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Currency.Wiki
Updated 22 seconds ago
 NZD =
    MXN
 New Zealand Dollar =  Mexican Pesos
Trending: NZ$ exchange rates for the last 24 hours
  • NZD/USD 0.566035 -0.03612500
  • NZD/EUR 0.545243 -0.01253921
  • NZD/JPY 86.716006 -5.52142680
  • NZD/GBP 0.453667 -0.01013366
  • NZD/CHF 0.512214 -0.01334269
  • NZD/MXN 11.596828 -0.32957425
  • NZD/INR 49.331372 -1.43471687
  • NZD/BRL 3.259626 -0.16817006
  • NZD/CNY 4.122773 -0.17851658

NZD/MXN exchange rate analysis over the past 90 days

New Zealand Dollar to Mexican Peso exchange rate: Over the last 90 days, the New Zealand Dollar weakened by -2.84% against the Mexican Peso, declining from MX$11.9264 to MX$11.5968 per New Zealand Dollar. This trend reflects the evolving economic dynamics between the New Zealand and the Mexico. Factors contributing to this weakening may include:

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

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.

MX$

Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

Quick Conversion Guide

Frequently Asked Questions

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The New Zealand Dollar to Mexican Peso 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 MXN is MX$11.6.
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Yes, our site provides historical charts that show the trends and fluctuations in the New Zealand Dollar to Mexican Peso 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.