XPD/NZD: what to know
The XPD/NZD rate shows how much NZD you get for 1 XPD. Right now, 1 XPD buys 2,242.44 NZD at the mid-market rate. In the other direction, 1 NZD is worth 0.000445942 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while NZD responds to soft-commodity prices and risk appetite.
Palladium is used mainly in petrol-engine catalytic converters. 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.
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.