Trade NZD/CAD

About Trade NZD/CAD

NZD (New Zealand dollar)
Currency unit of New Zealand, Niue, Cook Islands, Tokelau Islands and Pitcairn Island.
Issued by: Reserve Bank of New Zealand
Price dynamics mainly depends on the interest rates of Reserve Bank of New Zealand, inflation and growth rates of the country. The currency has a strong correlation with a currency that is geographically adjacent to Australia.

CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies
Issued by: Bank of Canada
Price dynamics mainly depends on the oil prices, interest rates of Bank of Canada, inflation and growth rates of Canadian economy.