NZD CAD Exchange Rate
The New Zealand dollar (NZD, “Kiwi”) is the 10th most traded currency in the world. The issuer is the Reserve Bank of New Zealand.
- Is often involved in trading operations as New Zealand is supporting high interest rates, as a rule
- Depends on commodity exports, particularly on food trade.
The Canadian dollar (CAD, “Loonie”) is the 7th most traded currency in the world. The issuer is the Bank of Canada.
- Is affected by its neighbor country, USA economy.
- Refers to "commodity" currencies, as the economy of Canada depends on commodity export (particularly, energy, wood and oil
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