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Explore the Euro/New Zealand dollar live chart. With this interactive tool, you can review the price of EUR/NZD, analyze rate trends in real time, track the EUR/NZD pair exchange rate in historic terms, and build your trading strategy to trade EUR/NZD with leverage on PrimeXBT.
It's no surprise that the New Zealand Dollar has benefited from the current Euro-Zone crisis, as idle cash seeks a strong and secure yield. Australian and New Zealand dollar pairs, for example, are frequently used as proxies for Chinese growth and have performed well against the Euro in recent years. Although China's growth may become a source of concern as the country moves away from export-driven growth, the Eurozone's weakness may limit any significant reversal.
The euro is the European Union's monetary unit and currency, denoted by the sign €. It was first introduced as a non cash monetary unit in 1999, then as currency notes and coins in 2002. The euro replaced the currencies of participating EU countries as well as certain non-EU countries.
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.
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