NZD/USD Exchange Rate Today — Live Chart and Analysis

NZD/USD is an exchange rate that specifies how many USD (US Dollar) can be converted into one NZD (New Zealand Dollar), therefore the base currency is NZD and the price currency is USD. If this rate declines, it means that USD appreciates relative to NZD and if this rate increases it means that the USD depreciates against the NZD. There are many macroeconomic factors/events (fundamentals) that affect NZD/USD 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 New Zealand and United States, the latter imports 11% of New Zealand's total exports, whereas New Zealand imports 0.25% of United States's total exports. The largest component of New Zealand's exports is dairy products whereas United States's largest export components is machinery. 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.