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NZD/CHF

New Zealand dollar (NZD) to Swiss franc (CHF) exchange rate.

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

NZD/CHF reflects the value of New Zealand’s dollar against Switzerland’s franc or, in other words, the total amount of francs needed to buy one NZ dollar. NZ's currency (also known as “The Kiwi”), lends its name from the country's national bird, which is imprinted on the one dollar coin. It is among the world’s ten most heavily-traded and widely-held currencies. Swiss franc (also called Swissie or Swissy) is the official currency of Switzerland, a small yet wealthy country that enjoys a long lasting political and economic stability and has a remarkably modern and investor-friendly business climate.  

Interesting Facts:

  • NZD and CHF are both top-ranking currencies. The NZD/CHF parity is especially popular among professional traders pursuing carry trade strategies.
  • The differences between the monetary policies, unemployment, inflation and interest rates of the Reserve Bank of New Zealand (RBNZ) and Swiss Nation Bank (SNB) are some of the most important things to keep an eye out for when trading the NZD/CHF currency pair.
  • New Zealand’s efficient, market-driven economy relies heavily on experts of farming products, forestry and fishery – particularly to neighbouring Australia, China, Japan, the Republic of Korea and the European Union (EU).
  • Switzerland is known for its world-leading oversees-oriented economy. International trade plays an important role in the country’s economic success, and in some sectors more than 90% of goods and services are sent abroad.
    
 
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.