New Zealand Equivalent to International Accounting Standard 21

Prescribes how to include foreign currency transactions and foreign operations in the financial statements and how to translate financial statements into a presentation currency.

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Applicable for reporting periods as indicated. Versions prior to the previous version can be found on the archive page.

• NZ IAS 21 – Periods beginning on or after
  1 Jan 2025 (early adoption permitted)

  Date of issue: Nov 2012

  Date compiled to: Feb 2024

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Amendments

• Translation to a Hyperinflationary Presentation Currency Amendments to NZ IAS 21 – Periods beginning on or after
  1 Jan 2027 (early adoption permitted)

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• Lack of Exchangeability – Periods beginning on or after
  1 Jan 2025 (early adoption permitted)

  Date of issue: Nov 2023

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• Lack of Exchangeability RDR – Periods beginning on or after
  1 Jan 2025 (early adoption permitted)

  Date of issue: Jan 2024

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New version not yet mandatory

• NZ IAS 21 – This version is effective for reporting periods beginning on or after
  1 Jan 2027 (early adoption permitted)

  Date of issue: Nov 2012

  Date compiled to: Jun 2026

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Previous version

• NZ IAS 21 – This version is effective for reporting periods beginning on or after
  1 Jan 2019 (early application permitted)

  Date of issue: Nov 2012

  Date compiled to: Feb 2018

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