Do you know that the New Zealand Dollar (NZD) has a fascinating nickname – the "Kiwi"? It’s still commonly referred to as "Kiwi" in the forex and financial world. This nickname has become a widely recognized term among traders, analysts, and enthusiasts when discussing the currency. But why Kiwi?
It's a tale involving a certain bird and let’s find out why!
The Kiwi Bird's Debut:
Imagine the scenic wonders of New Zealand, where a bird called the Kiwi struts its stuff. This flightless friend has won the hearts of the locals with its unique charm.
Now, let's leap into the world of money matters. In the forex market, currencies go by symbols like $ and €. But what about the NZD? Well, there's a fun twist to that story!
A Coincidental Connection:
Back in the day, coins in New Zealand proudly displayed the kiwi bird. And here's where it gets cool: the New Zealand Dollar earned the playful nickname "Kiwi." Why? Because that bird on the coins sparked a clever idea that everyone embraced.
Feathered Friend's Legacy:
So, here's the scoop on why the New Zealand Dollar became the "Kiwi." A bird on the coins led to a fun nickname for the currency. It's like giving your money a cute and catchy identity!
Next time you spot "NZD" on your forex charts, remember that behind those letters lies a bird with a big impact. Just like our own stories, currencies have their tales that add a dash of excitement. Who knew a bird could make currency trading so much more interesting?
- Duration: 1st August 2023 - 31st August 2023
- The 31% rebate will be given in the form of USD$155 cashback in the trading account
- T&C apply
*VC Plus is a true one-stop web platform for you to trade currencies, commodities & more!
No mobile apps are required!
VC Plus platform now offers a Demo account so that all users can familiarize themselves with platform operations and try out different trading strategies before engaging in live trading.
Hurry and click here to open your Demo account now!
Facebook: VC-Plus
Instagram: vc_plus
Created by vcplus | Nov 23, 2023