Today's NZD to XOF Price Update

Summary

This report provides the real-time exchange rate between the New Zealand Dollar (NZD) and the West African CFA franc (XOF), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The New Zealand Dollar (NZD) is a major fiat currency representing the economy of New Zealand, while the West African CFA franc (XOF) serves as the currency for several West African nations. The exchange rate between them reflects market sentiment toward the NZD’s strength relative to regional African currency valuations.

Today’s Price

• 1 NZD = 324.85 XOF (as of 2025-12-24 22:00:03)
• 24h High: 325.40 XOF
• 24h Low: 324.48 XOF

Market Analysis

The NZD/XOF pair is currently exhibiting bearish technical signals based on multiple indicators:

• Technical indicators: The 50-day moving average stands at 324.94, suggesting a Sell signal. The 14-day Relative Strength Index (RSI) is at 37.81, indicating oversold conditions and a Sell rating. Overall technical sentiment is rated as Strong Sell.
• Risk note: The pair’s proximity to its 24-hour low suggests continued downward pressure in the near term.
• Trading opportunities: Monitor for potential support consolidation near the 324.48 level; traders may consider short positions while the pair remains below the 50-day moving average.

Conclusion

Continue to monitor the NZD/XOF pair closely. Given the current Strong Sell rating and bearish technical setup, traders should remain cautious and focus on downside opportunities while respecting key support levels. Combine technical indicators with broader market sentiment for optimal trade execution.