Additionally, it’s advisable to convert US Dollars to New Zealand Dollars early in the week if you need NZD urgently. We partner with leading data providers to bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals. Compare our rate and fee with our competitors and see the difference for yourself.
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.
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.
Conversion Rates New Zealand Dollar/US Dollar
Bad octafx forex broker octafx review octafx information news for the Chinese economy likely means less New Zealand exports to the country, hitting the economy and thus its currency. Another factor moving NZD is dairy prices as the dairy industry is New Zealand’s main export. High dairy prices boost export income, contributing positively to the economy and thus to the NZD. Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.
US dollar to New Zealand dollars
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 markets are open.
Live NZD to USD Currency Converter
- Exchange rates can fluctuate by the minute while markets are open.
- The U.S. dollar is the currency most used in international transactions.
- 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.
- And with our daily summaries, you’ll never miss out on the latest news.
- To view rates between the US Dollar and the New Zealand Dollar for a particular year, click on one of the links below.
You’ll now 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.
On the contrary, lower interest rates tend to weaken NZD. The so-called rate differential, or how rates in New Zealand are or are expected to be compared to the ones set by the US Federal Reserve, can also play a key role in moving the NZD/USD pair. Create a chart for any currency pair in the world to see their currency history.
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