Custom NZD Index L is a synthetic index calculated by using 7 NZD currency pairs:
NZD / USD
NZD / CAD
AUD / NZD
NZD / CHF
NZD / JPY
GBP / NZD
EUR / NZD
Custom NZD Index L reflects absolute value of NZD against 7 major currencies: USD, EUR, JPY, CHF, GBP, AUD and CAD
Custom NZD Index L chart goes up as the absolute value of New Zealand dollar goes up.