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  1. #1
    Speedy Az winner69's Avatar
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    NZD and AUD (v USD) valued about right at the moment according to The Economst

    Ready for a dive? Of course not, Just that most read the wrong headlines,the ones they want to believe

    http://www.economist.com/content/big-mac-index

  2. #2
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    Quote Originally Posted by winner69 View Post
    NZD and AUD (v USD) valued about right at the moment according to The Economst

    Ready for a dive? Of course not, Just that most read the wrong headlines,the ones they want to believe

    http://www.economist.com/content/big-mac-index
    Seems to be correct according to the chart below...Doesn't look overvalued to me either ...You could say it was overvalued in 2012 with the big gap between TOT and RTWI (see chart)...The only crossovers occurred during recessions....we are in a boom so the gap seems rather narrow historically-wise...maybe I could argue the NZ$ was slightly undervalued in June 2014.
    Ref: Reserve Bank Bulletin June 2014 ...link is found on this page


  3. #3
    Advanced Member Valuegrowth's Avatar
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    For me it is overvalued by more than 40% against USD. As I said before fall of NZD is imminent.

    http://www.nzherald.co.nz/business/n...ectid=11300391

    NZ dollar slips as Key says kiwi over-valued

    http://www.nzherald.co.nz/business/n...ectid=11229779

    IMF says kiwi dollar overvalued

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