British Pound vs New Zealand Dollar
GBPNZD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.002
Contract Size Currency per 1 Lot Symbol
GBP 100,000
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 00:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| August 24 | Monday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15:30 | US | USD | 3-Month Bill Auction | LOW | 3.715 | ||||||||
| 15:30 | US | USD | 6-Month Bill Auction | LOW | 3.78 | ||||||||
FAQ
The GBP/NZD currency pair represents the exchange rate between the British pound and the New Zealand dollar, or the amount of dollars (the quote currency) needed to purchase one pound (the base currency).
GBP, also known as the pound sterling or "Cable" in financial circles, is the oldest currency in use today in the United Kingdom and British Overseas Territories. Even though the US dollar has replaced the British pound as the world's primary reserve currency, a position it held for centuries, the British pound continues to play an important role in international trade and finance.
The New Zealand dollar is legal tender in New Zealand and several of its territories and associated Pacific states, such as the Cook Islands, Niue, Tokelau, and Pitcairn Islands. It is one of the most actively transacted currencies on the international foreign exchange market. Due to its stable economy and relatively high-interest rates relative to other major currencies, the New Zealand dollar is a favourite among currency traders.
