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===History=== In 1967, notes were introduced in denominations of [[New Zealand one-dollar note|$1]], [[New Zealand two-dollar note|$2]], [[New Zealand five-dollar note|$5]], [[New Zealand ten-dollar note|$10]], [[New Zealand twenty-dollar note|$20]] and [[New Zealand one hundred-dollar note|$100]], with all except the $5 replacing their pound predecessors. The original series of dollar notes featured on the obverse a portrait of Queen Elizabeth II wearing [[Queen Alexandra]]'s Kokoshnik tiara, King George's VI festoon necklace, and Queen Mary's floret earrings, while the reverse featured native birds and plants.<ref name="The Banknote Book">{{cite book | last1 = Linzmayer | first1 = Owen | title = The Banknote Book | chapter = New Zealand | publisher = BanknoteNews.com | year = 2012 | location = San Francisco, CA | url = http://www.banknotebook.com}}</ref> The notes were changed slightly in 1981 due to a change of printer (from De La Rue to Bradbury, Wilkinson & Co.)βthe most noticeable difference being the portrait based upon a photograph by Peter Grugeon, in which Queen Elizabeth II is wearing Grand Duchess Vladimir's tiara and Queen Victoria's golden jubilee necklace.<ref name="The Banknote Book"/> The [[New Zealand fifty-dollar note|$50]] note was added in 1983 to fill the long gap between the $20 and the $100 notes. $1 and $2 notes were discontinued in 1991 after being replaced with coins. A new series of notes, known as Series 5 was introduced in 1992. The obverse of each note featured a notable New Zealander, while the reverse featured a native New Zealand bird and New Zealand scenery. The Queen remained on the $20 note. In 1999, series 6 [[polymer notes]] replaced the paper notes. The designs remained much the same, but were changed slightly to accommodate new security features, with the most obvious changes being the two transparent windows. In 2015β16, new Series 7 notes were issued,<ref name="issueseries7-nz-gov">{{Cite web |title=Issuing series 7 - Reserve Bank of New Zealand |url=https://www.rbnz.govt.nz/notes-and-coins/notes/banknotes-in-circulation/issuing-series-7 |access-date=2022-03-05 |website=RBNZ|date=28 February 2022 }}</ref> refreshing the note design and improving security features. As of 2021, Series 6 and 7 notes are currently legal tender.<ref name="banknotesincirculation-nz-gov">{{Cite web |title=Banknotes in circulation - Reserve Bank of New Zealand |url=https://www.rbnz.govt.nz/notes-and-coins/notes/banknotes-in-circulation |access-date=2022-03-05 |website=RBNZ}}</ref> In September 2022, following the death of Queen Elizabeth II, the Reserve Bank said it would exhaust its existing stocks of $20 notes before introducing new notes featuring King Charles III.<ref name=":0" />
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