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A Safe 5% in a month NZ dollar to USD

nzd-usd-october-chart

Recently I discussed with friends and family the value of the New Zealand when it was 74 cents to the US dollar. On my suggestion a few people converted NZ dollars into US dollars at around 74 cents as shown on my chart and custom software.

We can now see the NZ dollar has fallen nearly 5% in about a month.

To take advantage it is simply a case of exchanging your equity at a company like www.hifx.co.nz and depositing your funds in a NZ foreign currency bank account and changing it back and making a very safe 5% in a month or so because you are not using any leverage.

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