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The Root Network to New Zealand Dollar (ROOT to NZD)

ROOT to NZD Converter and calculator

ROOT/NZD: 1 ROOT = 0.0003820 NZD. The price of converting 1 The Root Network (ROOT) to New Zealand Dollar (NZD) is 0.0003820 NZD today.
ROOT
ROOT
NZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ROOT to NZD real-time exchange rates, making it easy to convert The Root Network (ROOT) to New Zealand Dollar (NZD). The conversion result is based on real-time data. The conversion result shows that 1 ROOT is currently valued at 0.0003820 NZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ROOT is currently valued at 0.0003820 NZD, which means buying 5 ROOT would cost 0.001910 NZD. Similarly, NZ$1 NZD can be converted to 2,617.63 ROOT, and NZ$50 NZD can be converted to 13,088.14 ROOT, excluding any platform or gas fees.

Convert ROOT to NZD

Convert NZD to ROOT

The Root Network
New Zealand Dollar
1 ROOT
0.0003820  NZD
Exchange 1 ROOT for 0.0003820 NZD
2 ROOT
0.0007641  NZD
Exchange 2 ROOT for 0.0007641 NZD
5 ROOT
0.001910  NZD
Exchange 5 ROOT for 0.001910 NZD
10 ROOT
0.003820  NZD
Exchange 10 ROOT for 0.003820 NZD
20 ROOT
0.007641  NZD
Exchange 20 ROOT for 0.007641 NZD
50 ROOT
0.01910  NZD
Exchange 50 ROOT for 0.01910 NZD
100 ROOT
0.03820  NZD
Exchange 100 ROOT for 0.03820 NZD
200 ROOT
0.07641  NZD
Exchange 200 ROOT for 0.07641 NZD
500 ROOT
0.1910  NZD
Exchange 500 ROOT for 0.1910 NZD
1000 ROOT
0.3820  NZD
Exchange 1000 ROOT for 0.3820 NZD
5000 ROOT
1.91  NZD
Exchange 5000 ROOT for 1.91 NZD
10000 ROOT
3.82  NZD
Exchange 10000 ROOT for 3.82 NZD
In the table above, you'll find a comprehensive ROOT to NZD converter that shows the value of The Root Network in New Zealand Dollar across commonly used conversion amounts. The list covers conversions from 1 ROOT to NZD, all the way up to 10000 ROOT, providing a clear view of their respective values.
New Zealand Dollar
The Root Network
1 NZD
2,617.63 ROOT
Exchange 1 NZD for 2,617.63 ROOT
10 NZD
26,176.28 ROOT
Exchange 10 NZD for 26,176.28 ROOT
50 NZD
130,881.4 ROOT
Exchange 50 NZD for 130,881.4 ROOT
100 NZD
261,762.8 ROOT
Exchange 100 NZD for 261,762.8 ROOT
200 NZD
523,525.6 ROOT
Exchange 200 NZD for 523,525.6 ROOT
500 NZD
1,308,814 ROOT
Exchange 500 NZD for 1,308,814 ROOT
1000 NZD
2,617,628 ROOT
Exchange 1000 NZD for 2,617,628 ROOT
2000 NZD
5,235,255.99 ROOT
Exchange 2000 NZD for 5,235,255.99 ROOT
5000 NZD
13,088,139.98 ROOT
Exchange 5000 NZD for 13,088,139.98 ROOT
10000 NZD
26,176,279.97 ROOT
Exchange 10000 NZD for 26,176,279.97 ROOT
50000 NZD
130,881,399.84 ROOT
Exchange 50000 NZD for 130,881,399.84 ROOT
100000 NZD
261,762,799.69 ROOT
Exchange 100000 NZD for 261,762,799.69 ROOT
In the table above, you'll find a comprehensive NZD to ROOT converter that shows the value of New Zealand Dollar in The Root Network across commonly used conversion amounts. The list covers conversions from 1 NZD to ROOT, all the way up to 100000 NZD, providing a clear view of their respective values.

