Exchange rate of new zealand dollar to usd

The exchange rate of the New Zealand dollar (NZD) to the United States dollar (USD) can fluctuate constantly, so I'll provide you with the current rate and a brief history of the exchange rate.

Current Exchange Rate:

As of [current date], the exchange rate is:

1 NZD = approximately 0.65 USD

Historical Exchange Rate:

Here's a rough idea of the exchange rate over the past few years:

Factors Affecting the Exchange Rate:

The exchange rate between the NZD and USD is influenced by various economic factors, including:

  1. Interest rates: Changes in interest rates in both countries can impact the exchange rate.
  2. Economic growth: Strong economic growth in New Zealand can lead to a stronger NZD, while weak growth can lead to a weaker NZD.
  3. Commodity prices: New Zealand is a significant exporter of commodities like dairy products, meat, and wood, so changes in commodity prices can affect the exchange rate.
  4. Global events: Global events like the COVID-19 pandemic, trade tensions, and geopolitical crises can impact the exchange rate.
  5. Central bank decisions: The Reserve Bank of New Zealand (RBNZ) and the Federal Reserve (Fed) can influence the exchange rate through monetary policy decisions.

Keep in mind that exchange rates can fluctuate rapidly, so it's essential to check current rates and consider factors that may impact the exchange rate before making any transactions.