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The GBP/NZD is the representation of the amount of New Zealand dollars (NZD) that can be purchased for one British pound (GBP) - and it is an important guide for those interested in forex trading, as well as those looking to travel between the two countries.

Both currencies are among the top ten most traded in the world in terms of value.

The monetary systems of the two countries have a long history and it was not until 1933 that the Kiwi currency became distinct from the British pound. The NZD replaced the old New Zealand pound in 1967 and the currency was then floated on March 4th 1985.

After that, the GBP appreciated against the NZD - also known as the Kiwi - until September 2008, when it hit 2.8000.

Now the value of the NZD is very reliant on the prices of agricultural raw materials around the world, as up to 40 per cent of the country's exports are farm produce.

While New Zealand does still contain trade links with the UK, much of its major business comes from neighbouring countries such as Australia and south east Asia.

In terms of the global downturn, New Zealand's economy continues to perform relatively well - although not as robust as Australia's. The employment rate hovers around six per cent, while nominal gross domestic product growth currently stands at an impressive 5.1 per cent.

The New Zealand dollar is seen as a relatively flat currency in forex trading circles, as the country's Reserve Bank rarely intervenes. In June 2007 the Bank sold an unknown amount of currency to keep a cap on its value and this was the only major intervention since the currency was floated on the forex markets.

NZD is also sometimes referred to as NZ$ to distinguish it from other dollar-denominated currencies.

Live Prices
Spreads: 6.1
Margin Requirements: 0.25%
Trading Hours:
Sunday 22:00 - Friday 22:00

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Contracts for Difference (CFDs) and margined FX are leveraged products which carry a high degree of risk to your capital. Prices may move rapidly against you and may result in you losing more than your initial deposit. CFDs and FX may not be suitable for all investors and you should fully understand the risks involved before opening an account. Please read the Risk Warning Notice on our website.

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Office network
  • London Office
    One Financial Markets
    20 Savile Row,
    W1S 3PR 
    United Kingdom
    T: + 44 (0) 207 534 0950   
  • Dubai Office
    One Financial Markets  (DIFC ) Ltd.
    1008 Index Tower, 
    Al Sa'ada Street,
    Dubai International Financial Centre, 
    Dubai, UAE   

    + 971 4 453 1200   
  • Kuwait Office
    VI Markets 
    Sharq - Mazaya Tower 02 - 10th floor 
    PO BOX 3040
    Salmiya, Kuwait   

    + 965 22256988
  • Shenzhen Office
    One Financial Markets 
    T: 4007 -707-617
  • Hong Kong Office
    One Financial Markets 
    Unit 2102A, Level 21,
    60 Wyndham Street,
    Central, Hong Kong
    +852 2107 2700

One Financial Markets is the trading name of C B Financial Services Ltd, a company registered in England with company number 6050593. C B Financial Services Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201) and the Financial Services Board in South Africa (with FSP number 45784).

One Financial Markets (DIFC) Ltd is a company registered in the Dubai International Financial Centre at Index Tower, Level 10, Office 1008, PO Box 507147, Dubai, United Arab Emirates. One Financial Markets (DIFC) Ltd is regulated by the Dubai Financial Services Authority.

One Financial Markets (Asia) Ltd is an approved introducing agent of One Financial Markets, authorised and regulated by the Hong Kong Securities and Futures Commission (with SFC CE No BFZ621).

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. is owned and operated by C B Financial Services Ltd.

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Best FSA Regulated Broker
Saudi Money Expo

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Saudi Money Expo

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CN Forex

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FX Broker 2015

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