Live and Historical NZD/CHF Rates
This chart shows the value of the New Zealand dollar (NZD) against the value of the Swiss franc (CHF) – that is how many CHF will purchase one New Zealand dollar. The Swiss franc is a major currency, but the New Zealand dollar is not. NZD/CHF forms neither a major pair nor a commodity pair.
NZDCHF Analysis
This pair is interesting because of the strong contrast between the two currencies. Of course, there is a strong geographic separation between the nations, but the focus industries in the two economies also contributes to the contrast. The kiwi dollar is also much less stable than the franc. Because of solid stability in CHF, the best opportunities usually arise from agricultural prices. When the kiwi dollar inflated rapidly in the early 2000s, this was also an excellent pair for carry trades, and other similar opportunities may arise in the future. Of course, any adjustments in the Australian, American or Eurozone economies will also have a strong influence.
| Broker | Features | Regulator | Platforms | Next Step | |
|---|---|---|---|---|---|
 Your capital is at risk
Founded: |
|
CySEC, IFSC | |||
 Your capital is at risk
Founded: 2012Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. |
|
FSA, FSC | MT4, MT5, WebTrader, Proprietary Mobile App | ||
 66% of retail CFD accounts lose money
Founded: 201466% of retail C... |
|
FSA SC | MetaTrader 4, Web Trader | ||
 75% of clients lose money. Capital at risk.
Founded: 1983 |
|
ASIC, CFTC, CIMA, FCA, FSA, IIRO, MAS, NFA, SFC | Advantage Web, AT Pro, MT4, WebTrader | ||
 Your capital is at risk
Founded: 2011 |
|
CySEC, FCA, FSC, FSCA | MT4 & MT5 for PC, Mac, iPhone/ iPad, Android. FXTM WebTrader (MT4) | ||
 Your capital is at risk
Founded: 2006Europe* CFDs ar... |
|
ASIC, FSA, FSB, MiFID | MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader | ||
The New Zealand Dollar
The New Zealand dollar is also known as the “kiwi” or the “kiwi dollar.” The kiwi was introduced to the world market in 1967, and at that time NZD was pegged to USD. It was in 1985 that NZD followed the trend started by the United States in the ’70’s to float. However, NZD is still very heavenly influenced by international currency trading and other world economies. Unlike other currencies that have micro-denominations as low as 1, the smallest NZD coin available has a value of 10 cents. Major New Zealand exports include food processing and agriculture, and New Zealand’s primary trade partners are the United States and Australia.
The Swiss Franc
Switzerland has one of the strongest economies in the world. With huge stores of gold on hand, it would follow that the Swiss franc is one of the most dependable currencies in the world. The Swiss franc is sought after as a reserve currency because of its strength as well as its stability. The Swiss franc’s stability is attributed to both the low unemployment rates and low national deficit in Switzerland and Liechtenstein. The Swiss National Bank is the governing body of the Swiss franc though they maintain limited control over the Swiss franc’s value. Major Swiss franc sectors are tourism, agriculture and banking.
Forextraders' Broker of the Month
ForexTime (FXTM) is an award-winning platform that certainly has the feeling of being set up by people who know what they are doing. The firm demonstrates an understanding of what helps traders make better returns, and its success can be measured by the fact that it's doubled the number of clients it supports in recent years. The fact that the broker has grown to have more than two million accounts suggests it is getting things right for clients.
