New Zealand Dollar

The New Zealand Dollar is the currency of New Zealand (NZ)
1 NZD = 0.932 AUD
1 AUD = 1.073 NZD
1 NZD = 521.573 ARS
1 ARS = 0.002 NZD
1 NZD = 1757.099 BIF
1 BIF = 0.001 NZD
1 NZD = 0.232 BHD
1 BHD = 4.317 NZD
1 NZD = 4.246 BOB
1 BOB = 0.236 NZD
1 NZD = 1.045 AZN
1 AZN = 0.957 NZD
1 NZD = 50.865 BTN
1 BTN = 0.020 NZD
1 NZD = 314.327 CRC
1 CRC = 0.003 NZD
1 NZD = 14.245 CZK
1 CZK = 0.070 NZD
1 NZD = 4.413 CNY
1 CNY = 0.227 NZD
1 NZD = 4.201 DKK
1 DKK = 0.238 NZD
1 NZD = 34.886 ETB
1 ETB = 0.029 NZD
1 NZD = 5281.573 GNF
1 GNF = 0.000 NZD
1 NZD = 4.245 HRK
1 HRK = 0.236 NZD
1 NZD = 9551.998 IDR
1 IDR = 0.000 NZD
1 NZD = 95.378 JMD
1 JMD = 0.010 NZD
1 NZD = 54.966 KGS
1 KGS = 0.018 NZD
1 NZD = 1.099 BAM
1 BAM = 0.910 NZD
1 NZD = 1.107 ANG
1 ANG = 0.903 NZD
1 NZD = 8.339 BWP
1 BWP = 0.120 NZD
1 NZD = 0.818 BND
1 BND = 1.223 NZD
1 NZD = 1705.187 CDF
1 CDF = 0.001 NZD
1 NZD = 1.239 BZD
1 BZD = 0.807 NZD
1 NZD = 20067.240 BYR
1 BYR = 0.000 NZD
1 NZD = 1.100 BGN
1 BGN = 0.909 NZD
1 NZD = 0.830 CAD
1 CAD = 1.204 NZD
1 NZD = 82.637 DZD
1 DZD = 0.012 NZD
1 NZD = 9.219 ERN
1 ERN = 0.108 NZD
1 NZD = 29.994 EGP
1 EGP = 0.033 NZD
1 NZD = 1.372 FJD
1 FJD = 0.729 NZD
1 NZD = 0.482 GBP
1 GBP = 2.076 NZD
1 NZD = 0.482 FKP
1 FKP = 2.076 NZD
1 NZD = 4.798 GTQ
1 GTQ = 0.208 NZD
1 NZD = 4.809 HKD
1 HKD = 0.208 NZD
1 NZD = 224.499 HUF
1 HUF = 0.004 NZD
1 NZD = 804.954 IQD
1 IQD = 0.001 NZD
1 NZD = 25837.431 IRR
1 IRR = 0.000 NZD
1 NZD = 276.921 KMF
1 KMF = 0.004 NZD
1 NZD = 806.829 KRW
1 KRW = 0.001 NZD
1 NZD = 58.424 ALL
1 ALL = 0.017 NZD
1 NZD = 67.437 BDT
1 BDT = 0.015 NZD
1 NZD = 1.106 AWG
1 AWG = 0.904 NZD
1 NZD = 3.062 BRL
1 BRL = 0.327 NZD
1 NZD = 0.001 BCH
1 BCH = 695.894 NZD
1 NZD = 0.000 BTC
1 BTC = 116214.286 NZD
1 NZD = 2.257 AED
1 AED = 0.443 NZD
1 NZD = 512.643 AOA
1 AOA = 0.002 NZD
1 NZD = 0.615 BSD
1 BSD = 1.627 NZD
1 NZD = 592.293 CLP
1 CLP = 0.002 NZD
1 NZD = 2.011 BYN
1 BYN = 0.497 NZD
1 NZD = 2404.831 COP
1 COP = 0.000 NZD
1 NZD = 15.827 CUP
1 CUP = 0.063 NZD
1 NZD = 0.000 ETH
1 ETH = 6534.137 NZD
1 NZD = 0.563 EUR
1 EUR = 1.775 NZD
1 NZD = 15.175 HNL
1 HNL = 0.066 NZD
1 NZD = 41.779 GMD
1 GMD = 0.024 NZD
1 NZD = 0.482 GIP
1 GIP = 2.076 NZD
1 NZD = 81.469 HTG
1 HTG = 0.012 NZD
1 NZD = 0.436 JOD
1 JOD = 2.295 NZD
1 NZD = 90.842 JPY
1 JPY = 0.011 NZD
1 NZD = 43.589 AFN
1 AFN = 0.023 NZD
1 NZD = 1.229 BBD
1 BBD = 0.814 NZD
1 NZD = 0.615 BMD
1 BMD = 1.627 NZD
1 NZD = 247.505 AMD
1 AMD = 0.004 NZD
1 NZD = 0.540 CHF
1 CHF = 1.851 NZD
1 NZD = 109.422 DJF
1 DJF = 0.009 NZD
1 NZD = 36.317 DOP
1 DOP = 0.028 NZD
1 NZD = 61.967 CVE
1 CVE = 0.016 NZD
1 NZD = 1.632 GEL
1 GEL = 0.613 NZD
1 NZD = 7.878 GHS
1 GHS = 0.127 NZD
1 NZD = 128.691 GYD
1 GYD = 0.008 NZD
1 NZD = 2.249 ILS
1 ILS = 0.445 NZD
1 NZD = 50.883 INR
1 INR = 0.020 NZD
1 NZD = 83.768 ISK
1 ISK = 0.012 NZD
1 NZD = 2488.537 KHR
1 KHR = 0.000 NZD
1 NZD = 85.433 KES
