NZDJPY
Market is open. Closes in 109h 03m
New Zealand Dollar vs Japanese Yen
87.022
0.692
(0.8%)
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
2.3 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
100% |
|
Long swap, points
|
0 |
|
Short swap, points
|
-19.68 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
NZD |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 109h 03m | |
| 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 NZDJPY currency pair represents the exchange rate between the New Zealand dollar (NZD) and the Japanese yen (JPY). It indicates how many Japanese yen are required to purchase one New Zealand dollar. This pair reflects the economic relationship between New Zealand, a major commodity exporter, and Japan, a global industrial powerhouse.
Factors influencing NZDJPY:
- Interest rate differentials: Monetary policy decisions from the Reserve Bank of New Zealand (RBNZ) and the Bank of Japan (BoJ) impact the pair.
- Commodity prices: New Zealand’s economy is sensitive to agricultural and dairy prices, affecting the NZD.
- Global risk sentiment: As a carry trade pair, NZDJPY fluctuates with investor risk appetite.
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