Kiwi – Forex Economic Dictionary

Forex Economic Dictionary
Economic Dictionary

Kiwithis is a slang dealer term for the New Zealand dollar (NZD). Its name comes from the New Zealand’s national symbol – a bird that cannot fly, called kiwi. It is pictured on one side of the NZ $1 coin. This is a familiar term among traders, because the country’s currency exchange rate is closely connected to the price or the demand of the agricultural and forestry products. It is not an unusual case to hear a news report to say that the kiwi is up, or down, in the currency trading.

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