The New Zealand Dollar or NZD is one of the major currencies in forex. It is traded against several pairs, but is popularly traded against the US Dollar and Japanese Yen. eToroX, the blockchain and crypto arm of the eToro Group, gives users the opportunity to trade the NZD as a tokenized stablecoin known as NZDX, matched to the value of the NZD with a 1:1 parity exchange value.