NZD/CHF
NZD/CHF
0.5186
-0.1%High: 0.5193
Low: 0.5175
Market Mood
The ratio of the number of bought and sold lots based on the trading volume
The data is updated every 10 minutes
Trader`s mood
The ratio of the number of buy and sell deals, excluding their volume
The data is updated every 10 minutes
The currency pair is the New Zealand dollar to the Swiss franc.
The economy of New Zealand is based on agriculture, primarily the production and processing of dairy products and sheep wool, which is exported all over the world. The country aspires to receive electricity from renewable sources, which in 2018 completely closes coal generation. After filming the kinotrilogy "The Hobbit" and "The Lord of the Rings" in New Zealand, the tourist business began to develop actively.
Switzerland is in the second from ten countries in terms of industrial production and the top ten in terms of income per capita. About a third of the products are exported. High quality products provide good demand and, as a result, a stable high positive trade balance. Switzerland hosts the headquarters of a number of global pharmaceutical and chemical corporations. Its contribution to GDP is made by manufacturers of luxury goods, including watches.
The Swiss economy has remained at a high level for several decades, which explains the great confidence of the whole world in the national currency of this country. The Swiss franc is a "safe haven" for investors in times of crisis.
The NZD / CHF currency pair is built on the principle of direct quotation. The base currency is NZD, New Zealand dollar, and quoted - CHF, Swiss franc. The growth of the currency pair means the strengthening of the New Zealand dollar against the Swiss franc, that is, the purchase of one NZD requires more CHF. A decrease in the exchange rate indicates the strengthening of the Swiss franc.
Using the current exchange rate chart, you can monitor the volatility of the currency pair in real time.
New Zealand Dollar - (bank code: NZD) - often referred to as "kiwi" - the official currency of New Zealand, also on the islands: Niue, Cook Islands, Tokelau and Pitcairn. The central bank of the country that also issues currency is the Reserve Bank of New Zealand. Since 1999, New Zealand dollars have been printed on plastic.
Swiss franc - (bank code: CHF) is the currency and legal tender of Switzerland and Liechtenstein. Unofficial name "Swissie". Banknotes of francs are issued by the central bank of Switzerland (National Bank of Switzerland), and coins are issued by the Federal Mint
FAQ
- How to trade Forex NZD/CHF?
Various cryptocurrency exchanges enable you to purchase NZD/CHF . However, you must create an account, provide identification, and link a payment method such as a bank account or credit card to utilize these exchanges. Alternatively, you can use peer-to-peer marketplaces, which allow you to purchase NZD/CHF directly from other buyers and sellers using different payment methods
- Which platform is better to trade?
Multiple forex trading platforms are widely used. The most prevalent ones are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which have established themselves as the industry norm. Additionally, Ctrader enables you to trade directly with global banks, create trading advisors with ease, and copy trades.
- What is the forex trend NZD/CHF?
When trading the NZD/CHF, it is essential to keep an eye on the exchange rates, which can be monitored through charts and other analytical tools. As with any currency, the NZD/CHF can be subject to fluctuations in value, making it important for traders to stay informed about the latest market news and trends.