Current Forecast of New Zealand Dollar to US Dollar
Units: USD per NZD, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for New Zealand Dollar to US Dollar
How This Forecast is Produced
The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.
The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components. The decomposed components of the time series are then projected forward in time.
The New Zealand Dollar
The New Zealand dollar, or nzd or kiwi, is the official currency of the Realm of New Zealand. The kiwi is the 10th most traded currency in the world.