New Zealand Dollar
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1 NZD = 0.883 AUD
1 AUD = 1.133 NZD
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1 NZD = 854.727 ARS
1 ARS = 0.001 NZD
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1 NZD = 1693.855 BIF
1 BIF = 0.001 NZD
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1 NZD = 0.216 BHD
1 BHD = 4.622 NZD
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1 NZD = 3.973 BOB
1 BOB = 0.252 NZD
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1 NZD = 0.978 AZN
1 AZN = 1.022 NZD
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1 NZD = 50.527 BTN
1 BTN = 0.020 NZD
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1 NZD = 288.987 CRC
1 CRC = 0.003 NZD
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1 NZD = 12.053 CZK
1 CZK = 0.083 NZD
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1 NZD = 4.098 CNY
1 CNY = 0.244 NZD
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1 NZD = 3.702 DKK
1 DKK = 0.270 NZD
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1 NZD = 86.794 ETB
1 ETB = 0.012 NZD
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1 NZD = 4992.491 GNF
1 GNF = 0.000 NZD
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1 NZD = 3.734 HRK
1 HRK = 0.268 NZD
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1 NZD = 9554.692 IDR
1 IDR = 0.000 NZD
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1 NZD = 92.307 JMD
1 JMD = 0.011 NZD
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1 NZD = 50.328 KGS
1 KGS = 0.020 NZD
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1 NZD = 0.969 BAM
1 BAM = 1.032 NZD
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1 NZD = 1.036 ANG
1 ANG = 0.965 NZD
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1 NZD = 8.099 BWP
1 BWP = 0.123 NZD
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1 NZD = 0.747 BND
1 BND = 1.338 NZD
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1 NZD = 1311.134 CDF
1 CDF = 0.001 NZD
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1 NZD = 1.158 BZD
1 BZD = 0.864 NZD
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1 NZD = 19591.403 BYR
1 BYR = 0.000 NZD
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1 NZD = 0.969 BGN
1 BGN = 1.032 NZD
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1 NZD = 0.805 CAD
1 CAD = 1.242 NZD
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1 NZD = 75.062 DZD
1 DZD = 0.013 NZD
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1 NZD = 8.631 ERN
1 ERN = 0.116 NZD
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1 NZD = 27.355 EGP
1 EGP = 0.037 NZD
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1 NZD = 1.323 FJD
1 FJD = 0.756 NZD
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1 NZD = 0.432 GBP
1 GBP = 2.314 NZD
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1 NZD = 0.432 FKP
1 FKP = 2.314 NZD
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1 NZD = 4.406 GTQ
1 GTQ = 0.227 NZD
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1 NZD = 4.472 HKD
1 HKD = 0.224 NZD
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1 NZD = 193.601 HUF
1 HUF = 0.005 NZD
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1 NZD = 754.681 IQD
1 IQD = 0.001 NZD
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1 NZD = 24187.065 IRR
1 IRR = 0.000 NZD
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1 NZD = 243.783 KMF
1 KMF = 0.004 NZD
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1 NZD = 827.044 KRW
1 KRW = 0.001 NZD
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1 NZD = 47.879 ALL
1 ALL = 0.021 NZD
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1 NZD = 70.378 BDT
1 BDT = 0.014 NZD
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1 NZD = 1.030 AWG
1 AWG = 0.971 NZD
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1 NZD = 3.097 BRL
1 BRL = 0.323 NZD
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1 NZD = 0.012 BCH
1 BCH = 84.652 NZD
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1 NZD = 0.000 BTC
1 BTC = 193100.000 NZD
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1 NZD = 2.113 AED
1 AED = 0.473 NZD
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1 NZD = 526.440 AOA
1 AOA = 0.002 NZD
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1 NZD = 0.575 BSD
1 BSD = 1.738 NZD
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1 NZD = 544.646 CLP
1 CLP = 0.002 NZD
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1 NZD = 1.959 BYN
1 BYN = 0.510 NZD
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1 NZD = 2232.867 COP
1 COP = 0.000 NZD
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1 NZD = 13.796 CUP
1 CUP = 0.072 NZD
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1 NZD = 0.000 ETH
1 ETH = 6815.294 NZD
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1 NZD = 0.496 EUR
1 EUR = 2.018 NZD
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1 NZD = 15.118 HNL
1 HNL = 0.066 NZD
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1 NZD = 42.032 GMD
1 GMD = 0.024 NZD
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1 NZD = 0.432 GIP
1 GIP = 2.314 NZD
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1 NZD = 75.304 HTG
1 HTG = 0.013 NZD
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1 NZD = 0.408 JOD
1 JOD = 2.451 NZD
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1 NZD = 87.819 JPY
1 JPY = 0.011 NZD
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1 NZD = 38.196 AFN
1 AFN = 0.026 NZD
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1 NZD = 1.151 BBD
1 BBD = 0.869 NZD
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1 NZD = 0.575 BMD
1 BMD = 1.738 NZD
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1 NZD = 219.466 AMD
1 AMD = 0.005 NZD
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1 NZD = 0.458 CHF
1 CHF = 2.184 NZD
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1 NZD = 102.445 DJF
1 DJF = 0.010 NZD
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1 NZD = 36.717 DOP
1 DOP = 0.027 NZD
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1 NZD = 54.642 CVE
1 CVE = 0.018 NZD
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1 NZD = 1.567 GEL
1 GEL = 0.638 NZD
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1 NZD = 6.214 GHS
1 GHS = 0.161 NZD
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1 NZD = 120.277 GYD
1 GYD = 0.008 NZD
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1 NZD = 1.893 ILS
1 ILS = 0.528 NZD
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1 NZD = 50.527 INR
1 INR = 0.020 NZD
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1 NZD = 70.464 ISK
1 ISK = 0.014 NZD
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1 NZD = 2322.228 KHR
1 KHR = 0.000 NZD
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1 NZD = 74.285 KES
1 KES = 0.013 NZD
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1 NZD = 0.176 KWD
1 KWD = 5.668 NZD
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1 NZD = 309.281 KZT
1 KZT = 0.003 NZD
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1 NZD = 174.360 LKR
1 LKR = 0.006 NZD
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1 NZD = 5.314 MAD
1 MAD = 0.188 NZD
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1 NZD = 1208.148 MMK
1 MMK = 0.001 NZD
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1 NZD = 2068.784 MNT
1 MNT = 0.000 NZD
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1 NZD = 26.196 MUR
1 MUR = 0.038 NZD
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1 NZD = 230.439 MRO
1 MRO = 0.004 NZD
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1 NZD = 8.865 MVR
1 MVR = 0.113 NZD
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1 NZD = 998.602 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 = 80.879 NPR
1 NPR = 0.012 NZD
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1 NZD = 33.729 PHP
1 PHP = 0.030 NZD
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1 NZD = 162.570 PKR
1 PKR = 0.006 NZD
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1 NZD = 834.064 RWF
1 RWF = 0.001 NZD
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1 NZD = 0.006 LTC
1 LTC = 164.589 NZD
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1 NZD = 10.586 MXN
1 MXN = 0.094 NZD
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1 NZD = 21.153 NIO
1 NIO = 0.047 NZD
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1 NZD = 2.519 RON
1 RON = 0.397 NZD
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1 NZD = 517.861 KPW
1 KPW = 0.002 NZD
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1 NZD = 0.478 KYD
1 KYD = 2.091 NZD
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1 NZD = 51569.768 LBP
1 LBP = 0.000 NZD
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1 NZD = 3.130 LYD
1 LYD = 0.319 NZD
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1 NZD = 12474.941 LAK
1 LAK = 0.000 NZD
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1 NZD = 2575.091 MGA
1 MGA = 0.000 NZD
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1 NZD = 105.213 LRD
1 LRD = 0.010 NZD
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1 NZD = 30.541 MKD
1 MKD = 0.033 NZD
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1 NZD = 9.960 LSL
1 LSL = 0.100 NZD
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1 NZD = 4.606 MOP
1 MOP = 0.217 NZD
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1 NZD = 9.761 MDL
1 MDL = 0.102 NZD
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1 NZD = 9.960 NAD
1 NAD = 0.100 NZD
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1 NZD = 2.433 MYR
1 MYR = 0.411 NZD
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1 NZD = 0.221 OMR
1 OMR = 4.516 NZD
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1 NZD = 841.142 NGN
1 NGN = 0.001 NZD
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1 NZD = 2.418 PGK
1 PGK = 0.414 NZD
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1 NZD = 0.575 PAB
1 PAB = 1.738 NZD
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1 NZD = 1.952 PEN
1 PEN = 0.512 NZD
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1 NZD = 5.744 NOK
1 NOK = 0.174 NZD
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1 NZD = 2.096 PLN
1 PLN = 0.477 NZD
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1 NZD = 4068.571 PYG
1 PYG = 0.000 NZD
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1 NZD = 2.094 QAR
1 QAR = 0.477 NZD
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1 NZD = 4.876 SBD
1 SBD = 0.205 NZD
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1 NZD = 2.158 SAR
1 SAR = 0.463 NZD
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1 NZD = 0.747 SGD
1 SGD = 1.338 NZD
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1 NZD = 13298.291 SLL
1 SLL = 0.000 NZD
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1 NZD = 18.862 THB
1 THB = 0.053 NZD
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1 NZD = 17.707 TWD
1 TWD = 0.056 NZD
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1 NZD = 24.100 UAH
1 UAH = 0.041 NZD
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1 NZD = 2007.969 UGX
1 UGX = 0.000 NZD
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1 NZD = 22.871 SRD
1 SRD = 0.044 NZD
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1 NZD = 12229.875 STD
1 STD = 0.000 NZD
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1 NZD = 24.156 TRY
1 TRY = 0.041 NZD
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1 NZD = 3.903 TTD
1 TTD = 0.256 NZD
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1 NZD = 1.382 TOP
1 TOP = 0.724 NZD
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1 NZD = 6965.418 UZS
1 UZS = 0.000 NZD
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1 NZD = 137.482 YER
1 YER = 0.007 NZD
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1 NZD = 9.960 ZAR
1 ZAR = 0.100 NZD
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1 NZD = 58.082 RSD
1 RSD = 0.017 NZD
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1 NZD = 46.762 RUB
1 RUB = 0.021 NZD
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1 NZD = 327.297 SOS
1 SOS = 0.003 NZD
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1 NZD = 5.035 SVC
1 SVC = 0.199 NZD
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1 NZD = 6362.219 SYP
1 SYP = 0.000 NZD
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1 NZD = 9.960 SZL
1 SZL = 0.100 NZD
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1 NZD = 1.690 TND
1 TND = 0.592 NZD
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1 NZD = 22.879 UYU
1 UYU = 0.044 NZD
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1 NZD = 15150.757 VND
1 VND = 0.000 NZD
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1 NZD = 70.182 VUV
1 VUV = 0.014 NZD
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1 NZD = 1.615 WST
1 WST = 0.619 NZD
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1 NZD = 325.047 XAF
1 XAF = 0.003 NZD
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1 NZD = 1.558 XCD
1 XCD = 0.642 NZD
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1 NZD = 8.101 SCR
1 SCR = 0.123 NZD
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1 NZD = 5.409 SEK
1 SEK = 0.185 NZD
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1 NZD = 0.432 SHP
1 SHP = 2.314 NZD
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1 NZD = 1430.318 TZS
1 TZS = 0.001 NZD
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1 NZD = 0.575 USD
1 USD = 1.738 NZD
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1 NZD = 59.135 XPF
1 XPF = 0.017 NZD
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1 NZD = 325.047 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.