   NZDCAD Price | SimpleFX: Free Trading & Investing App                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "NZD/CAD", "description": "Trade NZD/CAD with SimpleFX. Real-time forex trading with competitive spreads, and professional trading platform.", "identifier": "NZDCAD", "category": "Forex", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/nzdcad" }, "url": "https://basitfx.com/instruments/nzdcad", "sameAs": [ "http://www.bankofcanada.ca/" ], "offers": { "@type": "Offer", "price": 0.81164, "priceCurrency": "CAD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.00017 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100000 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "CAD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "NZDCAD Trading", "description": "Learn how to trade NZDCAD with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/nzdcad" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Forex", "item": "https://basitfx.com/instruments/?category=forex" }, { "@type": "ListItem", "position": 4, "name": "NZDCAD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is NZD/CAD (NZDCAD) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "NZD/CAD (NZDCAD) is a forex CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on NZDCAD?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on NZDCAD at SimpleFX is 0.00017 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for NZDCAD?", "acceptedAnswer": { "@type": "Answer", "text": "NZDCAD can be traded with up to 1:1000 leverage on SimpleFX, which corresponds to a margin requirement of 0.10%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is NZDCAD margined in?", "acceptedAnswer": { "@type": "Answer", "text": "NZDCAD positions on SimpleFX are margined in CAD. Your account balance in CAD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for NZDCAD?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for NZDCAD on SimpleFX is 100000. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   NZDCAD

[NZDCAD exchange rate](https://app.basitfx.com/instruments/NZDCAD)
==================================================================

NZD/CAD
-------

0.81145 CAD

\-0 (-0.44%)

1H

4H

1D

1W

1MN

NZDCAD Key Statistics
---------------------

Open price

0.81508

High today

0.81647

Low today

0.81144

52 Week high

0.83293

52 Week low

0.78572

##### Trading hours

\-12:00

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\-02:00

\-01:00

UTC 00:00

+01:00

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+05:00

+05:30

+05:45

+06:00

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+12:00

+12:45

+13:00

+14:00

UTC 00:00

Sunday

\-

Monday

\-

Tuesday

\-

Wednesday

\-

Thursday

\-

Friday

\-

Saturday

\-

##### Symbol trading specification

Description

NZDCAD

Exchange

OTC

Base Currency

NZD

Quote Currency

CAD

Contract size

100000

Margin

0.10%\*

\* for 1:1000 account leverage

Tick size

0.00001

Target Spread

0.00017

Stop levels

0

Swap - Buy

\-0.0006%

Swap - Sell

\-0.0062%

Minimum contract size

0.01

Maximum contract size

100

Type

Forex

[Trade NZD/CAD](https://app.basitfx.com/instruments/NZDCAD/chart)

### About NZDCAD

**In the NZDCAD pair, NZD is the base currency, and CAD is the quote currency, and it tells about the number of NZDs required to purchase one CAD. Moreover, the pair is quoted with the ask price and bid price. The bid price is the buying price, and the asking price is the pair's selling price.**

#### What is NZDCAD?

The NZDCAD is the exchange rate between New Zealand Dollars (NZDs) and Canadian Dollars (CADs). Both these currencies fall under commodity currencies because Canada exports oil and lumber. Also, its principal trading partner is the United States. Likewise, New Zealand exports meat and dairy products to Australia and China. The NZDCAD is a cross-currency pair actively traded on the forex market. It is highly volatile, and its volatility depends on factors such as export prices, economic data releases, trading partners, and interest rates of both the New Zealand Dollar and Canadian Dollar. Before entering the market, traders can learn [how to invest in NZDCAD](/how-to-invest-in/NZDCAD) with a demo account. Therefore, traders must research these factors before investing in the pair.

#### How does NZDCAD work?

Like all other currency pairs, NZDCAD is traded on the forex market using financial instruments such as futures, contracts for difference (CFDs), and options. First, traders open an account on the SimpleFX platform where the currency pair is available. Then, investors can deposit funds into the account and start trading the pair. Traders buy and sell the pair after speculating on the exchange rate fluctuations. They use different approaches, such as carry trading, scalping, news trading, and fundamental and technical analysis. However, it's worth noting that the currency pair is not a risk-free option. Investors willing to find out [how to trade NZDCAD](/how-to-trade/NZDCAD) must remember that every investment may result in losses.

#### NZDCAD price history

Before investing in NZDCAD, knowing about its past performance is necessary. That's why traders should get familiar with the exchange rate from 2018 to 2022:

**2018**

At the start of 2018, the NZDCAD was at 0.8897 CAD; at its end, the value increased to 0.9173 CAD. The year's peak exchange rate was 0.9495 CAD on 13th March 2018, and its lowest value was 0.834 CAD on 6th October 2018. The average exchange rate in 2018 was 0.897 CAD.

**2019**

The year began when the NZDCAD was at 0.9153 CAD and closed with an exchange rate of 0.874 USD. The best exchange rate of the year was 0.9256 CAD on 25th March 2019, and the worst rate was 0.8252 CAD on 1st October 2019. The year's average was 0.8746 CAD.

**2020**

On 1st January 2020, the NZDCAD price was 0.874 CAD; on 31st December 2020, it rose to 0.914 CAD. The exchange rate touched the maximum value of 0.92 CAD on 30th December 2020, and the lowest recorded value for the year was 0.8133 CAD on 22nd March 2020. The average exchange rate in the year was 0.8713 CAD.

**2021**

At the start of 2021, the NZDCAD exchange rate was 0.9015 CAD; by the year's end, it was 0.8648 USD. The year's best exchange rate of 0.9313 CAD was recorded on 24th February 2021, and the worst exchange rate was 0.8581 CAD on 7th December 2021.

**2022**

The NZDCAD exchange rate was 0.8649 CAD on 1st January 2022 and 0.8615 on 31st December 2022. The year's best and worst performances were 0.8803 on 10th December 2022 and 0.7668 CAD on 10th October, respectively. The average exchange rate in the year was 0.8267 CAD.

#### Current NZDCAD price

The current **NZDCAD price** is subject to fluctuation due to the volatility of the forex market. Investors can check it on the chart or the SimpleFX Webtrader platform.

#### Is NZDCAD a good investment?

Whether NZDCAD is a good investment depends on factors such as interest rates, monetary policies, geopolitical events, etc. The answer depends on analyzing these factors and the potential returns on investment. If the factors are also stable and there are more chances of return, this currency pair brings more interest from investors worldwide.

[Read more Close](#)

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