Cross pair

AUD/NZD: volatility, trading hours and correlation

🇦🇺 Australian dollar against the 🇳🇿 New Zealand dollar. AUD/NZD has averaged 58 pips a day over the last 90 days, with recent volatility close to its one-year norm. It tends to move most between 20:00 and 23:00 UTC.

Last close
1.24149
6 October 2026
Avg daily range
58 pips
90 days · 0.47% of price
1-year change
+9.61%
AUD stronger vs NZD
52-week range
1.12790 – 1.24877
Low to high

AUD/NZD over the last 12 months

Daily closes

12 months ago · 1.13261Low 1.13044 · High 1.24445Latest · 1.24149

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.

0003060912151821
Asian session · 00:00–07:00 UTC
39 pips
Largest average range
London session · 07:00–16:00 UTC
38 pips
99% of the Asian range
New York session · 12:00–21:00 UTC
34 pips
88% of the Asian range

Want these hours in your own time zone? Open forex market hours.

Average range by weekday

Pips, last 12 months. Tuesday is typically busiest and Thursday quietest.

54
64
58
49
50
MonTueWedThuFri

Calendar-year performance

% change in AUD/NZD each year, latest year to date

+5.9%
-4.4%
-1.0%
+2.5%
-0.4%
+0.5%
+1.1%
+2.3%
+4.9%
+7.4%
'17'18'19'20'21'22'23'24'252026*

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.

JanFebMarAprMayJunJulAugSepOctNovDec
JanFebMarAprMayJunJulAugSepOctNovDec
Avg change+0.34%+0.08%+0.24%+0.47%-0.39%+0.29%+0.24%+0.80%+0.31%-0.02%-1.08%+0.02%
Years up56%56%56%67%56%78%67%78%56%44%11%44%

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.

Moves most with90 days1 year
AUD/CHF+0.47+0.47
AUD/CAD+0.40+0.36
EUR/NZD+0.54+0.34
GBP/NZD+0.50+0.33
AUD/JPY+0.25+0.33
Moves most against90 days1 year
GBP/AUD-0.58-0.49
EUR/AUD-0.56-0.48
NZD/CAD-0.48-0.36
NZD/USD-0.56-0.32
NZD/JPY-0.37-0.20

Biggest daily moves in the last year

The five widest high-to-low days for AUD/NZD.

DateRangeOpen to close× normal day
26 May 2026208 pips+0.01%3.7×
1 September 2026172 pips-0.02%3.1×
7 April 2026122 pips+0.04%2.2×
26 November 2025118 pips+0.01%2.1×
18 February 2026109 pips-0.01%1.9×

AUD/NZD pip value

Value of a one-pip move (0.0001) at the latest price.

Full pip value table
Account currencyStandard lot (1.00)Mini lot (0.10)Micro lot (0.01)
🇺🇸 USD5.63 USD0.56 USD0.056 USD
🇪🇺 EUR5.00 EUR0.50 EUR0.050 EUR
🇬🇧 GBP4.24 GBP0.42 GBP0.042 GBP
🇳🇿 NZD10.00 NZD1.00 NZD0.100 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 58 pips a day, a stop loss of 17–35 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 58 pips from high to low each day, about 0.47% of its price. Over the past year the average was 56 pips, and over the last 20 trading days it was 61 pips.

What is the best time to trade AUD/NZD?

In the past year AUD/NZD was most active between 20:00 and 23:00 UTC, and the Asian session produced the largest average range (39 pips). The quietest hour was 19:00 UTC. Tuesday 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 AUD/CHF (correlation 0.47) and most inversely with GBP/AUD (-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 $5.63 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 daily and hourly price history up to 6 October 2026. Hourly figures cover the last 12 months, seasonality the last 9 full years. Data may contain errors and is not a trading recommendation.

Official Telegram channel

Trade ideas, with the reasoning attached.

Our signals go out on Telegram first: entry, stop loss, take profit and the context behind each one. Free to join, leave any time.

Join free on Telegram