NZD stands for New Zealand Dollar, which is the official currency of New Zealand, as well as some of its territories and associated states. It is also used in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. The New Zealand dollar is divided into 100 cents, and it is commonly represented by the symbol “$” or “NZ$”. The currency is managed by the Reserve Bank of New Zealand and is widely used throughout the country for various transactions.