NZD/USD is the exchange rate between the New Zealand dollar and the US dollar, showing how many US dollars one New Zealand dollar buys. The pair is often nicknamed the "kiwi."

The pair is driven mainly by the interest-rate differential between the Reserve Bank of New Zealand and the US Federal Reserve, dairy and other agricultural export prices, China's economy, and global risk sentiment.

Why do dairy prices matter for the New Zealand dollar?

Dairy products are New Zealand's largest goods export, so changes in global dairy prices affect the country's export income and demand for its currency.

New Zealand Dollar (NZD/USD) news & analysis

NZD/USD is the exchange rate between the New Zealand dollar and the US dollar, a pair sensitive to dairy prices, interest-rate differentials and global risk sentiment.

Why is NZD/USD up or down today?

The New Zealand dollar is languishing near a two-month low against the US dollar, with focus on the 0.5700 level. Meanwhile, oil prices have slid as Middle East supply fears eased and risk appetite improved, forming part of the broader market backdrop.

Updated Sep 21, 19:34 UTC

Latest news

Morning Kickstart: Oil slides as Middle East supply fears ease and risk appetite improves
investinglive.com · Sep 21, 12:12 UTC
NZD/USD Price Forecast: Sees fresh downside leg below 0.5700
www.fxstreet.com · Sep 21, 08:35 UTC
New Zealand Dollar languishes near two-month low vs USD as bears await break below 0.5700
www.fxstreet.com · Sep 21, 01:42 UTC

Upcoming economic events

2026-09-21 — Credit Card Spending y/y · NZD
2026-09-21 — FOMC Member Goolsbee Speaks · USD
2026-09-22 — ADP Weekly Employment Change · USD
2026-09-22 — Richmond Manufacturing Index · forecast 2 · USD
2026-09-22 — FOMC Member Williams Speaks · USD
2026-09-22 — FOMC Member Jefferson Speaks · USD
2026-09-22 — FOMC Member Barkin Speaks · USD
2026-09-22 — API Weekly Statistical Bulletin · USD

Frequently asked questions

What is NZD/USD?: NZD/USD is the exchange rate between the New Zealand dollar and the US dollar, showing how many US dollars one New Zealand dollar buys. The pair is often nicknamed the "kiwi."
What moves NZD/USD?: The pair is driven mainly by the interest-rate differential between the Reserve Bank of New Zealand and the US Federal Reserve, dairy and other agricultural export prices, China's economy, and global risk sentiment.
Why do dairy prices matter for the New Zealand dollar?: Dairy products are New Zealand's largest goods export, so changes in global dairy prices affect the country's export income and demand for its currency.
Why is NZD/USD up or down today?: NZD/USD moves day to day on the Reserve Bank of New Zealand versus Federal Reserve rate outlook, dairy prices, Chinese data and global risk sentiment. See the analysis at the top of this page for the current driver.

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Not investment advice. For informational purposes only.