New Zealand Dollar (NZD; symbol NZ$) = 100 cents, supplemented by notes and coins minted for local use which are not negotiable outside the Cook Islands. Notes are in denominations of NZ$100, 50, 20, 10 and 5. Coins are in denominations of NZ$2 and 1, and 50, 20, 10 and 5 cents.
The politics of the Cook Islands, an associated state, takes place in a framework of a parliamentary representative democracy within a constitutional monarchy. The Queen of New Zealand, represented in the Cook Islands by the Queen's Representative, is the Head of State; the Chief Minister is the head of government and of a multi-party system.