Full trading conditions >>
|Product Type: Currencies||Market: Global|
|Trading Hours: 24 hours, Mon-Fri.|
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.