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NZDCAD Return to the list of instruments NZDJPY

Currency converter

New Zealand Dollar vs Swiss Franc
0.5164
05 Nov 2024 06:20
Price Change (% chg)
0.0001
(0.02%)
Prev Close
Prev Close

Closing price, the previous day.
0.5157
Open
Open

Opening price.
0.52
Day's High
Day's High

The highest price over the last trading day.
0.5166
Day's Low
Day's Low

The lowest price over the last trading day
0.5152
Week High
Week High

Price range high in the last week
0.5194
Week Low
Week Low

Price range low in the last week
0.5152
Download archive
Buy
0.5164
Sell
0.5164
Open the chart in full screen view
Buy
0.5164
Sell
0.5164
Download archive
Open the chart in full screen view

NZD/CHF (New Zealand dollar/ Swiss franc) is the cross rate against the US dollar.

The economy in Switzerland has been at a high level for several centuries. For this reason the Swiss currency, Swiss franc, is known as one of the world's most creditable and stable currency. Furthermore, the Swiss franc is a safe haven for investors during crisis. That is the reason for the Swiss franc increase against other currencies when the money is urgently passed over to Switzerland. It is necessary to take into account this peculiarity of the Swiss economy while trading the currency pair. Traders should also pay attention to the peculiarities of New Zealand's economy: GDP, interest rate, PMI, trade balance, and many other indices.

New Zealand is the largest producer of sheep wool and goods from it. Therefore, the country needs detailed information on this economic indicator. Traders should remember that the New Zealand's economy depends on its main partners: the USA, Australia and countries of the Asia-Pacific region. As a consequence, while making the price movement analysis of the NZD/CHF pair, traders should take into account economic indices of the country's main trading partners.

In comparison with the main currency pairs such as EUR/USD, USD/CHF, GBP/USD, USD/JPY, the trading instrument NZD/CHF has low liquidity. While forecasting the price movement, one should be guided by the currency pairs, which contain USD in a pair with each currency.

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