Euro – New Zealand Dollar

EUR (Euro)
Currency unit of the Eurozone which includes 18 leading countries of Europe. The world’s second reserve currency after the US dollar in order of importance.
Issued by: European Central Bank (ECB)
The price dynamics depend on interest rates of ECB, inflation and growth rates of the region’s economy.

NZD (New Zealand dollar)
Currency unit of New Zealand, Niue, Cook Islands, Tokelau Islands and Pitcairn Island.
Issued by: Reserve Bank of New Zealand
The price dynamics mainly depend on interest rates of the Reserve Bank of New Zealand, inflation and growth rates of the country. The currency has a strong correlation with a currency that is geographically adjacent to Australia.