NZD/USD Exchange Rate Today, Forecast & News

NZD/USD
New Zealand Dollar - US Dollar
Open
0.61080+0.00658 (+1.09%)
As of: May 16, 2024 10:50 UTC
Open
0.60422
High
0.61401
Low
0.60385

Stats

Prev. Close

0.60421

Open

0.60422

Day's Range

0.60385 - 0.61401

52 Week Range

0.57735 - 0.65334

YTD Change

-3.33%

1 Year Change

-2.17%

Economic CalendarAll Events

Time zone: GMT

Wednesday, May 15th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	EIA Gasoline Stocks ChangeMay/10	Medium	-0.235M	0.88M	0.915M
16:00	USD	Fed Kashkari Speech	Medium
19:20	USD	Fed Bowman Speech	Medium
20:00	USD	Net Long-term TIC FlowsMar	Medium	$100.5B	$89.3B	$62.9B

Thursday, May 16th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Housing Starts MoMApr	Medium		3.8%	-14.7%
12:30	USD	Import Prices MoMApr	Medium		0.3%	0.4%
12:30	USD	Initial Jobless ClaimsMay/11	Medium		220K	231K

NZD/USD

The Kiwi Dollar is also referred to as the Kiwi is a commodity currency. Due to interest rate differentials in favor of the Kiwi, the Kiwi Dollar is a carry trade currency. Additionally, dairy prices and tourism influence the Kiwi Dollar. New Zealand is the world's largest exporter of milk powder, with tourism a key contributor to the NZ economy. Heavy export volumes to China make the Kiwi Dollar sensitive to economic data from China. The NZD/USD pairing is equal 7th most liquid pairing, accounting for 4% of total transaction volume.

	New Zealand		United States
Interest Rate	5.5% Apr 24		5.5% May 24
Inflation Rate	4% Mar 24		3.4% Apr 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AA+Stable	AaaNegative	AA+Stable

EUR-USD+0.52%

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Currencies

NZD/USD

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