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Prices are our trading platform's bid for NZDCAD. Times are server time, New York + 7 hours (GMT+2 now). Past performance is not a reliable indicator of future results.
The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.
Read from our trading platform daily. The specification in MetaTrader 5 always prevails.
Server time is New York time + 7 hours.
The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in November 2021.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.82% | −0.24% | −2.27% | +0.36% | +2.98% | −2.47% | +2.35% | −0.64% | −2.19% | −1.83% | +1.01% | |
| 2025 | +1.70% | −0.99% | +0.86% | +0.20% | +0.05% | +1.30% | −1.62% | −0.76% | −0.42% | −0.53% | −0.16% | −1.38% |
| 2024 | −1.90% | +0.53% | −2.00% | +0.17% | +3.25% | −0.51% | −1.42% | +2.67% | +1.81% | −3.02% | −0.38% | −3.04% |
| 2023 | −0.44% | −1.48% | +0.18% | −0.95% | −2.46% | −0.48% | +0.73% | −1.58% | +1.00% | −0.72% | +3.26% | +0.36% |
| 2022 | −3.47% | +2.53% | +1.17% | −4.22% | −0.76% | −2.43% | +0.18% | −0.32% | −3.55% | +2.17% | +6.77% | +1.89% |
| 2021 | −1.75% | −0.72% | ||||||||||
| Average | −0.06% | +0.07% | −0.41% | −0.89% | +0.61% | −0.92% | +0.04% | −0.13% | −0.67% | −0.79% | +1.55% | −0.58% |
| Months higher | 2/5 | 2/5 | 3/5 | 3/5 | 3/5 | 1/5 | 3/5 | 1/5 | 2/5 | 1/5 | 2/5 | 2/5 |
Month to date · Past performance is not a reliable indicator of future results.
No recent articles on this instrument.
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Core Inflation Rate MoM s.aCAD
Nov 16, 15:30 · Previous 0.1%
Inflation Rate YoYCAD
Nov 16, 15:30 · Previous 3.1%
High-impact releases for NZD, CAD over the next 7 days, in server time (GMT+2). Dots on the 1D and 5D charts mark recent releases.
NZD/CAD represents the exchange rate between the New Zealand Dollar and the Canadian Dollar, a minor forex pair that reflects the economic relationship between two commodity-driven economies. This pair typically sees moderate daily liquidity and is popular among traders seeking exposure to both antipodean and North American markets. The NZD/CAD pair offers distinct trading opportunities outside the major currency pairs, making it attractive to experienced forex traders.
The NZD/CAD rate is influenced by interest rate differentials set by the Reserve Bank of New Zealand and the Bank of Canada, commodity prices (particularly dairy exports from New Zealand and oil prices affecting Canada), economic data releases, and broader risk sentiment. Changes in global equity markets and shifts in risk appetite often drive this pair, as both currencies respond to different commodity cycles and economic cycles. Central bank policy decisions and GDP growth trajectories are primary catalysts for significant price movements.
At GCC Brokers, NZD/CAD is available with automatic execution and no manual intervention. Variable spreads on both Zero and Standard accounts allow you to trade this minor pair with confidence. Whether you're scalping intraday moves or building medium-term positions, execution is automatic, with no manual intervention.
NZD/CAD trades 24 hours a day, 5 days a week, following the forex market cycle. Trading begins Sunday evening in Asia and closes Friday afternoon in New York. Liquidity is typically highest during overlap hours between the New Zealand, London, and North American sessions.
Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.
NZD/CAD is primarily driven by interest rate differentials between the RBNZ and Bank of Canada, commodity prices (dairy and agricultural exports from New Zealand, oil prices affecting Canada), and risk sentiment. Economic data such as employment figures, inflation reports, and GDP growth also significantly impact this pair. Geopolitical events and shifts in global equity markets can create sharp moves due to the currencies' correlation with commodity cycles.
NZD/CAD can be traded on shorter timeframes, though as a minor pair it typically offers lower liquidity than major pairs like EUR/USD. Scalpers and day traders should monitor liquidity during peak trading hours and be prepared for wider spreads during low-liquidity sessions. The pair is better suited for swing trading and position trading strategies where you have more time to develop your thesis. Scalping is welcome. Practices that abuse prices or latency, such as latency arbitrage, are not allowed under the Client Agreement.
Execution is automatic, with no manual intervention, no requotes and no filtering by profitability. Slippage is symmetric, so price improvements are passed on as well, including during volatile market conditions. As a regulated FSC Mauritius broker, GCC Brokers applies the same execution policy to every forex instrument, including NZD/CAD.
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Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.