78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
1.905 NZD
+0 (+0.50%)
1H
4H
1D
1W
1MN

EURNZD Key Statistics

Open price
1.8956
High today
1.90837
Low today
1.89095
52 Week high
2.00102
52 Week low
1.73907
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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About EURNZD

The EURNZD shows the number of NZD, the currency of New Zealand, required to purchase one EURO, the currency of the Eurozone. Both currencies are highly important. For instance, the EURO is the second most traded currency in the world, and NZD is among the world’s high-yielding commodity currencies.

What is EURNZD?

The EURNZD pair is also known as the Euro Kiwi and is traded on the forex market. The countries' central banks manage both currencies, i.e., the Reserve Bank of New Zealand (RBNZ) and the European Central Bank (ECB). Changes in the monetary policies of these banks greatly influence currency pair values. Besides, many other key factors cause currency price fluctuations.

Economic data refers to the facts and figures that tell about the economic state of a country. For instance, it includes the inflation rate, employment rate, trade balance, etc. Political events like changes in government policies regarding tax, trade, elections, political crises, etc., significantly influence the EURNZD pair. Moreover, commodities such as dairy products, meat, and wool are the major exports of New Zealand. When the price of these commodities changes, it impacts trade balance, inflation, market sentiment, etc., which causes fluctuations in the exchange rate. Investors who want to understand how to trade EURNZD should be aware of these factors.

How does EURNZD work?

It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn how to invest in EURNZD start without risking their real assets.

Besides already mentioned factors, investor sentiment, market volatility, etc., also play their role in changes in the EURNZD price.

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