NZD/USD
Major
"Kiwi" New Zealand Dollar / US Dollar
Live exchange rate · Updated every 5 minutes · Frankfurter.app + ExchangeRate-API
0.6123
▲ 0.090% (24h)
1 Kiwi = 0.6123 US Dollar
Bid
0.6122
Ask
0.6124
Spread
0.4–1.2 pips (typical)
Pip Size
0.0001
Key Market Drivers
RBNZ rate decisions
Dairy prices
China demand
Risk sentiment
NZD/USD Converter
Kiwi
0.6123 US Dollar
Rate updates every 5 minutes
NZD/USD Statistics
Current Rate
0.6123
24h Change
+0.090%
Bid
0.6122
Ask
0.6124
Spread
0.4–1.2 pips (typical)
Pip Size
0.0001
Base Currency
Kiwi
Quote Currency
US Dollar
Category
Major
Trading Session
Most active during Sydney and Tokyo sessions
Central Banks
Reserve Bank of New Zealand (RBNZ), US Federal Reserve (Fed)
NZD/USD Live Chart
TradingView · Live📊 Chart loading…
About NZD/USD
NZD/USD, the "Kiwi", is a commodity-linked pair. New Zealand's economy relies heavily on agricultural exports, particularly dairy, making the pair sensitive to global dairy prices and Chinese demand.
The Kiwi reached an all-time high near $0.88 in 2011. It fell below $0.55 during the COVID-19 pandemic in 2020.
The NZD/USD pair is governed by two central banks: Reserve Bank of New Zealand (RBNZ) and US Federal Reserve (Fed). Key factors that move this pair include: RBNZ rate decisions, Dairy prices, China demand, Risk sentiment.
To trade NZD/USD, you need a forex broker account. The pair is available 24 hours a day, 5 days a week. Most active during Sydney and Tokyo sessions. Typical spread is 0.4–1.2 pips (typical). Always use proper risk management including stop-loss orders.
A pip (percentage in point) in NZD/USD is 0.0001. For most major pairs, this represents a $10 gain/loss per standard lot (100,000 units). Mini lots (10,000 units) = $1 per pip.
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