NZD/USD Exchange Rate Today, Forecast & News

NZD/USD
New Zealand Dollar - US Dollar
Open
0.59227+0.00310 (+0.53%)
As of: Apr 18, 2024 04:14 UTC
Open
0.58916
High
0.59307
Low
0.58875

Stats

Prev. Close

0.58917

Open

0.58916

Day's Range

0.58875 - 0.59307

52 Week Range

0.57735 - 0.65334

YTD Change

-6.26%

1 Year Change

-4.18%

Economic CalendarAll Events

Time zone: GMT

Wednesday, April 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	EIA Gasoline Stocks ChangeApr/12	Medium	-1.154M		0.715M
20:00	USD	Net Long-term TIC FlowsFeb	Medium	$71.5B	$40.2B	$14B
21:30	USD	Fed Mester Speech	Medium
23:15	USD	Fed Bowman Speech	Medium

Thursday, April 18th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Philadelphia Fed Manufacturing IndexApr	Medium		1.5	3.2
12:30	USD	Initial Jobless ClaimsApr/13	Medium		215K	211K
13:05	USD	Fed Bowman Speech	Medium

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% Mar 24
Inflation Rate	4% Mar 24		3.5% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AA+Stable	AaaNegative	AA+Stable