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GBPNZD

Market is closed. Opens in 35h 49m

Great Britan Pound vs New Zealand Dollar
2.31896
2.31896
49.00 % Sentiment 51.00 %
Details
Contract size
100000
Min volume, lot
0.01
Max volume, lot
100
Step volume, lot
0.01
Stops level
0
Avg spread, pips
2.8
Commission, per lot/side USD
0
Margin
0.03%
Long swap, points
-15.12
Short swap, points
-22.32
3 days swap
Wednesday
Profit currency
GBP
Trading time (MT server time)
Market is closed. Opens in 35h 49m
Sunday -
Monday 00:02 - 24:00
Tuesday 00:00 - 24:00
Wednesday 00:00 - 24:00
Thursday 00:00 - 24:00
Friday 00:00 - 23:58
Saturday -
Description

The GBPNZD pair shows the exchange rate between the British pound sterling (GBP) and the New Zealand dollar (NZD), where GBP is the base currency and NZD is the quote currency. This rate indicates how many New Zealand dollars are needed to purchase one British pound.

Factors influencing GBPNZD:

  • Economic data from the UK and New Zealand: Key reports like GDP growth, employment, and inflation affect both currencies’ value.
  • Central bank policies: Decisions from the Bank of England (BoE) and the Reserve Bank of New Zealand (RBNZ) regarding interest rates and monetary policy are major drivers.
  • Political developments: Political events such as Brexit-related changes and general elections in either country can cause significant market movements.
  • Commodity market impact: New Zealand’s economy is export-driven, meaning changes in global commodity prices can affect NZD’s strength.