Pound sterling / New Zealand dollar

The British Pound Sterling (GBP) is the official currency of the United Kingdom and is used as a base currency for international investments and transactions. In the financial markets, the GBP is considered one of the four major currencies and is widely traded against other currencies on the foreign exchange market. Investors use the GBP to speculate on the movements of other currencies and to hedge against currency risks. Additionally, the GBP is used as a benchmark currency against which other currencies are measured. The stability and liquidity of the GBP makes it an attractive option for investors and traders.