These currency charts use live mid-market rates, are easy to use, and are very reliable. The author has not received compensation for writing this article, other than from FXStreet. On Thursday, New Zealand’s Treasury Chief Economic Adviser, Dominick what is a brokerage account and how do i open one Stephens, said it would likely revise down its economic and fiscal forecasts due to a prolonged slowdown in productivity.

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Central Bank Rates

However, the period between 3-4 PM GMT is often a good time to convert New Zealand Dollars to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it’s advisable to convert New Zealand Dollars to US Dollars early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends. The USD and NZD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. However, the period between 3-4 PM GMT is often a good time to convert US Dollars to New Zealand Dollars because currency market liquidity and trading volume tend to be the highest during this time.

USD to NZD Exchange Rates

Check live rates, send money securely, set rate alerts, receive notifications and more. 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.

1. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate.
2. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate.
3. The US Dollar may appreciate further due to the cautious remarks from Federal Reserve (Fed) officials.
4. The currency code for New Zealand Dollars is NZD.
5. This tends to lead to a more favorable outlook for commodities and so-called ‘commodity currencies’ such as the Kiwi.

What key factors drive the New Zealand Dollar?

The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Traders will be closely monitoring the US weekly Initial Jobless Claims, the Philadelphia Fed Manufacturing Index, and Existing Home Sales, all of which are scheduled for release later on Thursday. To view rates between the New Zealand Dollar and the US Dollar for a particular year, click on one of the links below. To view rates between the US Dollar and the New Zealand Dollar for a particular year, click on one of the links below.

Banks often advertise free or low-cost transfers, but add a hidden 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. The NZD and USD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while a beginner’s guide to investing in stocks markets are open.

You’ll now what rsi setting is best for day trading see the value of the converted currency according to the most recent exchange rate. Wise is a Money Service Business registered with FinCen. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider.