New Zealand Dollar
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1 NZD = 0.914 AUD
1 AUD = 1.094 NZD
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1 NZD = 806.662 ARS
1 ARS = 0.001 NZD
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1 NZD = 1739.673 BIF
1 BIF = 0.001 NZD
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1 NZD = 0.222 BHD
1 BHD = 4.495 NZD
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1 NZD = 4.086 BOB
1 BOB = 0.245 NZD
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1 NZD = 1.006 AZN
1 AZN = 0.994 NZD
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1 NZD = 51.657 BTN
1 BTN = 0.019 NZD
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1 NZD = 299.130 CRC
1 CRC = 0.003 NZD
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1 NZD = 12.564 CZK
1 CZK = 0.080 NZD
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1 NZD = 4.267 CNY
1 CNY = 0.234 NZD
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1 NZD = 3.810 DKK
1 DKK = 0.262 NZD
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1 NZD = 81.755 ETB
1 ETB = 0.012 NZD
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1 NZD = 5135.432 GNF
1 GNF = 0.000 NZD
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1 NZD = 3.848 HRK
1 HRK = 0.260 NZD
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1 NZD = 9689.759 IDR
1 IDR = 0.000 NZD
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1 NZD = 94.806 JMD
1 JMD = 0.011 NZD
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1 NZD = 51.736 KGS
1 KGS = 0.019 NZD
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1 NZD = 0.999 BAM
1 BAM = 1.001 NZD
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1 NZD = 1.063 ANG
1 ANG = 0.941 NZD
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1 NZD = 8.390 BWP
1 BWP = 0.119 NZD
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1 NZD = 0.763 BND
1 BND = 1.311 NZD
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1 NZD = 1705.295 CDF
1 CDF = 0.001 NZD
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1 NZD = 1.192 BZD
1 BZD = 0.839 NZD
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1 NZD = 19403.065 BYR
1 BYR = 0.000 NZD
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1 NZD = 0.999 BGN
1 BGN = 1.001 NZD
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1 NZD = 0.816 CAD
1 CAD = 1.226 NZD
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1 NZD = 77.471 DZD
1 DZD = 0.013 NZD
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1 NZD = 8.874 ERN
1 ERN = 0.113 NZD
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1 NZD = 28.796 EGP
1 EGP = 0.035 NZD
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1 NZD = 1.340 FJD
1 FJD = 0.746 NZD
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1 NZD = 0.446 GBP
1 GBP = 2.243 NZD
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1 NZD = 0.446 FKP
1 FKP = 2.243 NZD
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1 NZD = 4.539 GTQ
1 GTQ = 0.220 NZD
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1 NZD = 4.644 HKD
1 HKD = 0.215 NZD
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1 NZD = 203.544 HUF
1 HUF = 0.005 NZD
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1 NZD = 775.093 IQD
1 IQD = 0.001 NZD
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1 NZD = 24914.926 IRR
1 IRR = 0.000 NZD
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1 NZD = 251.263 KMF
1 KMF = 0.004 NZD
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1 NZD = 821.115 KRW
1 KRW = 0.001 NZD
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1 NZD = 50.049 ALL
1 ALL = 0.020 NZD
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1 NZD = 72.324 BDT
1 BDT = 0.014 NZD
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1 NZD = 1.059 AWG
1 AWG = 0.944 NZD
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1 NZD = 3.279 BRL
1 BRL = 0.305 NZD
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1 NZD = 0.001 BCH
1 BCH = 907.787 NZD
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1 NZD = 0.000 BTC
1 BTC = 187811.111 NZD
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1 NZD = 2.173 AED
1 AED = 0.460 NZD
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1 NZD = 539.502 AOA
1 AOA = 0.002 NZD
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1 NZD = 0.592 BSD
1 BSD = 1.690 NZD
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1 NZD = 573.531 CLP
1 CLP = 0.002 NZD
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1 NZD = 1.940 BYN
1 BYN = 0.515 NZD
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1 NZD = 2439.076 COP
1 COP = 0.000 NZD
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1 NZD = 14.189 CUP
1 CUP = 0.070 NZD
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1 NZD = 0.000 ETH
1 ETH = 6036.786 NZD
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1 NZD = 0.511 EUR
1 EUR = 1.958 NZD
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1 NZD = 15.508 HNL
1 HNL = 0.064 NZD
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1 NZD = 42.983 GMD
1 GMD = 0.023 NZD
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1 NZD = 0.446 GIP
1 GIP = 2.243 NZD
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1 NZD = 77.661 HTG
1 HTG = 0.013 NZD
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1 NZD = 0.419 JOD
1 JOD = 2.384 NZD
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1 NZD = 87.440 JPY
1 JPY = 0.011 NZD
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1 NZD = 40.664 AFN
1 AFN = 0.025 NZD
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1 NZD = 1.183 BBD
1 BBD = 0.845 NZD
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1 NZD = 0.592 BMD
1 BMD = 1.690 NZD
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1 NZD = 226.895 AMD
1 AMD = 0.004 NZD
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1 NZD = 0.476 CHF
1 CHF = 2.102 NZD
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1 NZD = 105.543 DJF
1 DJF = 0.009 NZD
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1 NZD = 35.953 DOP
1 DOP = 0.028 NZD
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1 NZD = 56.318 CVE
1 CVE = 0.018 NZD
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1 NZD = 1.600 GEL
1 GEL = 0.625 NZD
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1 NZD = 6.208 GHS
1 GHS = 0.161 NZD
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1 NZD = 123.741 GYD
1 GYD = 0.008 NZD
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1 NZD = 2.019 ILS
1 ILS = 0.495 NZD
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1 NZD = 51.657 INR
1 INR = 0.019 NZD
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1 NZD = 73.094 ISK
1 ISK = 0.014 NZD
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1 NZD = 2373.573 KHR
1 KHR = 0.000 NZD
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1 NZD = 76.436 KES
1 KES = 0.013 NZD
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1 NZD = 0.181 KWD
1 KWD = 5.534 NZD
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1 NZD = 321.227 KZT
1 KZT = 0.003 NZD
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1 NZD = 178.235 LKR
1 LKR = 0.006 NZD
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1 NZD = 5.370 MAD
1 MAD = 0.186 NZD
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1 NZD = 1241.649 MMK
1 MMK = 0.001 NZD
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1 NZD = 2126.439 MNT
1 MNT = 0.000 NZD
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1 NZD = 27.693 MUR
1 MUR = 0.036 NZD
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1 NZD = 235.822 MRO
1 MRO = 0.004 NZD
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1 NZD = 9.113 MVR
1 MVR = 0.110 NZD
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1 NZD = 1026.504 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 = 82.689 NPR
1 NPR = 0.012 NZD
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1 NZD = 34.276 PHP
1 PHP = 0.029 NZD
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1 NZD = 167.881 PKR
1 PKR = 0.006 NZD
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1 NZD = 854.298 RWF
1 RWF = 0.001 NZD
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1 NZD = 0.006 LTC
1 LTC = 180.646 NZD
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1 NZD = 11.156 MXN
1 MXN = 0.090 NZD
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1 NZD = 21.762 NIO
1 NIO = 0.046 NZD
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1 NZD = 2.590 RON
1 RON = 0.386 NZD
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1 NZD = 532.450 KPW
1 KPW = 0.002 NZD
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1 NZD = 0.485 KYD
1 KYD = 2.061 NZD
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1 NZD = 53430.279 LBP
1 LBP = 0.000 NZD
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1 NZD = 3.227 LYD
1 LYD = 0.310 NZD
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1 NZD = 12730.699 LAK
1 LAK = 0.000 NZD
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1 NZD = 2626.143 MGA
1 MGA = 0.000 NZD
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1 NZD = 118.730 LRD
1 LRD = 0.008 NZD
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1 NZD = 31.856 MKD
1 MKD = 0.031 NZD
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1 NZD = 10.695 LSL
1 LSL = 0.094 NZD
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1 NZD = 4.783 MOP
1 MOP = 0.209 NZD
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1 NZD = 10.174 MDL
1 MDL = 0.098 NZD
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1 NZD = 10.695 NAD
1 NAD = 0.094 NZD
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1 NZD = 2.530 MYR
1 MYR = 0.395 NZD
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1 NZD = 0.228 OMR
1 OMR = 4.390 NZD
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1 NZD = 905.597 NGN
1 NGN = 0.001 NZD
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1 NZD = 2.438 PGK
1 PGK = 0.410 NZD
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1 NZD = 0.592 PAB
1 PAB = 1.690 NZD
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1 NZD = 2.120 PEN
1 PEN = 0.472 NZD
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1 NZD = 6.062 NOK
1 NOK = 0.165 NZD
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1 NZD = 2.180 PLN
1 PLN = 0.459 NZD
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1 NZD = 4423.481 PYG
1 PYG = 0.000 NZD
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1 NZD = 2.153 QAR
1 QAR = 0.464 NZD
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1 NZD = 4.889 SBD
1 SBD = 0.205 NZD
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1 NZD = 2.219 SAR
1 SAR = 0.451 NZD
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1 NZD = 0.763 SGD
1 SGD = 1.311 NZD
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1 NZD = 13417.677 SLL
1 SLL = 0.000 NZD
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1 NZD = 19.214 THB
1 THB = 0.052 NZD
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1 NZD = 17.587 TWD
1 TWD = 0.057 NZD
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1 NZD = 24.723 UAH
1 UAH = 0.040 NZD
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1 NZD = 2117.955 UGX
1 UGX = 0.000 NZD
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1 NZD = 21.765 SRD
1 SRD = 0.046 NZD
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1 NZD = 12627.936 STD
1 STD = 0.000 NZD
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1 NZD = 24.029 TRY
1 TRY = 0.042 NZD
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1 NZD = 4.005 TTD
1 TTD = 0.250 NZD
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1 NZD = 1.418 TOP
1 TOP = 0.705 NZD
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1 NZD = 7542.507 UZS
1 UZS = 0.000 NZD
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1 NZD = 142.348 YER
1 YER = 0.007 NZD
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1 NZD = 10.695 ZAR
1 ZAR = 0.094 NZD
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1 NZD = 59.830 RSD
1 RSD = 0.017 NZD
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1 NZD = 47.421 RUB
1 RUB = 0.021 NZD
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1 NZD = 338.070 SOS
1 SOS = 0.003 NZD
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1 NZD = 5.177 SVC
1 SVC = 0.193 NZD
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1 NZD = 7692.066 SYP
1 SYP = 0.000 NZD
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1 NZD = 10.695 SZL
1 SZL = 0.094 NZD
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1 NZD = 1.716 TND
1 TND = 0.583 NZD
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1 NZD = 23.793 UYU
1 UYU = 0.042 NZD
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1 NZD = 15541.916 VND
1 VND = 0.000 NZD
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1 NZD = 71.342 VUV
1 VUV = 0.014 NZD
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1 NZD = 1.642 WST
1 WST = 0.609 NZD
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1 NZD = 335.017 XAF
1 XAF = 0.003 NZD
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1 NZD = 1.599 XCD
1 XCD = 0.626 NZD
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1 NZD = 8.619 SCR
1 SCR = 0.116 NZD
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1 NZD = 5.711 SEK
1 SEK = 0.175 NZD
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1 NZD = 0.446 SHP
1 SHP = 2.243 NZD
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1 NZD = 1508.383 TZS
1 TZS = 0.001 NZD
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1 NZD = 0.592 USD
1 USD = 1.690 NZD
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1 NZD = 60.948 XPF
1 XPF = 0.016 NZD
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1 NZD = 335.017 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.