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NZD postion negative correlationNZD currency diagram

NZD ($)

New Zealand dollar

NZD gauge currency diagram

Current regime

Trading the NZD between market participants and across borders is unrestricted and the market price is primarily determined without central bank intervention.

Highly standardised payment processing.

History

The NZD was introduced on 10 July 1967 to replace the New Zealand pound at a rate of 2 dollars to 1 pound.

The NZD was floated on 4 March 1985.

The NZD accounted for 2.1% of global FX turnover in April 2019.

https://www.rbnz.govt.nz/

NZD gauge currency diagram
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