New Zealand Dollar
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1 NZD = 0.904 AUD
1 AUD = 1.107 NZD
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1 NZD = 776.095 ARS
1 ARS = 0.001 NZD
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1 NZD = 1745.969 BIF
1 BIF = 0.001 NZD
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1 NZD = 0.221 BHD
1 BHD = 4.530 NZD
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1 NZD = 4.057 BOB
1 BOB = 0.246 NZD
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1 NZD = 0.998 AZN
1 AZN = 1.002 NZD
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1 NZD = 51.236 BTN
1 BTN = 0.020 NZD
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1 NZD = 296.013 CRC
1 CRC = 0.003 NZD
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1 NZD = 12.278 CZK
1 CZK = 0.081 NZD
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1 NZD = 4.208 CNY
1 CNY = 0.238 NZD
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1 NZD = 3.736 DKK
1 DKK = 0.268 NZD
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1 NZD = 83.233 ETB
1 ETB = 0.012 NZD
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1 NZD = 5091.041 GNF
1 GNF = 0.000 NZD
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1 NZD = 4.122 HRK
1 HRK = 0.243 NZD
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1 NZD = 9532.639 IDR
1 IDR = 0.000 NZD
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1 NZD = 94.098 JMD
1 JMD = 0.011 NZD
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1 NZD = 51.356 KGS
1 KGS = 0.019 NZD
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1 NZD = 0.979 BAM
1 BAM = 1.022 NZD
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1 NZD = 1.057 ANG
1 ANG = 0.946 NZD
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1 NZD = 8.005 BWP
1 BWP = 0.125 NZD
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1 NZD = 0.752 BND
1 BND = 1.330 NZD
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1 NZD = 1702.028 CDF
1 CDF = 0.001 NZD
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1 NZD = 1.180 BZD
1 BZD = 0.847 NZD
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1 NZD = 19812.645 BYR
1 BYR = 0.000 NZD
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1 NZD = 0.979 BGN
1 BGN = 1.022 NZD
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1 NZD = 0.812 CAD
1 CAD = 1.231 NZD
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1 NZD = 76.103 DZD
1 DZD = 0.013 NZD
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1 NZD = 8.807 ERN
1 ERN = 0.114 NZD
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1 NZD = 28.475 EGP
1 EGP = 0.035 NZD
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1 NZD = 1.327 FJD
1 FJD = 0.753 NZD
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1 NZD = 0.434 GBP
1 GBP = 2.307 NZD
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1 NZD = 0.434 FKP
1 FKP = 2.307 NZD
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1 NZD = 4.501 GTQ
1 GTQ = 0.222 NZD
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1 NZD = 4.588 HKD
1 HKD = 0.218 NZD
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1 NZD = 197.496 HUF
1 HUF = 0.005 NZD
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1 NZD = 769.032 IQD
1 IQD = 0.001 NZD
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1 NZD = 24697.213 IRR
1 IRR = 0.000 NZD
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1 NZD = 246.243 KMF
1 KMF = 0.004 NZD
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1 NZD = 810.907 KRW
1 KRW = 0.001 NZD
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1 NZD = 48.811 ALL
1 ALL = 0.020 NZD
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1 NZD = 71.378 BDT
1 BDT = 0.014 NZD
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1 NZD = 1.051 AWG
1 AWG = 0.951 NZD
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1 NZD = 3.178 BRL
1 BRL = 0.315 NZD
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1 NZD = 0.001 BCH
1 BCH = 960.620 NZD
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1 NZD = 0.000 BTC
1 BTC = 189242.222 NZD
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1 NZD = 2.156 AED
1 AED = 0.464 NZD
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1 NZD = 536.866 AOA
1 AOA = 0.002 NZD
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1 NZD = 0.587 BSD
1 BSD = 1.703 NZD
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1 NZD = 565.985 CLP
1 CLP = 0.002 NZD
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1 NZD = 1.982 BYN
1 BYN = 0.505 NZD
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1 NZD = 2354.989 COP
1 COP = 0.000 NZD
