NZDJPYNew Zealand Dollar / Japanese Yen — Live Price & Chart

NZDJPY measures how many units of JPY one unit of NZD buys — in other words, the exchange rate of the New Zealand dollar, a smaller commodity currency sensitive to dairy prices, risk appetite, and Reserve Bank of New Zealand policy against the Japanese yen, a classic safe-haven and funding currency that strengthens when global risk appetite falls and is heavily influenced by Bank of Japan policy.

A thinly traded risk-sensitive cross combining the New Zealand dollar with the safe-haven yen. Moves follow global risk appetite and Asia-Pacific data; expect wider spreads and sharper slippage than the majors.

New Zealand Dollar / Japanese Yen is a currency pair combining the New Zealand dollar, a smaller commodity currency sensitive to dairy prices, risk appetite, and Reserve Bank of New Zealand policy with the Japanese yen, a classic safe-haven and funding currency that strengthens when global risk appetite falls and is heavily influenced by Bank of Japan policy. Forex trades 24 hours a day from the Monday Sydney open to the Friday New York close, with the deepest liquidity during the London–New York overlap. Its moderate daily range suits both day traders and position traders. The pair is followed by retail day traders, bank desks and macro funds alike.