Ross Dependency, Tokelau, and the Pitcairn Islands). The official currency symbol: $, NZ$.
The New Zealand dollar was established in 1967 to replace the New Zealand pound. The first banknotes were introduced in denominations of $ 1, $ 2, $ 5, $ 10, $ 20, and $ 100. Then, in 1981, the Reserve Bank introduced a new series of banknotes with improved security measures, introduced the $ 50 bill, and the $ 1 and $ 2 were replaced by coins. Between 1992 and 1999, a wholly redesigned banknote series was introduced. However, the new series was replaced by a series of polymer banknotes in the following years. In 2015, the Reserve Bank of New Zealand introduced a new series of banknotes.
The 50 New Zealand dollar note front design features the portrait of Sir Āpirana Turupa Ngata (1874 – 1950), was a prominent New Zealand statesman, who is regarded for his crucial role in the revival of Māori people. He was the first Māori to graduate from a New Zealand university, and an elected Member of Parliament, on a background with a view of the Porourangi Meeting House, that was the house for the most critical meetings of the Ngata family, in addition to being a showcase of Maori art. The design is completed with a holographic seal of a Kōkako.
The reverse of the note illustrates the Kōkako, followed by a Sky-blue mushroom, on a background with Pureora Forest Park. This note is part of the 2016 – 2018 series, and its color is violet-brown, orange, olive, and multicolor.
Text: RESERVE BANK OF NEW ZEALAND TE PŪTEA MATUA THIS NOTE IS LEGAL TENDER FOR FIFTY DOLLARS SIR APIRANA NGATA, NEW ZEALAND AOTEAROA.