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AUD/NZD

Australian dollar (AUD) to New Zealand dollar (NZD) exchange rate.

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Product Type: CurrenciesMarket: Global
Trading Hours:  24 hours, Mon-Fri.
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Description:

Australian dollar / New Zealand dollar (AUD/NZD) is a cross rate with a relatively high liquidity despite its lower-than-average trading volume. The AUD (sometimes called the “Aussie”) and the NZD (commonly known as the “Kiwi”) are both among the 6 most traded currencies in the world. AUD/NZD indicates how much of the Kiwi is needed to buy one Aussie. Differences between the monetary policies and interest rates of the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) are typically prone to affect the neighbouring countries’ currency exchange rate.   

Interesting Facts:

  • Australia and New Zealand both have major currencies and both rely heavily on international trade.
  • Australia is known as the Land of Plenty. Immensely rich in natural resources, it is one of the world's top exporters of metals, minerals and agriculture commodity products.
  • Most of Australia's export efforts are directed to Northeast and West Asia: third of which to China, fifth to Japan, and fifth to South Korea and India.
  • New Zealand’s efficient, market-driven economy relies heavily on experts of farming products, forestry and fishery – with a special emphasis on Australia, China, Japan, the Republic of Korea and the European Union (EU).