EUR/NZDEURNZD
1.78703-0.0010 (-0.05%)
Instrument:
Forex
Binary
Market open
Trading Hours and Conditions
Buy price
1.78731
Sell price
1.78675
Buy price
1.78731
Sell price
1.78675
1D
1W
1M
YTD
1Y
3Y
5Y
+4.53%
1Y change
Date
Price
Day low/high
1.79
1.79
52 week low/high
1.65
1.99

EUR/NZD EURNZD Digital options

EUR/NZD is an exchange rate that specifies how many NZD (New Zealand Dollar) can be converted into one EUR (Euro), therefore the base currency is EUR and the price currency is NZD. If this rate declines, it means that NZD appreciates relative to EUR and if this rate increases it means that the NZD depreciates against the EUR. There are many macroeconomic factors/events (fundamentals) that affect EUR/NZD exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. From the period since 2015 the exchange rate reached the lowest value of 1.39 in February of 2017 and the highest of 1.51 in December of 2015. Regarding the trade relationship between Eurozone and New Zealand, the latter imports 0.98% of Eurozone's total exports, whereas Eurozone imports 11% of New Zealand's total exports. The largest component of Eurozone's exports are machinery, nuclear reactor, boiler products and vehicles whereas New Zealand's largest export components are dairy and meat products. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.

Price Performance

7D
-1.67%
1M
-0.71%
YTD
7.30%
1Y
4.53%
5Y
7.20%
Time
Currency
Impact
Event
Actual
Forecast
Previous
Data
Monday,
May 25, 2020
06:00
EUR
EUR
GDP Growth Rate QoQ Final
-
-2.2%
-0.1%
A:
-
F:
-2.2%
P:
-0.1%
06:00
EUR
EUR
GDP Growth Rate YoY Final
-
-2.3%
0.4%
A:
-
F:
-2.3%
P:
0.4%
08:00
EUR
EUR
Ifo Business Climate
-
78.3
74.3
A:
-
F:
78.3
P:
74.3
22:45
NZD
NZD
Balance of Trade
-
-
N$672M
A:
-
F:
-
P:
N$672M
Risk Warning
The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.