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NZD/JPY
New Zealand dollar
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| Market Cap | USD |
|---|---|
| 24h Vol (Global) | USD |
| Circulating Supply | NZD |
| Current date |
New Zealand dollar Price Chart
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Explore the New Zealand dollar/Japanese Yen live chart. With this interactive tool, you can review the price of NZD/JPY, analyze rate trends in real time, track the NZD/JPY pair exchange rate in historic terms, and build your trading strategy to trade NZD/JPY with leverage on PrimeXBT.
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New Zealand dollar-Japanese Yen (NZD/JPY)
This is the currency exchange rate between the New Zealand Dollar and the Japanese Yen. The New Zealand dollar (the "base currency") is quoted in terms of the Japanese yen (the "counter currency"). The Yen has historically been a low-yielding currency, making fund carry trades attractive (where traders borrow cheaply in JPY to buy higher-yielding currencies, including NZD). Carry trades are more popular when investors are optimistic about global economic performance and stability, but they are avoided when markets are volatile. As a result, swings in broad-based market sentiment affect the NZD/JPY. The pair is also affected by economic news, both domestic and from key trading partners (most notably China), which influences expectations for Reserve Bank of New Zealand monetary policy.
Currency Information
New Zealand dollar
New Zealand's national currency is the New Zealand dollar (NZD). The New Zealand dollar (NZD) is made up of 100 cents and is typically denoted by the symbols $ or NZ$ to distinguish it from other currencies based on the US dollar. The Cook Islands, Niue, Tokelau, and the Pitcairn Islands all utilize the New Zealand dollar.
Japanese Yen
JPY is the currency sign or acronym for the Japanese yen (JPY), which is the country's currency. It is made up of 100 sen or 1000 rin and is frequently depicted as a capital letter Y with two horizontal dashes running through the center: ¥
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