downgraded by Lloyds Bank, in its latest International Financial Outlook, following a month where the US Dollar has continued to reign supreme over all of its rivals. ; All rights reserved. Together with the Australian Dollar and the Canadian Dollar, the NZD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.). Recent rates experienced in April of 2018 are similar to the historical.58 average.
High exchange rate.701, low.681. The average for the month.692. NZD to, uSD forecast at the end of the month.691, change for February -0.4. NZD to, uSD forecast for March 2019.
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Fed, the Federal Reserve of the United States whose president is Janet Yellen. Other important commodities are Silver and Iron Ore. Kiwi appreciation had gotten so high that the Reserve Bank of New Zealand began intervention efforts in 2012, seeking to devalue. Another opens our longest term graph on the New Zealand Dollar. The market low was achieved in April of 1979. Along with the Australian Dollar, the NZD has been for many years a traditional vehicle belajar forex trading adalah for carry traders, which has made this currency also very sensitive to changes in interest rates. Forecast m is forecasting that the exchange rate for the New, zealand Dollar will be roughly.46 New Zealand Dollars to the USD. It is one of the 10 most-traded currencies in the world, and gained considerable appeal during the multi-decade commodity boom that took place around the globe. The minimal change in the New Zealand Dollars to dollars exchange rate over the last 12 months compared to average conversion rates over the last 10 years serve as an indicator that the long term trend in NZD/USD is relatively flat. The average rate over the last 10 years was.36. Commerzbank Exchange Rate Forecast Update: GBP, EUR, USD, AUD and CAD Tuesday, 13:59 Written by James Skinner After a four month period that has seen key currency market trends of the last year go into reverse, calling a halt to the Euro's rally and picking the. The table above presents additional historical information on the New Zealand Dollar.