GBPNZD

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 VolatilityActualPreviousConsensus
15:30
US flag

US

USD3-Month Bill AuctionLOW3.715
15:30
US flag

US

USD6-Month Bill AuctionLOW3.78

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.

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