NZD/USD Exchange Rate Today, Forecast & News

NZD/USD
New Zealand Dollar - US Dollar
Open
0.64855-0.00053 (-0.08%)
As of: Jan 27, 2023 18:12 UTC
Open
0.64875
High
0.65405
Low
0.64338

Stats

Prev. Close

0.64908

Open

0.64875

Day's Range

0.64338 - 0.65405

52 Week Range

0.54566 - 0.70342

YTD Change

2.13%

1 Year Change

-2.63%

Economic CalendarAll Events

Time zone: GMT

Friday, January 27th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:30	USD	Personal Spending MoMDec	High	-0.2%	-0.1%	-0.1%
15:00	USD	Pending Home Sales MoMDec	Medium	2.5%	-0.9%	-2.6%
15:00	USD	Pending Home Sales YoYDec	Medium	-33.8%	-25%	-36.9%
15:00	USD	Michigan Consumer Sentiment FinalJan	Medium	64.9	64.6	59.7

Sunday, January 29th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
21:45	NZD	Balance of TradeDec	Medium		NZ$-1.1B	NZ$-1.86B

Monday, January 30th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
15:30	USD	Dallas Fed Manufacturing IndexJan	Medium		-11	-18.8

Tuesday, January 31st 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:30	USD	Employment Cost - Wages QoQQ4	Medium		1%	1.3%

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	4.25% Dec 22		4.5% Dec 22
Inflation Rate	7.2% Dec 22		6.5% Dec 22
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AA+Stable	AaaStable	AA+Stable