1 KES = 0.012 NZD
1 NZD = 0.189 KWD
1 KWD = 5.296 NZD
1 NZD = 275.753 KZT
1 KZT = 0.004 NZD
1 NZD = 188.752 LKR
1 LKR = 0.005 NZD
1 NZD = 6.167 MAD
1 MAD = 0.162 NZD
1 NZD = 1290.418 MMK
1 MMK = 0.001 NZD
1 NZD = 2120.467 MNT
1 MNT = 0.000 NZD
1 NZD = 28.144 MUR
1 MUR = 0.036 NZD
1 NZD = 244.333 MRO
1 MRO = 0.004 NZD
1 NZD = 9.465 MVR
1 MVR = 0.106 NZD
1 NZD = 1034.345 MWK
1 MWK = 0.001 NZD
1 NZD = 1.000 NZD
1 NZD = 1.000 NZD
1 NZD = 81.383 NPR
1 NPR = 0.012 NZD
1 NZD = 34.058 PHP
1 PHP = 0.029 NZD
1 NZD = 171.530 PKR
1 PKR = 0.006 NZD
1 NZD = 788.660 RWF
1 RWF = 0.001 NZD
1 NZD = 0.006 LTC
1 LTC = 157.930 NZD
1 NZD = 10.347 MXN
1 MXN = 0.097 NZD
1 NZD = 22.615 NIO
1 NIO = 0.044 NZD
1 NZD = 2.798 RON
1 RON = 0.357 NZD
1 NZD = 553.165 KPW
1 KPW = 0.002 NZD
1 NZD = 0.512 KYD
1 KYD = 1.953 NZD
1 NZD = 55025.753 LBP
1 LBP = 0.000 NZD
1 NZD = 2.953 LYD
1 LYD = 0.339 NZD
1 NZD = 12823.970 LAK
1 LAK = 0.000 NZD
1 NZD = 2765.630 MGA
1 MGA = 0.000 NZD
1 NZD = 117.763 LRD
1 LRD = 0.008 NZD
1 NZD = 34.707 MKD
1 MKD = 0.029 NZD
1 NZD = 11.414 LSL
1 LSL = 0.088 NZD
1 NZD = 4.952 MOP
1 MOP = 0.202 NZD
1 NZD = 10.787 MDL
1 MDL = 0.093 NZD
1 NZD = 11.414 NAD
1 NAD = 0.088 NZD
1 NZD = 2.875 MYR
1 MYR = 0.348 NZD
1 NZD = 0.237 OMR
1 OMR = 4.226 NZD
1 NZD = 968.156 NGN
1 NGN = 0.001 NZD
1 NZD = 2.347 PGK
1 PGK = 0.426 NZD
1 NZD = 0.615 PAB
1 PAB = 1.627 NZD
1 NZD = 2.268 PEN
1 PEN = 0.441 NZD
1 NZD = 6.465 NOK
1 NOK = 0.155 NZD
1 NZD = 2.416 PLN
1 PLN = 0.414 NZD
1 NZD = 4479.705 PYG
1 PYG = 0.000 NZD
1 NZD = 2.241 QAR
1 QAR = 0.446 NZD
1 NZD = 5.185 SBD
1 SBD = 0.193 NZD
1 NZD = 2.305 SAR
1 SAR = 0.434 NZD
1 NZD = 0.819 SGD
1 SGD = 1.221 NZD
1 NZD = 12888.445 SLL
1 SLL = 0.000 NZD
1 NZD = 21.965 THB
1 THB = 0.046 NZD
1 NZD = 19.344 TWD
1 TWD = 0.052 NZD
1 NZD = 23.659 UAH
1 UAH = 0.042 NZD
1 NZD = 2401.401 UGX
1 UGX = 0.000 NZD
1 NZD = 21.734 SRD
1 SRD = 0.046 NZD
1 NZD = 13695.022 STD
1 STD = 0.000 NZD
1 NZD = 19.699 TRY
1 TRY = 0.051 NZD
1 NZD = 4.175 TTD
1 TTD = 0.240 NZD
1 NZD = 1.451 TOP
1 TOP = 0.689 NZD
1 NZD = 7701.721 UZS
1 UZS = 0.000 NZD
1 NZD = 153.841 YER
1 YER = 0.007 NZD
1 NZD = 11.506 ZAR
1 ZAR = 0.087 NZD
1 NZD = 66.030 RSD
1 RSD = 0.015 NZD
1 NZD = 56.130 RUB
1 RUB = 0.018 NZD
1 NZD = 351.192 SOS
1 SOS = 0.003 NZD
1 NZD = 5.377 SVC
1 SVC = 0.186 NZD
1 NZD = 1544.272 SYP
1 SYP = 0.001 NZD
1 NZD = 11.410 SZL
1 SZL = 0.088 NZD
1 NZD = 1.903 TND
1 TND = 0.525 NZD
1 NZD = 23.864 UYU
1 UYU = 0.042 NZD
1 NZD = 15151.690 VND
1 VND = 0.000 NZD
1 NZD = 72.969 VUV
1 VUV = 0.014 NZD
1 NZD = 1.721 WST
1 WST = 0.581 NZD
1 NZD = 369.502 XAF
1 XAF = 0.003 NZD
1 NZD = 1.661 XCD
1 XCD = 0.602 NZD
1 NZD = 8.255 SCR
1 SCR = 0.121 NZD
1 NZD = 6.301 SEK
1 SEK = 0.159 NZD
1 NZD = 0.482 SHP
1 SHP = 2.076 NZD
1 NZD = 1566.915 TZS
1 TZS = 0.001 NZD
1 NZD = 0.615 USD
1 USD = 1.627 NZD
1 NZD = 67.222 XPF
1 XPF = 0.015 NZD
1 NZD = 369.502 XOF
1 XOF = 0.003 NZD

