NZD/USD is one of the many currencies, which are traded online in platforms such as IQ options. The currency pair is used by many traders all over the world to ask the question such as “How many United States dollars can the one New Zealand dollar purchase?” South African traders who are keen to profit from the trading of this currency pair can also trade on the gains or loses the New Zealand dollar makes over the United States dollar.
South African traders need to keep track of several economic indicators when trading on the NZ/USD currency pair. This is because the gains or loses any of the currency makes over the other are dependent on the economic changes taking place around the globe.