New Zealand Dollar vs Canadian Dollar
NZDCAD
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
NZD 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
| October 02 | Friday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11:30 |  EMU | EUR | ECB's Vujčić speech | MEDIUM | |||||||||
| 12:30 |  US | USD | Average Hourly Earnings (MoM) | HIGH | 0.3 | 0.3 | |||||||
| 12:30 | US | USD | Average Hourly Earnings (YoY) | HIGH | 3.1 | 3.2 | |||||||
| 12:30 | US | USD | Average Weekly Hours | LOW | 34.4 | 34.3 | |||||||
| 12:30 | US | USD | Labor Force Participation Rate | MEDIUM | 61.6 | ||||||||
| 12:30 | US | USD | Nonfarm Payrolls | HIGH | 162 | 90 | |||||||
| 12:30 | US | USD | U6 Underemployment Rate | MEDIUM | 7.7 | ||||||||
| 12:30 | US | USD | Unemployment Rate | MEDIUM | 4.1 | 4.1 | |||||||
| 14:00 | US | USD | Factory Orders (MoM) | MEDIUM | 0.9 | 0.1 | |||||||
| 17:00 | US | USD | Baker Hughes US Oil Rig Count | LOW | 455 | ||||||||
| 19:30 | EMU | EUR | CFTC EUR NC Net Positions | LOW | -52.3 | ||||||||
| 19:30 | US | USD | CFTC Gold NC Net Positions | LOW | 225.9 | ||||||||
| 19:30 | US | USD | CFTC Oil NC Net Positions | LOW | 141.1 | ||||||||
| 19:30 | US | USD | CFTC S&P 500 NC Net Positions | LOW | -133.2 | ||||||||
| 19:35 | EMU | EUR | ECB's Nagel speech | MEDIUM | |||||||||
| 22:00 |  DE | EUR | Day of German Unity | NONE | |||||||||
FAQ
The NZD/CAD currency pair indicates the exchange rate between the New Zealand dollar and the Canadian dollar, or the amount of Canadian dollars required to purchase one New Zealand dollar (the base currency).
The Canadian dollar is widely used in international transactions. Despite not having the same level of global dominance as the US dollar, the CAD is still regarded as a stable and dependable currency.
The New Zealand dollar is legal tender in New Zealand as well as some of its Pacific territories and affiliated states, including the Cook Islands, Niue, Tokelau, and Pitcairn Islands. It is one of the most frequently traded currencies on the worldwide currency market. New Zealand is a popular currency among currency traders due to its stable economy and relatively high-interest rates when compared to other major currencies.
When paired with other major currencies, both the New Zealand dollar (NZD) and the Canadian dollar (CAD) are considered major currencies. However, due to their lower trading volumes and liquidity when compared to major pairings, they constitute an exotic currency pair when combined.
