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NZD/CHF

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

Product Type: Currencies	Market: 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.

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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 & 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 exports of farming products, forestry and fishery – particularly to neighboring 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 a vital role in the country’s economic success, and in some sectors, more than 90% of goods and services are sent abroad.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account.
76% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice.

Should you proceed with investment in CFDs on virtual currencies, please note, that the values are highly volatile and may result in a significant loss for a short period of time.

This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Be aware, as a retail client you can lose all, but not more than the balance of your trading account due to Fortrade’s negative balance protection. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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