NZD/USD is a currency pair consisting of the New Zealand dollar and the US dollar. In trading jargon, this pair is also known as the Kiwi.

    It shows how many US dollars (the quote currency) it costs to purchase one New Zealand dollar (the base currency).

    Trading NZD/USD

    The Kiwi is one of the seven major currency pairs that contain the US dollar and are the most traded pairs on the forex market.

    As currency pairs are affected by external factors that influence an individual currency value, the NZD/USD will fluctuate according to the difference in interest rates set by the Reserve Bank of New Zealand and the Federal Reserve (Fed). For example, any intervention by the Reserve Bank of New Zealand in the markets aimed at strengthening the New Zealand dollar would be likely to see a rise in the value of the NZD/USD. Conversely, if the Fed takes action to strengthen the dollar by intervening in the markets the value of the NZD/USD would be likely to fall.

    To learn more about the economic impact on currency pairs, visit: