Major
NZD/USD — “Kiwi”
Reference rate
0.5639
Bank of Canada-derived · 2026-09-29
Pip value (10,000 units)
C$1.42
Pip size 0.0001
Most active (ET)
6 p.m.–2 a.m. ET.
2026-09-29 → 2026-04-09 · +3.82%
- Latest
- 0.5855
- High
- 0.5985
- Low
- 0.5639
What moves NZD/USD
- Reserve Bank of New Zealand decisions
- Dairy auction prices
- Chinese demand
- Risk sentiment
The Canadian angle
Liquidity is thinner than the majors; spreads widen notably outside Asian and New York hours.
Related: what moves the loonie · pip calculator · market hours
Registered brokers to trade NZD/USD
- #1
Interactive Brokers Canada
CIRO-registeredBest for: Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account
- Platforms
- TradingView
- FX pairs
- 100+
- Min. deposit
- $0
- CIPF
- Yes
9.5/ 10 - #2
Questrade
CIRO-registeredBest for: Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm
- Platforms
- Proprietary
- FX pairs
- 100+
- Min. deposit
- $0
- CIPF
- Yes
9.4/ 10 - #3
CMC Markets Canada
CIRO-registeredBest for: Traders who want the widest CFD and currency-pair range from a Canadian dealer
- Platforms
- MT4, TradingView
- FX pairs
- 150+
- Min. deposit
- $0
- CIPF
- Yes
⚠ Alberta residents generally must qualify as accredited investors to trade CFDs.
8.9/ 10
Questions
What is one pip worth on NZD/USD in Canadian dollars?
A pip on NZD/USD is 0.0001. On 10,000 units that's 1 USD, or about C$1.42 at the latest Bank of Canada rate.
When is NZD/USD most active?
6 p.m.–2 a.m. ET.
Where can Canadians trade NZD/USD?
Through CIRO-registered dealers that offer forex, such as Interactive Brokers Canada, Questrade, CMC Markets Canada. Leverage on this pair is capped by CIRO margin rates.
Rates are Bank of Canada daily averages (cross rates derived via CAD) for information only — not trading prices or advice. Source: Bank of Canada.