AUD/NZD Exchange Rate Today — Live Chart and Analysis

AUD/NZD is an exchange rate that specifies how many NZD(New Zealand Dollars) can be converted into one AUD (Australian Dollar), therefore the base currency is AUD and the price currency is NZD. If this rate declines, it means that NZD appreciates relative to AUD and if this rate increases it means that the NZD depreciates against the AUD. There are many macroeconomic factors/events (fundamentals) that affect AUD /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. Regarding the trade relationship between Australia and New Zealand, the latter imports 3.6% of Australia’s total exports, whereas Australia imports 17% of New Zealand's total exports. The largest component of Australia’s exports is ores slag and mineral fuels whereas New Zealand's largest export components is dairy, eggs and meat. 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.