NZD/JPY

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

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

New Zealand dollar versus 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 6 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 and 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.
   
 
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