New Zealand Dollar

NZD

  • Convertible: Yes
  • Transferable: Yes
  • Exchange rate regime: Floating
Valuta-referentiecentrum

Available Currency Pairs

Transaction Types

FX SPOT
Delivery date: T+1; T+2
Liquidity: high
FX FORWARD
Maximum maturity: 24 months
Liquidity: high

Did You Know?

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Monetary policy

  • The Reserve Bank of New Zealand (RBNZ) is the Central Bank of New Zealand. It implements a monetary policy aimed at ensuring price stability and strives to maintain the sound functioning of the country’s financial system.
  • Price setting method: the exchange rate has been floating since 1985. The NZD is mainly traded against the USD, but also against the AUD, with New Zealand having significant economic ties with Australia.
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Features and highlights

  • The New Zealand dollar is often called Kiwi, in reference to the iconic bird that populates the country.
  • The evolution of the NZD is strongly linked to that of the currencies of Australia and China, New Zealand’s principal trading partners.
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Expert opinion

  • The New Zealand dollar is sometimes referred to as a "commodity currency" as the country is a major exporter of agricultural products.
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Regulations

There are no special restrictions on the purchase and sale of NZD.

Important Information

PAYMENTS IN NZD TO NEW ZEALAND

New Zealand does not use the IBAN format. The BIC Code and the account number are mandatory. Payment instructions must contain:

  • The full name of the beneficiary.

Keep In Mind

PUBLIC HOLIDAYS

New Year’s Day 1 Jan
Waitangi Day 6 Feb
Easter Monday 2 Apr
Queen’s Birthday 4 Jun
Christmas Day 25 Dec
Day after New Year’s Day 2 Jan
Good Friday 30 Mrt
ANZAC Day 25 Apr
Labour Day 22 Okt
Boxing Day 26 Dec

When a holiday falls on a weekend, the next business day becomes a holiday

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Currency Reference Guide

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