Currency.Wiki
Updated 7 minutes ago
 NZD =
    JPY
 New Zealand Dollar =  Japanese yen
Trending: NZ$ exchange rates for the last 24 hours
  • NZD/USD 0.565600 -0.05795998
  • NZD/EUR 0.542282 -0.01649009
  • NZD/JPY 88.485289 -1.34725366
  • NZD/GBP 0.450086 -0.01832434
  • 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/JPY exchange rate analysis over the past 90 days

New Zealand Dollar to Japanese Yen exchange rate: Over the last 90 days, the New Zealand Dollar weakened by -1.52% against the Japanese Yen, declining from ¥89.8325 to ¥88.4853 per New Zealand Dollar. This trend reflects the evolving economic dynamics between the New Zealand and the Japan. Factors contributing to this weakening may include:

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

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.

¥

Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

Quick Conversion Guide

Frequently Asked Questions

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The New Zealand Dollar to Japanese Yen 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 JPY is ¥88.49.
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Yes, our site provides historical charts that show the trends and fluctuations in the New Zealand Dollar to Japanese Yen 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.