CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – NZD. The counter currency – CAD. The NZD/CAD chart represents the relationship between the New Zealand and Canadian dollars. Both currencies are referred to as commodity currencies. New Zealand is deeply associated with agricultural commodities, in particular the exporting of meat and dairy products to China and Australia. Canada is known as the largest oil-producer to the US market, therefore, its currency rate is primarily correlated to oil. To browse the latest Forex NZD/CAD rates, follow Capital.com.