Foreign exchange rates published by another country’s central bank. NZD Exchange Rates Reserve Bank of NZ GBP British Pound Sterling Country United Kingdom Region Europe Sub-Unit 1 Pound 100 pence Symbol £ The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland.
The ANZ-Roy Morgan consumer confidence indicator rose to 84.4 in April from March’s 77.9, which had marked the worst reading since records began in 2004. Foreign exchange rates published by the Reserve Bank of New Zealand. It is often informally known as the 'Kiwi (dollar)' and is divided into 100 cents.
New Zealand: Consumer confidence regains some ground in April. The seasonally-adjusted unemployment rate remained stable in Q1 at Q4 2021’s 3.2%, which had marked the lowest print since 1986. Current month rates Canadian Dollar (CAD), AUD1 0.9711 Euro (EUR), AUD1 0.7059 Great Britain Pound Sterling (GBP), AUD1 0.6046 New Zealand Dollar (NZD). New Zealand: Unemployment rate stable in Q1. New Zealand: RBNZ tightens its stance again in MayĪt its 25 May meeting, the Reserve Bank of New Zealand (RBNZ) decided to hike the official cash rate to 2.00% from 1.50%, marking the fifth consecutive increase. The ANZ-Roy Morgan consumer confidence indicator fell to 82.3 in May from April’s 84.4. New Zealand: Consumer confidence drops in May. The ANZ bank business outlook indicator dipped in May. New Zealand: Business confidence plunges deeper into pessimistic terrain in May. For 2016, panelists see the exchange rate closing the year at 0.65 USD per NZD. The Bank suggested that further cuts are possible, which could lead to further downward pressure on the currency.įocusEconomics Consensus Forecast panelists see the New Zealand dollar trading at 0.65 USD per NZD at the end of 2015. In the RBNZ’s most recent monetary policy meeting on 10 September, the Bank decreased its Official Cash Rate for the third consecutive time, accentuating the depreciation of the NZD against the U.S. Weaker than expected GDP growth in Q2 and expectations of a rate hike by the Federal Reserve have been putting additional pressure on the currency in recent months, as well as the devaluation of the yuan and ongoing turmoil in emerging markets. The currency depreciated steadily over the course of the year, largely due to the sharp fall in dairy prices, the country’s key export market. Despite a slight recovery in recent days, the NZD has been broadly stable since then. When reviewing New Zealand dollar forecasts, how RBNZ announcements affect this interest rate spread is another factor to consider. The New Zealand dollar (NZD) depreciated to 0.63 NZD per USD on 7 September, which was 5.5% weaker than on the same day of the previous month and 24.8% weaker than on the same day of the previous year, bringing the exchange rate to the lowest level in over six years. Historically, the interest rate spread between the two currencies can be vast (nearly 8 in 2008). 
Q: What is 50 Pounds in New Zealand Dollars?Ī: 50 Pounds buys 96.57 New Zealand Dollars at interbank exchange rates.New Zealand - Exchange Rate New Zealand Dollar weakens to multi-year low in September Q: Is the Pound going up or down against the New Zealand Dollar?Ī: Today's exchange rate (1.9314) is higher compared to yesterday's rate (0). Q: What is the Pound worth against the New Zealand Dollar?Ī: One Pound is worth 1.9314 New Zealand Dollars today The tourist exchange rates were valid at Thursday 16th of June 2022 05:20:55 AM, however, please check with relevant currency exchange broker for live travel money rate.
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