NZD/USD Exchange Rate Today, Forecast & News

NZD/USD
New Zealand Dollar - US Dollar
Closed
0.59400-0.00170 (-0.28%)
As of: Apr 26, 2024 21:59 UTC
Open
0.59571
High
0.59701
Low
0.59289

Stats

Prev. Close

0.59570

Open

0.59571

Day's Range

0.59289 - 0.59701

52 Week Range

0.57735 - 0.65334

YTD Change

-5.99%

1 Year Change

-2.94%

Economic CalendarAll Events

Time zone: GMT

Friday, April 26th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Core PCE Price Index MoMMar	High	0.3%	0.3%	0.3%
12:30	USD	Personal Spending MoMMar	High	0.8%	0.6%	0.8%
12:30	USD	Personal Income MoMMar	High	0.5%	0.5%	0.3%
14:00	USD	Michigan Consumer Sentiment FinalApr	Medium	77.2	77.8	79.4

Monday, April 29th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	Dallas Fed Manufacturing IndexApr	Medium		-11	-14.4
19:00	USD	Treasury Refunding Financing Estimates	Medium

Tuesday, April 30th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
01:00	NZD	ANZ Business ConfidenceApr	Medium		24	22.9

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