The rate of NZDJPY is mostly influenced by the economic environment between the two countries as neighbouring countries actively trade with each other. New Zealand is also considered more dependable to its economic partners (Australia, USA, Japan, and the countries of Asia-Pacific Economic Cooperation). When trading and building your strategy for this cross pair, consider that it has a strong positive correlation with AUDJPY.
Spreads and conditions
- Minimum spread
- 1.6
- Average spread
- 1.6
- Swap short (pips)
- -0.74
- Swap long (pips)
- 0.17
- Contract size
- 100 000 NZD
- Pip price (USD/LOT)
- 9.39
- Islamic acc fee (short)
- -0.74
- Islamic acc fee (long)
- 0.17