major pair · NZD/USD
New Zealand Dollar to US Dollar: the daily ECB reference rate, a historical chart, pair specification and what drives each currency.
0.56370
+0.00127 (+0.23%)
1 NZD = 0.56370 USD · 1 USD = 1.77400 NZD · previous 0.56243 on 3 Nov 2026
NZD/USD ECB reference rate, 4 Nov 2025 to 4 Nov 2026: from 0.56609 to 0.56369 (down 0.42%). High 0.60785 on 29 Jan 2026, low 0.55891 on 8 Oct 2026.
256 daily observations · 4 Nov 2025 – 4 Nov 2026
Latest rate within the 12-month range
The latest rate sits at 10% of the 12-month low-to-high range.
Calculated from daily ECB reference rates — closing-type snapshots, not intraday highs and lows.
Understanding the pair
In NZD/USD the New Zealand Dollar is the base currency and the US Dollar is the quote currency. The rate tells you how many USD one NZD buys, so a rising NZD/USD means the New Zealand Dollar is strengthening against the US Dollar.
NZD/USD is a major pair: it combines the US dollar with another heavily traded currency, which usually means deep liquidity and some of the tightest spreads in the market.
Prices are quoted to 5 decimal places here. One pip is 0.0001, so on a standard lot of 100,000 NZD a one-pip move is worth 10 USD — use the pip calculator to convert that into your account currency.
Liquidity in NZD/USD is usually deepest when both home markets are open — the Sydney (07:00–16:00 Sydney time) and New York (08:00–17:00 New York time) sessions. See live session times on the market hours clock.
The 'kiwi' reflects an export economy built on dairy and agriculture. Wellington is the first major centre to open each trading week, so NZD liquidity is thin early on Monday (Asia-Pacific time).
Central bank: Reserve Bank of New Zealand
The world's main reserve and invoicing currency. The BIS 2022 Triennial Survey found the dollar on one side of about 88% of all FX trades, so US interest-rate expectations and risk sentiment ripple through almost every pair.
Central bank: Federal Reserve
NZD/USD shows how many US Dollar (USD) one New Zealand Dollar (NZD) buys. NZD is the base currency and USD is the quote currency. If the rate rises, the New Zealand Dollar has strengthened against the US Dollar.
No. It is derived from the euro foreign exchange reference rates published by the European Central Bank once per working day around 16:00 CET. It is useful for reference, budgeting and calculator inputs, but it is not an executable trading quote — a broker's bid and ask will differ.
By convention one pip in NZD/USD is 0.0001 because the pair is quoted in USD. On a standard lot of 100,000 NZD, a one-pip move is worth 10 USD. Brokers may quote an extra decimal (a pipette).
Liquidity is typically deepest when both home markets are open: the Sydney (07:00–16:00 Sydney time) and New York (08:00–17:00 New York time) sessions, and especially where they overlap.
Educational information only, not investment advice. Trading leveraged currency products carries a high risk of losing money.