EURNZD

EURNZD • Forex

Current Price: 1.9102

About Euro - New Zealand Dollar

The Euro vs. the New Zealand Dollar. The New Zealand dollar had performed well against the Euro recently because it is often considered to be a proxy for the Chinese growth. Eurozone weakness may limit any significant reversal if concerns about Chinese growth occurs as the country shifts from export lead growth. The NZD has benefited from the recent Euro-zone difficulties due to idle cash efforts to find strong, secure yields.

How is EURNZD exchange rate calculated?
The value of the EURNZD pair is quoted as 1 EUR per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 EUR.

What is EURNZD volatility?
The term volatility describes the risk related to the changes in an asset's value. EURNZD has the volatility rating of 0.95%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.

What kind of pair EURNZD?
EURNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.