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

DateForecast
Jan-180.7263
Feb-180.728
Mar-180.719
Apr-180.719
May-180.724
Jun-180.725
Jul-180.726

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.