NZD/XPD: what to know
The NZD/XPD rate shows how much XPD you get for 1 NZD. Right now, 1 NZD buys 0.000446194 XPD at the mid-market rate. In the other direction, 1 XPD is worth 2,241.18 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while XPD responds to auto demand and tight supply.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.