Currency.Wiki
Updated 5 minutes ago
 NZD =
    EUR
 New Zealand Dollar =  Euros
Trending: NZ$ exchange rates for the last 24 hours
  • NZD/USD 0.565600 -0.05795998
  • NZD/EUR 0.542334 -0.01643806
  • NZD/JPY 88.485289 -1.34725366
  • NZD/GBP 0.449925 -0.01848553
  • NZD/CHF 0.505581 -0.02509812
  • NZD/MXN 11.357983 -0.72947821
  • NZD/INR 48.049143 -4.00647265
  • NZD/BRL 3.442241 0.01137964
  • NZD/CNY 4.126844 -0.27043881

NZD/EUR exchange rate analysis over the past 90 days

New Zealand Dollar to Euro exchange rate: Over the last 90 days, the New Zealand Dollar weakened by -3.03% against the Euro, declining from €0.5588 to €0.5423 per New Zealand Dollar. This trend reflects the evolving economic dynamics between the New Zealand and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between New Zealand and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between New Zealand and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the New Zealand or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the New Zealand relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

NZ$

New Zealand Dollar Currency

Country: New Zealand

Symbol: NZ$

ISO Code: NZD

Bank: Reserve Bank of New Zealand

Interesting fact about New Zealand Dollar

The New Zealand Dollar (NZD) is the official currency of New Zealand since 1967. It replaced the New Zealand Pound and is commonly referred to as the Kiwi Dollar. The NZD is significant as it plays a vital role in the country's economy, facilitating trade and investment. It is subject to fluctuations in global market conditions and influences New Zealand's import and export competitiveness.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The New Zealand Dollar to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 NZD to EUR is €0.54.
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Yes, our site provides historical charts that show the trends and fluctuations in the New Zealand Dollar to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.