New Zealand Dollar – Canadian Dollar

NZD (New Zealand dollar)
Currency unit of New Zealand, Niue, Cook Islands, Tokelau Islands and Pitcairn Island.
Issued by: Reserve Bank of New Zealand
The price dynamics mainly depend on interest rates of the Reserve Bank of New Zealand, inflation and growth rates of the country. The currency has a strong correlation with a currency that is geographically adjacent to Australia.

CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies
Issued by: Bank of Canada
The price dynamics mainly depend on oil prices, interest rates of the Bank of Canada, inflation and growth rates of the Canadian economy.