Cross pair
AUD/NZD: volatility, trading hours and correlation
The Australian dollar against the New Zealand dollar. AUD/NZD has averaged 65 pips a day over the last 90 days, with recent volatility close to its one-year norm. It tends to move most between 00:00 and 03:00 UTC.
- Last close
- 1.22843 16 October 2026
- Avg daily range
- 65 pips 90 days · 0.53% of price
- 1-year change
- +8.47% AUD stronger vs NZD
- 52-week range
- 1.12760 – 1.24937 Low to high
AUD/NZD over the last 12 months
Daily closes
When AUD/NZD moves most
Average high-to-low range for each hour of the day over the last year, in pips (UTC). The busiest three-hour window is highlighted. 21:00–23:00 UTC includes the daily rollover, when spreads widen and bid prices dip, so those hours are left out of it.
Want these hours in your own time zone? Open forex market hours. To compare AUD/NZD with other pairs, read the most volatile hours in forex.
Average range by weekday
Pips, last 12 months. Wednesday is typically busiest and Friday quietest.
Calendar-year performance
% change in AUD/NZD each year, latest year to date
AUD/NZD seasonality
Average % change by calendar month across the last 9 years. August has been the strongest month on average and November the weakest. Seasonality is a tendency, not a forecast.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg change | +0.08% | +0.01% | +0.17% | +0.60% | -0.27% | +0.23% | +0.19% | +0.82% | +0.41% | -0.05% | -1.20% | +0.33% |
| Years up | 33% | 44% | 56% | 78% | 56% | 67% | 56% | 67% | 67% | 56% | 0% | 56% |
AUD/NZD correlation
Correlation of daily returns with other pairs. +1 means they move together, −1 means they move in opposite directions. How to use correlation.
Biggest daily moves in the last year
The five widest high-to-low days for AUD/NZD.
| Date | Range | Open to close | × normal day |
|---|---|---|---|
| 27 May 2026 | 202 pips | -1.44% | 3.2× |
| 2 September 2026 | 183 pips | +1.08% | 2.9× |
| 15 October 2026 | 170 pips | -1.24% | 2.7× |
| 8 April 2026 | 123 pips | -0.47% | 2.0× |
| 2 March 2026 | 123 pips | +0.93% | 2.0× |
AUD/NZD pip value
Value of a one-pip move (0.0001) at the latest price.
| Account currency | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) |
|---|---|---|---|
 USD | 5.65 USD | 0.56 USD | 0.056 USD |
 EUR | 5.03 EUR | 0.50 EUR | 0.050 EUR |
 GBP | 4.24 GBP | 0.42 GBP | 0.042 GBP |
 NZD | 10.00 NZD | 1.00 NZD | 0.100 NZD |
About AUD/NZD
AUD/NZD shows how many New Zealand dollars (NZD) it takes to buy one Australian dollar (AUD). When the price rises, the Australian dollar is strengthening against the New Zealand dollar.
AUD is issued by the Reserve Bank of Australia. It tends to respond to Reserve Bank of Australia policy, iron ore and commodity prices, and Chinese economic data.
NZD is issued by the Reserve Bank of New Zealand. It tends to respond to Reserve Bank of New Zealand policy, dairy prices and broader risk sentiment.
With an average range of about 65 pips a day, a stop loss of 19–39 pips is roughly a third to two-thirds of a normal day for AUD/NZD. Always size your position from the stop distance with the lot size calculator.
AUD/NZD FAQ
What is the average daily range of AUD/NZD?
Over the last 90 days AUD/NZD moved an average of 65 pips from high to low each day, about 0.53% of its price. Over the past year the average was 62 pips, and over the last 20 trading days it was 68 pips.
What is the best time to trade AUD/NZD?
In the past year AUD/NZD was most active between 00:00 and 03:00 UTC, and the Asian session produced the largest average range (39 pips). The quietest hour was 19:00 UTC. Wednesday was its busiest weekday on average.
What is AUD/NZD most correlated with?
Based on daily returns over the last year, AUD/NZD moved most closely with EUR/NZD (correlation 0.43) and most inversely with NZD/CAD (-0.49).
How much is one pip worth on AUD/NZD?
One pip on AUD/NZD is 0.0001 of the price. For one standard lot (100,000 AUD) that is 10 NZD, or about $5.65 at the latest price. A mini lot is a tenth of that and a micro lot a hundredth.
Statistics are calculated by ForexSignals.io from Dukascopy hourly bid prices up to the 16 October 2026 close. Trading days run from 17:00 to 17:00 New York time, the same daily candles most MT4 and MT5 brokers show. Hourly figures cover the last 12 months, seasonality the last 9 full years. Data may contain errors and is not a trading recommendation.
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