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Currency converter

New Zealand Dollar vs Canadian Dollar
0.8306
05 Nov 2024 04:20
Price Change (% chg)
-0.0001
(-0.01%)
Prev Close
Prev Close

Closing price, the previous day.
0.8299
Open
Open

Opening price.
0.8347
Day's High
Day's High

The highest price over the last trading day.
0.831
Day's Low
Day's Low

The lowest price over the last trading day
0.8291
Week High
Week High

Price range high in the last week
0.8323
Week Low
Week Low

Price range low in the last week
0.8279
Download archive
Buy
0.8306
Sell
0.8306
Open the chart in full screen view
Buy
0.8306
Sell
0.8306
Download archive
Open the chart in full screen view

NZD/CAD is a cross rate of the New Zealand dollar to the Canadian dollar. It is the most low-liquid instrument, compared to the majors.

The exchange rate of the Canadian and the New Zealand dollars depends on the behavior of the EUR/USD, GBP/USD and USD/JPY currency pairs. They are a kind of an indicator for the NZD/CAD instrument movement.

New Zealand is the world’s largest producer of wool and it is an important fact to be monitored at the time of trading. New Zealand economy directly depends on the partners, such as the USA, Canada and Asia-Pacific regions. Their economic indicators should be taken into consideration while trading this currency pair.  

Canada is one of the largest crude oil exporters. Loonie rises with the oil prices growth and vice versa. The world's crude oil prices have a great impact on the NZD/CAD currency pair. Besides, the U.S. dollar should not be underestimated in trading. It is necessary to take into account such indicators of the U.S economy as interest rate, unemployment rate, GDP and job creation index.

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