NZD to USD Convert 1 NZD to USD Exchange Rate Today

Banks often advertise free or low-cost transfers, but add a hidden beaxy: an overview markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Here, we present an effortless way to check NZD to USD currency conversion rates with just a few clicks.

NZD To USD Convert New Zealand Dollar To United States Dollar

Adding to this, the risk of a further escalation of geopolitical tensions in the Middle East further benefits the safe-haven buck and contributes to driving flows away from the perceived riskier Kiwi. The United States Dollar (USD) is the official currency of the United States and is one of the most widely used currencies in the world. It is abbreviated as USD and is also represented with the dollar sign ($). The USD was established as the official currency in 1792, and it has become the world’s primary reserve currency, held by central banks and institutions globally. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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The strength of the USD is influenced by several factors, including economic performance, interest rates, and political stability. The New Zealand Dollar is subdivided into 100 cents, and its symbol is often simply written as $ or NZ$ to indicate that it is the New Zealand Dollar. This currency is known for its stability and is considered a commodity currency, as it is influenced by the price of New Zealand’s primary exports, such as dairy, meat, and wood products.

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NZD to USD Exchange Rate - Convert New Zealand Dollar to US Dollar

Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. Gold price is looking to extend its previous retreat from all-time highs of $3,058 in Asian trading on Friday. Despite the pullback, Gold price remains on track to book the third consecutive weekly gain. Our list features brokers with competitive spreads, fast execution, and powerful platforms.

Click on United States Dollars or New Zealand Dollars to convert between that currency and all other currencies. The "New Zealand dollar" is the official currency of the New Zealand. The New Zealand dollar also circulates in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. It is often informally known as the "Kiwi (dollar)" and is divided into 100 cents.

  • When inflation is too high, the RBNZ will increase interest rates to cool the economy, but the move will also make bond yields higher, increasing investors’ appeal to invest in the country and thus boosting NZD.
  • If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.
  • Whether you're a business dealing with international trade or a traveller preparing for your journey, our website offers reliable and up-to-date NZD to USD conversions.
  • Don't forget to look at and compare exchange rates from other banks available from 8 sources.

High economic growth attracts foreign investment and may encourage the Reserve Bank of New Zealand to increase interest rates, if this economic strength comes together with elevated inflation. The Reserve Bank of New Zealand (RBNZ) aims to achieve and maintain an inflation rate between 1% and 3% over the medium term, with a focus to keep it near the 2% mid-point. When inflation is too high, the RBNZ will increase interest rates to cool the economy, but the move will also make bond yields higher, increasing investors’ appeal to invest in the country and thus boosting NZD.

The performance of the Chinese economy tends to move the Kiwi because China is New Zealand’s biggest trading partner. Bad news for the Chinese economy likely means less New Zealand exports to the country, hitting the economy and thus its currency. Another factor moving NZD is dairy prices as the dairy industry is New Zealand’s main export. High dairy prices boost export income, contributing positively to the economy and thus to the NZD. Hence, the market focus will remain glued to the Fed's updated economic projections, which include the so-called do pot.

NZD/USD news

The NZD is traded on various foreign exchange markets and is a popular currency for traders and investors due to its liquidity and relatively small spread. Don't forget to look at and compare exchange rates from other banks available from 8 sources. Compare our rate and fee with our competitors and see the difference for yourself. The New Zealand Dollar (NZD), also known as the Kiwi, is a well-known traded currency among investors. Its value is broadly determined by the health of the New Zealand economy and the country’s central bank policy. Still, there are some unique particularities that also can make NZD move.

USD $ US Dollar 💵

The so-called rate differential, or how rates in New Zealand are or are expected to be compared to the ones set by the US Federal Reserve, can also play a key role in moving the NZD/USD pair. Making sound decisions based on the prevailing conversion rates is important to avoid any overpayment. Whether you're a business dealing with international trade or a traveller preparing for your journey, our website offers reliable and up-to-date NZD to USD conversions. The intraday USD uptick could be attributed to some repositioning trade ahead of the key central bank event risk – the outcome of a two-day FOMC meeting.

The New Zealand Dollar (NZD) is the official currency of New Zealand, as well as the Cook Islands, Niue, and Tokelau. It is abbreviated as NZD and often represented with the dollar sign ($) before the amount, specifically to avoid confusion with other dollar-denominated currencies. The NZD was introduced in 1967, replacing the New Zealand pound at a rate of two NZD to one pound. The U.S. dollar is the currency most used in international transactions.

The New Zealand Dollar (NZD) tends to strengthen during risk-on periods, or when investors perceive that broader market risks are low and are optimistic about growth. This tends to lead to a more favorable outlook for commodities and so-called ‘commodity currencies’ such as the Kiwi. Conversely, NZD tends to weaken at times of market turbulence or economic uncertainty as investors tend to sell higher-risk assets and flee to the more-stable safe havens.

  • Still, there are some unique particularities that also can make NZD move.
  • This tends to lead to a more favorable outlook for commodities and so-called ‘commodity currencies’ such as the Kiwi.
  • Another factor moving NZD is dairy prices as the dairy industry is New Zealand’s main export.
  • High dairy prices boost export income, contributing positively to the economy and thus to the NZD.
  • Our list of the best regulated brokers highlights the best options for seamless and cost-effective trading.

This New Zealand Dollar and United States Dollar convertor is up to date with exchange rates from March 19, 2025. Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries. Macroeconomic data releases in New Zealand are key to assess the state of the economy and can impact the New Zealand Dollar’s (NZD) valuation. A strong economy, based on high economic growth, low unemployment and high confidence is good for NZD.

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