AUD/NZD
AUD/NZD Currency Pair
AUD to NZD chart
You can use our AUD to NZD chart to monitor price movements for the Australian dollar to New Zealand dollar currency pair in real-time. You can also adjust the time periods over which you monitor this data, with options of an hour, a day, a week, or a month available for review. This information could help you spot patterns in price movements that indicate possible trends. However, you should keep in mind that this data does not guarantee or predict the future performance of the AUD to NZD rate. It should not be considered an AUD/NZD forecast.
AUD to NZD pair trading
The AUD/NZD currency pair reflects the economic ties between Australia and New Zealand. This currency pair is categorized as a minor (or cross) pair.
AUD to NZD Frequently asked questions
What is the AUD/NZD pair?
In forex, the AUD to NZD currency pair indicates the exchange rate of the Australian dollar to the New Zealand dollar. The AUD is the base currency, and the NZD is the quote currency.
What are the trading characteristics of the AUD/NZD pair?
The AUD/NZD pair is a minor currency pair with less liquidity than major currency pairs. It has low volatility.
What is the best time to trade AUD to NZD?
The best time to trade AUD/NZD is typically during the Sydney session. This session runs from 5 pm to 2 am ET.
What is OANDA's maximum leverage for AUD/NZD?
The maximum leverage for the AUD/NZD currency pair at OANDA is 33.3:1. Learn more about different currency pair leverage ratios.
How does leverage work for AUD/NZD?
You can trade the EUR/SEK currency pair with a 33.3:1 leverage ratio. For example, if you have $100, leverage allows you to make a trade worth $3,330. Traders must keep in mind that leverage trading increases their exposure. This means that both your gains and losses are amplified, which is why it’s important to be careful when trading with leverage.
What moves AUD/NZD?
Here are the key factors to be aware of when doing fundamental analysis:
- Monetary policy: The monetary policy set by the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ), such as changes to interest rates, can affect this currency pair.
- Economic health: Announcements from relevant government bodies on economic indicators, such as GDP, inflation, and unemployment rates, will move the AUD/NZD pair.
- Chinese economic performance: The health of China’s economy can also influence the Australian and New Zealand dollars, as China is the largest trading partner for both countries.
- Commodity prices: The price of Australia’s and New Zealand’s most in-demand commodities (iron ore for Australia and dairy for New Zealand) can impact the value of each currency.
- Global geopolitical events: Wars, pandemics, natural disasters, supply chain disruptions, and other geopolitical events can have negative consequences for the Australian and New Zealand economies, even if they’re not geographically close to the affected regions.
Is AUD/NZD highly liquid?
No, the AUD/NZD is not highly liquid. As a minor currency pair, it has less liquidity than major currency pairs.
Where can I trade AUD/NZD?
With OANDA, you can trade 68 major and minor currency pairs, including the AUD/NZD pair. When trading online, you can take advantage of our standard or Elite Trader accounts, depending on your online trading requirements. You can then choose from one of the powerful online trading platforms we have available, including OANDA Mobile, OANDA Web, and MetaTrader 4. Create a trading account or a demo trading account to start trading AUD/NZD online with OANDA.