Currency & Pairs
Beginner
NZD/USD
Also called: NZDUSD, Kiwi
New Zealand Dollar vs US Dollar — commodity currency tied to dairy exports and Australian fortunes.
Definition
NZD/USD (‘Kiwi’) is similar to AUD/USD but with smaller liquidity and slightly wider spreads. Strongly correlated with AUD; affected by RBNZ policy and global dairy prices.