NZD/USD

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

NZD/USD data refreshes every 5 min

major · NZD/USD

0.5958+0.11%

Spread: 0.0 pips · 24h range: 0.0016

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
0.5967
24h Low
0.5951
Volume 24h
0
Best Sessions
Sydney

About NZD/USD

NZD/USD, known as the Kiwi, is the smallest of the major pairs by volume. New Zealand's economy depends heavily on agricultural exports - dairy (milk powder), meat, and wool - so global dairy auction prices and weather patterns can impact the pair. The Reserve Bank of New Zealand (RBNZ) is one of the more active central banks, and OCR (Official Cash Rate) decisions often produce sharp moves. NZD/USD is closely correlated with AUD/USD (around 0.85) due to geographic and economic ties. The pair is most active during the Sydney session, with daily ranges of 35-65 pips and spreads around 0.8-1.5 pips. Like the Aussie, the Kiwi benefits from risk-on sentiment and Chinese demand for New Zealand's exports.


Historical Rates - Last 7 Days

DateCloseChange
2026-08-220.5936+1.07%
2026-08-230.5954+0.31%
2026-08-240.5978+0.39%
2026-08-250.5966-0.19%
2026-08-260.5976+0.17%
2026-08-270.5948-0.46%
2026-08-280.5958+0.17%

See full price history on the historical rate lookup tool.


Upcoming Economic Events

  • Aug 28
    USDChicago PMI
    Med
  • Aug 28
    USDFed Chair Warsh Speech
    Med
  • Aug 28
    USDNon Farm Payrolls Annual Revision Prel
    Med
  • Aug 28
    USDMichigan Consumer Sentiment Final
    Med
  • Aug 29
    USDJackson Hole Symposium
    Med
  • Aug 31
    NZDANZ Business Confidence
    Med
  • Aug 31
    USDDallas Fed Manufacturing Index
    Med
  • Sep 1
    USDISM Manufacturing PMI
    Med

See all events on the economic calendar.

Frequently Asked Questions

What is the pip value for NZD/USD?

One standard lot (100,000 units) on NZD/USD 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 NZD/USD most active?

NZD/USD sees its highest trading volume during the Sydney session. As a major pair, it maintains good liquidity throughout all sessions, but activity peaks when both base and quote currency markets are open simultaneously.

What economic events affect NZD/USD most?

The most impactful events for NZD/USD come from the NZD and USD economies. US releases — non-farm payrolls, CPI, FOMC rate decisions, and GDP — are among the most market-moving events globally. A surprise in any of these can shift the pair 50–100 pips within minutes. 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.