A magnitude-7.1 earthquake (damage pictured) struck the Canterbury Region of New Zealand, causing two deaths and up to NZ$40 billion in damages.

The 2010 Canterbury earthquake struck the South Island of New Zealand with a moment magnitude of 7.1 at 4:35 am local time on 4 September, and had a maximum perceived intensity of X (Extreme) on the Mercalli intensity scale. Some damaging aftershocks followed the main event, the strongest of which was a magnitude 6.3 shock known as the Christchurch earthquake that occurred nearly six months later on 22 February 2011. Because this aftershock was centred very close to Christchurch, it was much more destructive and resulted in the deaths of 185 people.

Canterbury is a region of New Zealand, located in the central-eastern South Island. The region covers an area of 44,503.88 square kilometres (17,183.04 sq mi), making it the largest region in the country by area. It is home to a population of 687,100.

The New Zealand dollar is the official currency and legal tender of New Zealand including 2 freely associated states of New Zealand, 2 dependent territories of New Zealand and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($). The abbreviations "$NZ" or "NZ$" are used when necessary to distinguish it from other dollar-denominated currencies.