Islands of adventure for New Zealand’s banking system consists of several commercial and trustee saving banks and one central bank, the Reserve Bank of New Zealand, which has the sole power of issue of currency. Since the 1980s, New Zealand’s capital markets have become extremely competitive, with many specialty institutions emerging. In 1985, the government freed transactions in foreign exchange, and, for the first time, the exchange rate was floated in a competitive market. New Zealand’s exports are valued at approximately $14.2 billion annually and its imports at approximately $12.5 billion. It is the leading exporter of dairy products in the world and second only to Australia as an exporter of wool. Islands of adventure 2016.