Convert NZD to USD - New Zealand dollar to US Dollar Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE NZD/USD EXCHANGE RATE
NZD/USD is the abbreviated form for New Zealand dollar/US dollar and is also known as the Kiwi. Like the AUD, the NZD also enjoys the status of being a commodity currency as New Zealand is a major exporter of dairy, agricultural products and metals.As a result, NZD/USD's exchange rate is heavily influenced by fluctuations in the values of these commodities - when they move up, the currency pair turns bullish and vice versa. In addition, this forex pair also sees significant movement on the release of important economic data from New Zealand and the US as well as monetary policy updates from the Reserve Bank of New Zealand (RBNZ) and the Federal Reserve.Economic data that impact the value of NZD and the USD include employment rate, GDP, inflation, retail sales, and trade data. Interest rate decisions by the RBNZ and the Fed also drive movements in this pair - when either central bank turns hawkish, the respective nation’s currency appreciates and vice versa.The value of the New Zealand dollar is also driven by the tourism industry, which is a key contributor to the economy of New Zealand. When the industry is booming, it aids in economic growth and strengthens the value of the NZD.
NZD to USD CONVERSION RATES
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NZD to USD CHARTS
NZD/USD Live Chart
NZD/USD Historical Chart
NZD to USD EXCHANGE RATE - FAQ
What is the best time of day to trade NZD/USD?

As New Zealand and the US are in different time zones, there is a varied spread of volatility through the day. This pair can see high volatility between midnight and 0200 GMT, then between 0600 and 0800 GMT, and even between 1200 and 1700 GMT.

What other forex pairs does the NZD/USD share a correlation with?

NZD/USD enjoys a close, positive correlation with AUD/USD since the New Zealand and Australian economies are interlinked with each other. This currency pair is also strongly correlated with EUR/USD.

What was the highest exchange rate for NZD/USD this year?

The highest level NZD/USD touched so far this year was on 18 September 2020 when it rose to 0.6799. The currency pair turned bullish as the US dollar weakened when the Fed tweaked its strategy and signaled plans to remain dovish for a longer than expected period.