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1 NZD = 14.088 CUP
1 CUP = 0.071 NZD
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1 NZD = 0.000 ETH
1 ETH = 7437.467 NZD
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1 NZD = 0.501 EUR
1 EUR = 1.998 NZD
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1 NZD = 15.373 HNL
1 HNL = 0.065 NZD
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1 NZD = 42.537 GMD
1 GMD = 0.024 NZD
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1 NZD = 0.434 GIP
1 GIP = 2.307 NZD
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1 NZD = 76.836 HTG
1 HTG = 0.013 NZD
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1 NZD = 0.416 JOD
1 JOD = 2.402 NZD
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1 NZD = 86.080 JPY
1 JPY = 0.012 NZD
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1 NZD = 40.175 AFN
1 AFN = 0.025 NZD
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1 NZD = 1.174 BBD
1 BBD = 0.852 NZD
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1 NZD = 0.587 BMD
1 BMD = 1.703 NZD
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1 NZD = 224.852 AMD
1 AMD = 0.004 NZD
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1 NZD = 0.470 CHF
1 CHF = 2.128 NZD
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1 NZD = 104.516 DJF
1 DJF = 0.010 NZD
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1 NZD = 36.611 DOP
1 DOP = 0.027 NZD
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1 NZD = 55.193 CVE
1 CVE = 0.018 NZD
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1 NZD = 1.583 GEL
1 GEL = 0.632 NZD
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1 NZD = 6.461 GHS
1 GHS = 0.155 NZD
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1 NZD = 122.723 GYD
1 GYD = 0.008 NZD
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1 NZD = 1.978 ILS
1 ILS = 0.506 NZD
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1 NZD = 51.236 INR
1 INR = 0.020 NZD
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1 NZD = 71.779 ISK
1 ISK = 0.014 NZD
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1 NZD = 2351.842 KHR
1 KHR = 0.000 NZD
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1 NZD = 75.853 KES
1 KES = 0.013 NZD
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1 NZD = 0.179 KWD
1 KWD = 5.579 NZD
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1 NZD = 315.609 KZT
1 KZT = 0.003 NZD
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1 NZD = 177.123 LKR
1 LKR = 0.006 NZD
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1 NZD = 5.287 MAD
1 MAD = 0.189 NZD
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1 NZD = 1232.559 MMK
1 MMK = 0.001 NZD
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1 NZD = 2116.048 MNT
1 MNT = 0.000 NZD
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1 NZD = 27.041 MUR
1 MUR = 0.037 NZD
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1 NZD = 234.649 MRO
1 MRO = 0.004 NZD
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1 NZD = 9.066 MVR
1 MVR = 0.110 NZD
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1 NZD = 1018.325 MWK
1 MWK = 0.001 NZD
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1 NZD = 1.000 NZD
1 NZD = 1.000 NZD
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1 NZD = 82.016 NPR
1 NPR = 0.012 NZD
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1 NZD = 33.156 PHP
1 PHP = 0.030 NZD
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1 NZD = 166.486 PKR
1 PKR = 0.006 NZD
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1 NZD = 849.523 RWF
1 RWF = 0.001 NZD
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1 NZD = 0.005 LTC
1 LTC = 196.899 NZD
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1 NZD = 10.911 MXN
1 MXN = 0.092 NZD
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1 NZD = 21.615 NIO
1 NIO = 0.046 NZD
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1 NZD = 2.530 RON
1 RON = 0.395 NZD
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1 NZD = 528.448 KPW
1 KPW = 0.002 NZD
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1 NZD = 0.488 KYD
1 KYD = 2.047 NZD
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1 NZD = 52912.552 LBP
1 LBP = 0.000 NZD
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1 NZD = 3.185 LYD
1 LYD = 0.314 NZD
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1 NZD = 12696.309 LAK
1 LAK = 0.000 NZD
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1 NZD = 2572.828 MGA
1 MGA = 0.000 NZD
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1 NZD = 117.760 LRD
1 LRD = 0.008 NZD
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1 NZD = 31.123 MKD
