GBP/NZD

Trading specs, live price, historical rates, and upcoming economic events for GBP/NZD.

●GBP/NZD data refreshes every 5 min

minor · GBP/NZD

2.3640+0.04%

Spread: 0.0 pips · 24h range: 0.0104

Trading Specs

Contract Size
100,000
Tick Size
0.00001
Pip Value (1 lot)
$10.00
Margin Rate
3.33%
Min Lot
0.01

Market Profile

24h High
2.3640
24h Low
2.3536
Volume 24h
0
Best Sessions
London

About GBP/NZD

GBP/NZD combines two of the highest-yielding G10 currencies, creating a volatile cross that attracts both trend traders and carry traders. The pair is sensitive to the Bank of England and RBNZ interest rate trajectories - when the BOE is hawkish relative to the RBNZ, GBP/NZD rallies, and when RBNZ surprises with rate hikes, it falls sharply. New Zealand dairy prices (GDT auction results) have a direct impact on the Kiwi leg, while UK economic data and political stability drive the pound side. Daily ranges frequently exceed 120 pips during active London sessions. The pair's wide trading bands mean position sizing should be conservative - a 150-pip stop is not unusual given the pair's volatility. Liquidity is best during the London morning, when the UK market overlaps with late Wellington trading.

Historical Rates - Last 7 Days

DateCloseChange
2026-10-062.3560+0.08%
2026-10-072.3574+0.06%
2026-10-082.3609+0.15%
2026-10-092.3591-0.08%
2026-10-102.3594+0.01%
2026-10-112.3604+0.04%
2026-10-122.3640+0.16%

See full price history on the historical rate lookup tool.

Upcoming Economic Events

  • Oct 12
    GBPBRC Retail Sales Monitor YoY
    Med
  • Oct 14
    GBPBoE Gov Bailey Speech
    Med
  • Oct 15
    GBPGDP MoM
    Med
  • Oct 15
    GBPGDP 3-Month Avg
    Med
  • Oct 15
    GBPManufacturing Production MoM
    Med
  • Oct 15
    GBPIndustrial Production MoM
    Med
  • Oct 15
    GBPGoods Trade Balance Non-EU
    Med
  • Oct 15
    GBPGoods Trade Balance
    Med

See all events on the economic calendar.

Frequently Asked Questions

What is the pip value for GBP/NZD?

One standard lot (100,000 units) on GBP/NZD has a pip value of approximately $10.00. The minimum price increment (tick) is 0.00001. A pip is typically the fourth decimal place for this pair, meaning 1 pip = 0.0001 for most pairs.

What time is GBP/NZD most active?

GBP/NZD sees its highest trading volume during the London session. Cross pairs like this one see their best liquidity during the overlap of their two currency sessions. Outside of those windows, spreads may widen and order book depth can decrease.

What economic events affect GBP/NZD most?

The most impactful events for GBP/NZD come from the GBP and NZD economies. Bank of England MPC votes, UK CPI, and monthly GDP estimates are the pound's primary catalysts. UK political events and fiscal policy announcements can also produce sharp moves. RBNZ Official Cash Rate announcements and the Monetary Policy Statement are closely watched. Global dairy auction results (GDT Price Index) can also move the Kiwi meaningfully. The upcoming events section above lists the specific releases scheduled in the next two weeks.

GBP pairs

NZD pairs