1 Dollar - Elizabeth II Life in Water

Niue has long operated as a prolific licensing hub for themed commemorative coinage, issuing hundreds of silver dollar programs through the New Zealand Mint under agreements that generate revenue for the island's roughly 1,600 residents. The "Life in Water" issue is one of several nature-series dollars produced under this arrangement in 2013.

KM#1116 places it within a densely catalogued run from this period — Niue's KM numbers climb steeply through the 2010s as output accelerated sharply.