ROOT to NZD chart

ROOT/NZD: 1 ROOT = 0.0003820 NZD; 2026/01/10 05:39:31
In the past 1D, The Root Network has changed -1.25% to NZD. Based on the trend and price charts, The Root Network(ROOT) has changed -1.25% to NZD while New Zealand Dollar(NZD) has changed % to ROOT in the last 24 hours.
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ROOT to NZD conversion data: Volatility and price changes of in NZD

The highest price in NZD over the past 7 days was 0.0004564 NZD while the lowest price in NZD over the past 7 days was 0.0003751 NZD. The relative change between the highs and lows in price in NZD over the last 7 days indicates a volatility of %. You can view additional volatility data and ROOT to NZD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.0004124 NZD
0.0004564 NZD
0.0005583 NZD
0.004638 NZD
Low
0.0003791 NZD
0.0003751 NZD
0.0003720 NZD
0.0003529 NZD
Average
0 NZD
0 NZD
0 NZD
0 NZD
Volatility
%
%
%
%
Change
-1.25%
-14.17%
-7.27%
-83.05%

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Bitget P2P trading does not currently support direct buying of ROOT with NZD. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT with USDT via Bitget spot market.
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The Root Network information

ROOT to NZD market statistics

ROOT/NZD:
NZ$0.0003820
ROOT 24h volume:
NZ$402,148.32
ROOT market cap:
NZ$1,479,450.73
ROOT circulating supply:
3.87B ROOT

Current ROOT to NZD exchange rate

The Root Network to New Zealand Dollar is falling this week.
The Root Network's current market price is NZ$0.0003820 per ROOT, with a total market cap of NZ$1,479,450.73 NZD based on a circulating supply of 3,872,651,800 ROOT. The trading volume of The Root Network has changed by -21.71% (NZ$-111,488.46 NZD) in the last 24 hours. Last trading day, ROOT's trading volume was NZ$513,636.78.

More info about The Root Network on Bitget

New Zealand Dollar information

About the New Zealand Dollar (NZD)

What Is the New Zealand Dollar (NZD)?

The New Zealand dollar, known as the "Kiwi" or "Kiwi dollar," is the official currency and legal tender of New Zealand, as well as the Cook Islands, Niue, the Ross Dependency, Tokelau, and the British territory of the Pitcairn Islands. It is commonly represented by the dollar sign ($), with the code NZD. Internationally, it's sometimes distinguished from other dollar-denominated currencies by the abbreviations "$NZ" or "NZ$."

The New Zealand Dollar (NZD) is issued by the Reserve Bank of New Zealand, which is the central bank of New Zealand. The Reserve Bank is responsible for maintaining monetary stability in the country, which includes issuing the nation's currency, managing its supply, and implementing monetary policy.

What Is the History of NZD?

The New Zealand dollar was introduced on July 10, 1967, replacing the New Zealand pound, a system that was considered cumbersome by the 1950s. This transition marked a significant change from the £sd system (pound, shillings, pence) to a decimal system, where one dollar was equivalent to 100 cents. The changeover was accompanied by a massive publicity campaign, including the introduction of a cartoon character, "Mr. Dollar."

Notes and Coins of NZD

Initially, the New Zealand dollar had coins in denominations of 1c, 2c, 5c, 10c, 20c, and 50c, and banknotes in $1, $2, $5, $10, $20, and $100. Over time, due to inflation and production costs, the smaller denominations were phased out. The current coin series features distinctive New Zealand symbols and commemorations, including the kiwi bird and indigenous Māori art.

Exchange Rate and International Presence

The NZD was initially pegged to the British pound and the US dollar. However, it has been floating since March 4, 1985, and its value is now determined by the financial markets. The NZD is among the top 10 most traded currencies globally, reflecting New Zealand's significant role in international trade and finance, disproportionate to its size and population.

The value of the NZD has seen considerable fluctuations over the years, influenced by global economic conditions, interest rate differentials, and domestic economic policies. Notably, the NZD experienced a significant drop during the global economic downturn of 2008 but recovered in the following years. The Reserve Bank of New Zealand has occasionally intervened in the currency market to influence the NZD's value.

Is NZD a Stable Currency?

The New Zealand Dollar (NZD), commonly known as the "Kiwi," is generally regarded as a stable currency, underpinned by New Zealand's robust economic fundamentals, including low inflation and consistent growth. However, as a floating currency since 1985, its value is subject to fluctuations influenced by various factors. These include the Reserve Bank of New Zealand's monetary policy decisions, particularly interest rates that can attract foreign investment, and the nation's heavy reliance on agricultural and dairy exports, making it sensitive to global commodity price changes. Additionally, as a smaller, open economy, New Zealand is susceptible to external economic shocks, and in times of global financial uncertainty, the NZD can experience volatility, with investors often favoring 'safe-haven' currencies.

