The NZD/USD currency pair is based on the value of the New Zealand dollar against the US dollar. The price reflects how many US dollars (the quote currency) it would take to buy one New Zealand dollar (the base currency). Known as the ‘kiwi’, this currency pair is strongly correlated to the price of various commodities, such as coal and silver. In particular, it’s affected by dairy prices, given that New Zealand is one of the top exporters of dairy in the world. Analyse our NZD/USD live chart and start spread betting or trading CFDs on our NZD/USD forex cross.
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