New Zealand’s early monetary history and the colonial bank of issue, 1840-1856

Ronan CORGEL

Abstract


Abstract. This paper explores New Zealand’s early monetary history, examining its colonization and the events leading up to the establishment of the Colonial Bank of Issue, an early currency board. It describes the operations of the bank during its six-year stint as the colony’s sole note issuer. An accompanying spreadsheet workbook contains the statistics of the Colonial Bank of Issue.

Keywords. New Zealand, Colonial Bank of Issue, Currency board, George Grey.

JEL. E59, N17.


Keywords


New Zealand; Colonial Bank of Issue; Currency board; George Grey.

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References


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DOI: http://dx.doi.org/10.1453/jeb.v5i4.1802

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