Is the New Zealand Dollar Pegged to the US Dollar?

The New Zealand Dollar (NZD) is not pegged to the US Dollar (USD) but operates under a floating exchange rate system. This shift from a fixed exchange rate system, where it was once pegged to specific currencies including the USD, occurred in 1985. Since then, the value of the NZD is determined by the foreign exchange market, influenced by a range of factors such as New Zealand's economic indicators, interest rate decisions by the Reserve Bank of New Zealand, global market conditions, and the country's trade balance. This floating exchange rate allows the NZD to adjust more dynamically to the changing economic landscape and global financial market fluctuations, without direct intervention from the government or central bank.

Bitget crypto-to-fiat exchange data shows that the most popular The Root Network currency pair is the ROOT to NZD, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NZD.

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How to convert ROOT to NZD

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ROOT to NZD Conversion tables

The exchange rate of The Root Network is decreasing.
The exchange rate of 1 ROOT to New Zealand Dollar has changed by -14.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.25%, reaching a high of 0.0004124 NZD and a low of 0.0003791 NZD . One month ago, the value of 1 ROOT was NZ$0.0004120 NZD , which represents a -7.27% change from its current value. Over the last year, The Root Network has changed by
-NZ$
0.04469NZD
, resulting in a change of -99.15% in its value.
24 hours ago1 month ago1 year ago
Amount 05:39 am today 24 hours ago 24h change
0.5 ROOT
NZ$0.0001910NZ$0.0001934
-1.25%
1 ROOT
NZ$0.0003820NZ$0.0003869
-1.25%
5 ROOT
NZ$0.001910NZ$0.001934
-1.25%
10 ROOT
NZ$0.003820NZ$0.003869
-1.25%
50 ROOT
NZ$0.01910NZ$0.01934
-1.25%
100 ROOT
NZ$0.03820NZ$0.03869
-1.25%
500 ROOT
NZ$0.1910NZ$0.1934
-1.25%
1000 ROOT
NZ$0.3820NZ$0.3869
-1.25%

ROOT to NZD FAQ

How much is 1 The Root Network in NZD?
Right now, the price of 1 The Root Network (ROOT) in New Zealand Dollar (NZD) is NZ$0.0003820.
How much ROOT can I buy for 1 NZD?
Based on the current exchange rate, you can get 2,617.63 ROOT for 1 NZD.
How do I calculate or convert ROOT to NZD?
You can use our ROOT to NZD calculator at the top of this page to convert any amount of ROOT to NZD. We've also included quick-reference tables for the most popular conversions. For example, 5 NZD is equivalent to 13,088.14 ROOT, while 5 ROOT will cost around 0.001910NZD.
What is the highest price of ROOT/NZD in history?
The all-time high price of 1 ROOT in NZD is NZ$0.8117. It remains to be seen if the value of 1 ROOT/NZD will exceed the current all-time high.
What is the price trend of in NZD?
Over the past 7 days, the exchange rate of The Root Network (ROOT) has gone down by 14.17%.   Over the last month, the exchange rate of The Root Network (ROOT) has gone down by 7.27% against New Zealand Dollar (NZD).

What factors influence the conversion rate of ROOT to NZD?

There are many factors that affect the relationship between The Root Network and New Zealand Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ROOT/NZD. When there is positive news in the market about the widespread adoption of ROOT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ROOT/NZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ROOT/NZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ROOT/NZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of The Root Network and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular The Root Network currency pairs: ROOT to US Dollar (USD), ROOT to Euro (EUR), ROOT to Pound Sterling (GBP), ROOT to Canadian Dollar (CAD), ROOT to Indian Rupee (INR), ROOT to Pakistani Rupee (PKR), ROOT to Brazilian Real (BRL), ROOT to…
The price of The Root Network in the US is $0.0002190 USD. Additionally, The Root Network’s price is €0.0001882 EUR in the eurozone, £0.0001634 GBP in the UK, C$0.0003048 CAD in Canada, ₹0.01977 INR in India, ₨0.06133 PKR in Pakistan, R$0.001177 BRL in Brazil, and more.
The most popular The Root Network currency pair is the ROOT to New Zealand Dollar(NZD). The price of 1 The Root Network (ROOT) in New Zealand Dollar (NZD) is NZ$0.0003820.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
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