NZD/USD Exchange Rate Today, Forecast & News

NZD/USD
New Zealand Dollar - US Dollar
Open
0.59350+0.00136 (+0.23%)
As of: Apr 24, 2024 13:31 UTC
Open
0.59213
High
0.59658
Low
0.59025

Stats

Prev. Close

0.59213

Open

0.59213

Day's Range

0.59025 - 0.59658

52 Week Range

0.57735 - 0.65334

YTD Change

-6.07%

1 Year Change

-3.36%

Economic CalendarAll Events

Time zone: GMT

Tuesday, April 23rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
20:30	USD	API Crude Oil Stock ChangeApr/19	Medium	-3.23M	1.8M	4.090M
22:45	NZD	Balance of TradeMar	Medium	NZ$0.588B	NZ$-0.505B	NZ$-0.315B

Wednesday, April 24th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Durable Goods Orders Ex Transp MoMMar	Medium	0.2%	0.3%	0.1%
12:30	USD	Durable Goods Orders MoMMar	High	2.6%	2.5%	0.7%
14:30	USD	EIA Gasoline Stocks ChangeApr/19	Medium		-1.4M	-1.154M
14:30	USD	EIA Crude Oil Stocks ChangeApr/19	Medium		1.6M	2.735M

Thursday, April 25th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Initial Jobless ClaimsApr/20	Medium		215K	212K

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