Last updated: Nov 5, 2025, 11:59 PM UTC
Context Information
Local Purchasing Power
$0.57 ≈
- 0.6 packs of gum in NYC 🍬
- 0.1 cups of coffee in NYC ☕
30-Day Trend
NZD to USD is 2.26% weaker than 30 days ago
7-Day Trend
Exchange rate movement over the past week
Understanding NZD to USD Exchange Rates
The New Zealand Dollar (NZD), often called the 'Kiwi' in forex markets, is a commodity currency that tracks the prices of New Zealand's agricultural exports, particularly dairy products (milk powder, butter, cheese), meat, and wool. NZD/USD exchange rates are heavily influenced by dairy prices, Reserve Bank of New Zealand (RBNZ) monetary policy, US Federal Reserve decisions, China's economic health (as China is New Zealand's largest trading partner), and global risk sentiment. The Kiwi typically strengthens when dairy prices rise or China's economy grows, while it weakens during global economic uncertainty.