Tuesday 30 March 2010

Studebaker Regal President 8

 

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I should explain that when this car was purchased in New Zealand this country used the New Zealand Pound (£).  The New Zealand dollar was introduced on 10 July 1967 when New Zealand decimalised its currency. The dollar replaced the New Zealand pound, which had been distinct from the pound sterling since 1933, at a rate of two dollars to one pound (10 shillings to a dollar).

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