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FAKT to NZD Converter and calculator

FAKT/NZD: 1 FAKT = 0.0006207 NZD. The price of converting 1 Medifakt (FAKT) to New Zealand Dollar (NZD) is 0.0006207 NZD today.
FAKT
FAKT
NZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FAKT to NZD real-time exchange rates, making it easy to convert Medifakt (FAKT) to New Zealand Dollar (NZD). The conversion result is based on real-time data. The conversion result shows that 1 FAKT is currently valued at 0.0006207 NZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FAKT is currently valued at 0.0006207 NZD, which means buying 5 FAKT would cost 0.003104 NZD. Similarly, NZ$1 NZD can be converted to 1,611.07 FAKT, and NZ$50 NZD can be converted to 8,055.37 FAKT, excluding any platform or gas fees.

Convert FAKT to NZD

Convert NZD to FAKT

Medifakt
New Zealand Dollar
1 FAKT
0.0006207  NZD
10 FAKT
0.006207  NZD
100 FAKT
0.06207  NZD
1000 FAKT
0.6207  NZD
In the table above, you'll find a comprehensive FAKT to NZD converter that shows the value of Medifakt in New Zealand Dollar across commonly used conversion amounts. The list covers conversions from 1 FAKT to NZD, all the way up to 10000 FAKT, providing a clear view of their respective values.
New Zealand Dollar
Medifakt
100 NZD
161,107.44 FAKT
200 NZD
322,214.88 FAKT
1000 NZD
1,611,074.41 FAKT
2000 NZD
3,222,148.81 FAKT
5000 NZD
8,055,372.04 FAKT
10000 NZD
16,110,744.07 FAKT
50000 NZD
80,553,720.35 FAKT
100000 NZD
161,107,440.7 FAKT
In the table above, you'll find a comprehensive NZD to FAKT converter that shows the value of New Zealand Dollar in Medifakt across commonly used conversion amounts. The list covers conversions from 1 NZD to FAKT, all the way up to 100000 NZD, providing a clear view of their respective values.

FAKT to NZD chart

FAKT/NZD: 1 FAKT = 0.0006207 NZD; 2025/06/21 11:11:57
In the past 1D, Medifakt has changed +3.27% to NZD. Based on the trend and price charts, Medifakt(FAKT) has changed +3.27% to NZD while New Zealand Dollar(NZD) has changed % to FAKT in the last 24 hours.
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FAKT to NZD conversion data: Volatility and price changes of Medifakt in NZD

The highest Medifakt price in NZD over the past 7 days was 0.0006858 NZD while the lowest Medifakt price in NZD over the past 7 days was 0.0005880 NZD. The relative change between the highs and lows in Medifakt price in NZD over the last 7 days indicates a volatility of %. You can view additional volatility data and FAKT 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
0.0006400 NZD
0.0006858 NZD
0.001023 NZD
0.001080 NZD
Low
0.0005880 NZD
0.0005880 NZD
0.0005132 NZD
0.0005132 NZD
Average
0 NZD
0 NZD
0 NZD
0 NZD
Volatility
%
%
%
%
Change
+3.27%
+0.05%
-9.48%
-41.21%

Medifakt information

FAKT to NZD market statistics

FAKT/NZD:
NZ$0.0006207
FAKT 24h volume:
NZ$207,718.7
FAKT market cap:
--
FAKT circulating supply:
0 FAKT

Current FAKT to NZD exchange rate

Medifakt to New Zealand Dollar is rising this week.
Medifakt's current market price is NZ$0.0006207 per FAKT, with a total market cap of NZ$0 NZD based on a circulating supply of -- FAKT. The trading volume of Medifakt has changed by -26.19% (NZ$-73,688.81 NZD) in the last 24 hours. Last trading day, FAKT's trading volume was NZ$281,407.51.

More info about Medifakt 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 Medifakt currency pair is the FAKT to NZD, with for Medifakt's currency code being FAKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NZD.

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How to convert FAKT to NZD

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Convert FAKT to NZD
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Buy FAKT (or USDT) for NZD (New Zealand Dollar) offers
Bitget P2P trading does not currently support direct buying of FAKT with NZD. However, you can buy USDT in Bitget P2P trading first, and then buy FAKT with USDT via Bitget spot market.
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FAKT to NZD Conversion tables

The exchange rate of Medifakt is decreasing.
The exchange rate of 1 FAKT to New Zealand Dollar has changed by +0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.27%, reaching a high of 0.0006400 NZD and a low of 0.0005880 NZD . One month ago, the value of 1 FAKT was NZ$0.0006857 NZD , which represents a -9.48% change from its current value. Over the last year, Medifakt has changed by
-NZ$
0.001155NZD
, resulting in a change of -65.06% in its value.
24 hours ago1 month ago1 year ago
Amount 11:11 am today 24 hours ago 24h change
0.5 FAKT
NZ$0.0003104NZ$0.0003005
+3.27%
1 FAKT
NZ$0.0006207NZ$0.0006010
+3.27%
5 FAKT
NZ$0.003104NZ$0.003005
+3.27%
10 FAKT
NZ$0.006207NZ$0.006010
+3.27%
50 FAKT
NZ$0.03104NZ$0.03005
+3.27%
100 FAKT
NZ$0.06207NZ$0.06010
+3.27%
500 FAKT
NZ$0.3104NZ$0.3005
+3.27%
1000 FAKT
NZ$0.6207NZ$0.6010
+3.27%

FAKT to NZD FAQ

How much is 1 Medifakt in NZD?
Right now, the price of 1 Medifakt (FAKT) in New Zealand Dollar (NZD) is NZ$0.0006207.
How much FAKT can I buy for 1 NZD?
Based on the current exchange rate, you can get 1,611.07 FAKT for 1 NZD.
How do I calculate or convert FAKT to NZD?
You can use our FAKT to NZD calculator at the top of this page to convert any amount of FAKT to NZD. We've also included quick-reference tables for the most popular conversions. For example, 5 NZD is equivalent to 8,055.37 FAKT, while 5 FAKT will cost around 0.003104NZD.
What is the highest price of FAKT/NZD in history?
The all-time high price of 1 FAKT in NZD is NZ$0.07452. It remains to be seen if the value of 1 FAKT/NZD will exceed the current all-time high.
What is the price trend of Medifakt in NZD?
Over the past 7 days, the exchange rate of Medifakt (FAKT) has gone up by 0.05%.   Over the last month, the exchange rate of Medifakt (FAKT) has gone down by 9.48% against New Zealand Dollar (NZD).

What factors influence the conversion rate of FAKT to NZD?

There are many factors that affect the relationship between Medifakt 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 FAKT/NZD. When there is positive news in the market about the widespread adoption of FAKT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FAKT/NZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FAKT/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 FAKT/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 Medifakt 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 Medifakt currency pairs: FAKT to US Dollar (USD), FAKT to Euro (EUR), FAKT to Pound Sterling (GBP), FAKT to Canadian Dollar (CAD), FAKT to Indian Rupee (INR), FAKT to Pakistani Rupee (PKR), FAKT to Brazilian Real (BRL), FAKT to…
The price of Medifakt in the US is $0.0003707 USD. Additionally, Medifakt’s price is €0.0003217 EUR in the eurozone, £0.0002755 GBP in the UK, C$0.0005091 CAD in Canada, ₹0.03211 INR in India, ₨0.1053 PKR in Pakistan, R$0.002044 BRL in Brazil, and more.
The most popular Medifakt currency pair is the FAKT to New Zealand Dollar(NZD). The price of 1 Medifakt (FAKT) in New Zealand Dollar (NZD) is NZ$0.0006207.

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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.