CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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.

NZD/JPY

New Zealand dollar (NZD) to Japanese yen (JPY) exchange rate.

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: CurrenciesMarket: Global
Trading Hours: 24 hours, Mon-Fri.
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Description:

New Zealand dollar versus the Japanese yen (NZD/JPY) is one of the leading cross currencies of the yen. NZD (widely known as the kiwi) and JPY (colloquially referred to as "The Ninja") are both among the six most-actively traded currencies in the world. NZD/JPY's price quote indicates how much of the yen is needed to buy one kiwi. It is affected by a range of factors, including the distinct differences between the economic and political policies of New Zealand and Japan, as well as the countries’ unemployment rates, exports & imports statics and gross domestic product (GDP) growth.

Interesting Facts:

  • NZ's dollar and Japan's yen are both Majors, meaning they are among the most actively-traded currencies in the market.
  • New Zealand has a world-leading market-oriented economy that relies chiefly on the expert of farming products, forestry and fishery.
  • The Japanese economy is the 3rd largest in the world by nominal gross domestic product (GDP) and the 4th largest by purchasing power parity (PPP).
  • Changes in the exchange rates of other JPY crosses, such as USD/JPY, EUR/JPY, GBP/JPY and CHF/JPY often affect the NZD/JPY as well.