Live Forex Rates
Understand technical aspects of Live Forex Rates to master market moves and empower your apps and websites with real-time data retrieval features.
Live Forex Rates - NZDUSD
| Bid | Ask | |
|---|---|---|
| Updated every second |
Overview
Often referred to as the “Kiwi” by Traders due to the Kiwi bird that features on the New Zealand $1 coin, it appears in the top 10 of most traded currencies in the world. This currency pair tells traders how many US Dollars are needed to buy one New Zealand Dollar. With over two-thirds of New Zealand exports are agriculture, this currency pair will be traded for reasons outside of the local economy.
- New Zealand Dollar (ISO code NZD)
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- Central Bank is the Reserve Bank of New Zealand.
- The NZ Pound was replaced by the NZ Dollar Dollar in 1967.
- Due to competitive, industrialised and free market economy, the NZD is among the top 10 of most traded currencies
- US Dollar (ISO code USD)
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- The Central Bank of the United States is the Federal Reserve (sometimes referred to as the Fed).
- USD is the main global reserve currency and the United States of America (U.S.A) is the largest economy in the world.
- The (US Dollar) USD is used to price most global commodities (including Oil and Gold).
- The US has a well developed economy with high productivity levels and is fuelled by huge natural resources.
- The International Monetary Fund (IMF) states that the US Gross Domestic Product (GDP) is $15 trillion and makes-up c. 23% of global GDP to exchange rates.
Explore Each Currency Pair: To discover more about each currency pair, click and navigate to the individual currency pair page for relevant information. Our currency rates are aggregated from institutions, which helps you spot skews in your trading spreads. Understanding why the FX market moves up and down and knowing some basic facts and history for each currency pair will help you gain an elemental-level knowledge of foreign exchange rates.
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