NZD/CAD

Nya zeeländsk dollar (NZD) till Kanadensisk dollar (CAD) växlingskurs.

Product Type: Currencies	Market: Global
Trading Hours: 24 hours, Mon-Fri.

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Beskrivning:

New Zealand’s dollar versus Canada’s dollar (NZD/CAD) is a minor currency pair of two top 10 currencies in the exchange market. The NZD/CAD price quote indicates how much of the Canadian dollar (nicknamed “loonie”) is needed to buy one New Zealand dollar (nicknamed “kiwi”). Differences between the monetary policies, interest and inflation rates of the Bank of Canada (BOC) and the Reserve Bank of New Zealand (RBNZ) all play a significant role in determining the parity’s exchange rate.

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Interesting Facts:

Loonie (=CAD) and Kiwi (=NZD) are the world’s 7th and 8th most actively-traded currencies, respectively. Both are also leading international reserve currencies.
Canada has the 9th largest economy in the world based on gross domestic product (GDP) and the 14th largest based on purchasing power parity (PPP). It is the 5th largest energy producer, the 7th largest producer of crude oil and is overall one of the richest countries in the world.
New Zealand’s efficient, market-driven economy relies heavily on experts of farming products, forestry and fishery – with a special emphasis on the markets of Australia, China, Japan, the Republic of Korea and the European Union (EU).

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Riskvarning och ansvarsfriskrivningskontrakt för skillnader (CFD:er)

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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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, Belgium or France or 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.

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