This NZD/USD rate is the lowest it's been since 31 May 2010 - when it touched 67c before rising sharply. Yes, we rely a lot on dairy, and since the EU took off it's production quotas three months ago, global prices have been sliding, but our economy is not in the doldrums and IMO in better shape than it was back in 2010.
The GBP/NZD this week rose to 2.329 which is the highest it's been since Sept 2009...and it's about to test (bounce-off?) a price close to that again this morning. Support the kiwi...and reap the rewards.
Discl: now long.