1 MKD = 0.032 NZD
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1 NZD = 10.240 LSL
1 LSL = 0.098 NZD
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1 NZD = 4.725 MOP
1 MOP = 0.212 NZD
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1 NZD = 9.871 MDL
1 MDL = 0.101 NZD
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1 NZD = 10.240 NAD
1 NAD = 0.098 NZD
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1 NZD = 2.482 MYR
1 MYR = 0.403 NZD
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1 NZD = 0.226 OMR
1 OMR = 4.425 NZD
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1 NZD = 901.373 NGN
1 NGN = 0.001 NZD
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1 NZD = 2.481 PGK
1 PGK = 0.403 NZD
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1 NZD = 0.587 PAB
1 PAB = 1.703 NZD
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1 NZD = 2.061 PEN
1 PEN = 0.485 NZD
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1 NZD = 5.897 NOK
1 NOK = 0.170 NZD
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1 NZD = 2.129 PLN
1 PLN = 0.470 NZD
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1 NZD = 4253.461 PYG
1 PYG = 0.000 NZD
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1 NZD = 2.137 QAR
1 QAR = 0.468 NZD
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1 NZD = 4.987 SBD
1 SBD = 0.201 NZD
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1 NZD = 2.202 SAR
1 SAR = 0.454 NZD
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1 NZD = 0.752 SGD
1 SGD = 1.330 NZD
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1 NZD = 13327.071 SLL
1 SLL = 0.000 NZD
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1 NZD = 18.978 THB
1 THB = 0.053 NZD
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1 NZD = 17.792 TWD
1 TWD = 0.056 NZD
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1 NZD = 24.270 UAH
1 UAH = 0.041 NZD
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1 NZD = 2091.235 UGX
1 UGX = 0.000 NZD
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1 NZD = 22.135 SRD
1 SRD = 0.045 NZD
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1 NZD = 12455.818 STD
1 STD = 0.000 NZD
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1 NZD = 24.078 TRY
1 TRY = 0.042 NZD
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1 NZD = 3.986 TTD
1 TTD = 0.251 NZD
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1 NZD = 1.413 TOP
1 TOP = 0.708 NZD
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1 NZD = 7290.656 UZS
1 UZS = 0.000 NZD
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1 NZD = 141.024 YER
1 YER = 0.007 NZD
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1 NZD = 10.240 ZAR
1 ZAR = 0.098 NZD
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1 NZD = 58.650 RSD
1 RSD = 0.017 NZD
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1 NZD = 47.310 RUB
1 RUB = 0.021 NZD
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1 NZD = 334.822 SOS
1 SOS = 0.003 NZD
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1 NZD = 5.137 SVC
1 SVC = 0.195 NZD
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1 NZD = 7634.366 SYP
1 SYP = 0.000 NZD
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1 NZD = 10.240 SZL
1 SZL = 0.098 NZD
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1 NZD = 1.711 TND
1 TND = 0.585 NZD
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1 NZD = 23.529 UYU
1 UYU = 0.043 NZD
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1 NZD = 15467.655 VND
1 VND = 0.000 NZD
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1 NZD = 70.457 VUV
1 VUV = 0.014 NZD
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1 NZD = 1.595 WST
1 WST = 0.627 NZD
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1 NZD = 328.325 XAF
1 XAF = 0.003 NZD
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1 NZD = 1.589 XCD
1 XCD = 0.629 NZD
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1 NZD = 8.432 SCR
1 SCR = 0.119 NZD
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1 NZD = 5.576 SEK
1 SEK = 0.179 NZD
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1 NZD = 0.434 SHP
1 SHP = 2.307 NZD
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1 NZD = 1465.153 TZS
1 TZS = 0.001 NZD
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1 NZD = 0.587 USD
1 USD = 1.703 NZD
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1 NZD = 59.729 XPF
1 XPF = 0.017 NZD
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1 NZD = 328.325 XOF
1 XOF = 0.003 NZD
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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.