New Zealand interest rate


New Zealand interest rate closed down 5.5 as of July 10, 2024 from 5.5 from the previous day, 5.5 last week and 3 last month.

New Zealand interest rate Analytics & Data





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New Zealand interest rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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New Zealand interest rate Historical Data

DateClose
2024-07-10 5.5
2024-05-22 5.5
2024-04-10 5.5
2024-03-31 5.5
2024-02-28 5.5
2024-01-31 5.5
2023-12-31 5.5
2023-11-29 5.5
2023-10-04 5.5
2023-08-16 5.5
2023-07-12 5.5
2023-06-30 5.5
2023-05-24 5.5
2023-04-05 5.25
2023-03-31 4.75
2023-02-22 4.75
2023-01-31 4.25
2022-12-31 4.25
2022-11-23 4.25
2022-10-05 3.5
2022-09-30 3
2022-08-17 3
2022-07-13 2.5
2022-05-25 2
2022-04-13 1.5
2022-03-31 1
2022-02-23 1
2021-12-31 0.75
2021-11-24 0.75
2021-10-06 0.5
2021-09-30 0.25
2021-08-18 0.25
2021-07-14 0.25
2021-06-30 0.25
2021-05-26 0.25
2021-04-14 0.25
2021-03-31 0.25
2021-02-24 0.25
2021-01-31 0.25
2020-12-31 0.25
2020-11-11 0.25
2020-10-31 0.25
2020-09-30 0.25
2020-09-23 0.25
2020-08-12 0.25
2020-07-31 0.25
2020-06-30 0.25
2020-06-24 0.25
2020-05-13 0.25
2020-04-30 0.25
2020-03-16 0.25
2020-02-12 1
2020-01-31 1
2019-12-31 1
2019-11-13 1
2019-10-31 1
2019-09-25 1
2019-08-07 1
2019-07-31 1.5
2019-06-26 1.5

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New Zealand interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
New Zealand interest ratenz.interestrate0000

New Zealand interest rate Factors

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New Zealand interest rate Historical Data

The MacroVar database offers free access to historical data for the New Zealand interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand interest rate

The interest rate in New Zealand refers to the percentage at which banks and financial institutions charge borrowers for loans or pay depositors for their savings. The Reserve Bank of New Zealand sets the official cash rate, which influences the interest rates across the country. A lower interest rate encourages borrowing and spending, which can stimulate economic growth but may also lead to inflation. Conversely, a higher interest rate discourages borrowing and spending, which can help control inflation but may also slow economic growth. The interest rate in New Zealand is an important factor in the overall health and stability of the economy.