Evolution of the NZD Exchange Rate

The New Zealand Dollar (NZD) exchange rate has experienced various fluctuations over time. Since its introduction in 1967, the NZD has gone through several periods of appreciation and depreciation against major currencies like the US Dollar, Euro, and Japanese Yen. Overall, the NZD has shown a long-term upward trend due to New Zealand's strong economic performance and stable monetary policy.

Variations in the NZD Exchange Rate

The NZD exchange rate is influenced by a range of factors such as market sentiment, economic indicators, interest rates, and commodity prices. Variations in the exchange rate can be driven by changes in global economic conditions, political events, and shifts in investor confidence. Due to New Zealand's reliance on agricultural exports, the NZD is often influenced by fluctuations in commodity prices, particularly for dairy and meat products.

Significance of NZD in the Global Economy

While the NZD is not one of the major reserve currencies, it plays a significant role in the global economy. New Zealand has a stable and well-regulated financial system, making the NZD an attractive currency for investors. The country is heavily reliant on international trade, especially in agricultural and dairy products, which further increases the importance of the NZD in the global economy.

Shocks Experienced by NZD and Correlation with Other Currencies

The NZD has been subjected to various economic shocks in the past, including global financial crises, commodity price fluctuations, and changes in New Zealand's economic fundamentals. During times of uncertainty, the NZD often experiences increased volatility. The NZD has a positive correlation with other commodity-based currencies, such as the Australian Dollar and Canadian Dollar, as they are influenced by similar factors. Additionally, the NZD can also show a negative correlation with safe-haven currencies like the Japanese Yen or Swiss Franc during periods of market turmoil.