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Key Facts

Page
M2
Section
API Data Docs
Canonical URL
https://fxmacrodata.com/api-data-docs/nzd/m2
Source
RBNZ
Last Updated
2016-12-31

Provenance And Trust

Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.

What Changed

Latest change vs prior release: 3087.0000 (2.21%)

Quick Q&A

What is this page about? This page explains M2 with directly usable context for trading, research, and API workflows.

What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.

How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.

Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.

Prompt Packs

Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.

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M2 Money Supply (NZD)

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Latest reading: 143072.0 NZD millions · Last updated: · Source: RBNZ

Category: Money & Credit

API Endpoint

/api/v1/announcements/nzd/m2

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare M2 Money Supply across all supported currencies →

Optional Indicator Availability (NZD)

Optional indicators use per-currency fetcher capability checks and may be temporarily hidden while source coverage is being remediated.

foreign_reserves
Available
cb_assets
Available
inflation_mom
Unavailable Not implemented on this currency fetcher yet.

About M2 Money Supply (NZD)

M2 money supply for New Zealand adds savings accounts, money market funds, and small time deposits to M1, providing a broader measure of the money stock. It is the most commonly referenced broad money aggregate in policy analysis.

Why FX traders watch it

M2 growth is a key input to monetarist models of inflation. The Reserve Bank of New Zealand monitors M2 to assess the pace of credit creation and liquidity in the economy. Rapid M2 expansion can be a precursor to inflation.

How to interpret the data

Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish Reserve Bank of New Zealand stance, which is nzd-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.

Historical M2 Money Supply (NZD)

Source: RBNZ  ·  Monthly  ·  NZD millions

Data provided by FXMacroData via the /api/v1/announcements/nzd/m2 endpoint. For access, see pricing.

Data Source

Primary Source

RBNZ

Official Series ID

hc50.xlsx (M2 derived)

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

NZD millions

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "NZD",
    "indicator": "m2",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve M2 Money Supply data for NZD from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/nzd/m2?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is New Zealand M2 Money Supply updated?
M2 Money Supply for New Zealand is released on a monthly schedule by Reserve Bank of New Zealand (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is M2 Money Supply reported in?
The series is published in NZD millions. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source New Zealand M2 Money Supply data?
Data is fetched directly from Reserve Bank of New Zealand or the official national statistics publication for New Zealand. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query M2 Money Supply for New Zealand via the API?
Issue a GET request to /api/v1/announcements/nzd/m2?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.

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