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New Zealand Dollar NZD


Detailed information and fundamental factors

Central Bank: Reserve Bank of New Zealand

Public Debt to GDP Ratio, 2016: 34%

Trade Balance, 2016: -$2.87 bln.

Inflation, 2016: 0.6%

Sovereign Credit Ratings:


Supporting Factors

Major commodity exporter


The New Zealand dollar is the currency that is used in New Zealand, as well as in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. It is often nicknamed “kiwi”. The currency replaced the New Zealand pound in 1967. It is about 10th most-traded currency in the world and is often used in carry trade because of relatively high interest rates in New Zealand. The major industry of New Zealand is agriculture, wool, meat and dairy products being the most important components of the sector. Australia is the main trading partner of New Zealand and China is the second-biggest.

New Zealand Dollar News Archive

NZ Dollar Rises to Highest in More Than a Month

The New Zealand dollar rose today, reaching the highest level since August 7 and gaining for the fourth consecutive day on the Japanese yen. The currency got support from opinion polls regarding the upcoming general election in New Zealand and the current account report.

Drop of Consumer Confidence Doesn’t Affect New Zealand Dollar

The New Zealand rose today, joining its Australian counterpart in a rally, even though the New Zealand consumer confidence dropped this month.

NZ Dollar Gains as Manufacturing Continues to Expand

The New Zealand dollar gained today as domestic data revealed that the New Zealand manufacturing sector continued to expand with accelerating pace last month.

New Zealand Dollar Stable, Ignores China’s Lackluster Data

The New Zealand dollar was stable today even as China’s macroeconomic data was disappointing, dragging Asian stocks down. China is the biggest trading partner of New Zealand, therefore economic performance of the Asian nation often strongly affects the South Pacific currency.

NZ Dollar Fails to Hold Ground After Business Confidence Worsens

The New Zealand dollar fell today, declining for the second consecutive day versus the US dollar and the Japanese yen. The currency was attempting to hold its ground at the beginning of the trading session but resumed the downward movement after the report showed a drop of the business confidence.

NZD/USD Drops, Other NZD-Crosses Stable

The New Zealand dollar fell against its US counterpart today but held steady versus other majors. Comments for the central bank’s chief and domestic macroeconomic data were detrimental to the currency.

New Zealand Dollar Lower on Economic Forecast

The New Zealand dollar fell today after the country’s government released its budget projections for the year.

NZ Dollar Driven Down by Employment Data

The New Zealand dollar fell today, dragged down by underwhelming employment data. The currency was in a retreat for four consecutive sessions versus the euro and for five against the Japanese yen.

NZ Dollar Rallies with Help from Widening Trade Surplus

The New Zealand dollar rallied today, boosted by a better-than-expected trade balance. Dovish comments of a central bank official had limited impact on the currency.

NZ Dollar Gains on Market Sentiment, Pays No Heed to Inflation

The New Zealand dollar rose today on the positive market sentiment. Yesterday’s disappointing inflation data did not prevent today’s rally.