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Correlation
of values
+94%
In sync
of periods
78%
History
daysdays · through 2026-07-02
13,901
These move in the same direction about 78% of the time
When one swings, the other almost always swings by a closely matched amount (~88% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
78%
Headline metric
Movement correlation(i)
+94%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
13,901 paired data points survived the daily window.
Raw input
13,910
13,901
Normalized
13,910
13,901
Prepared
13,910
13,901
Aligned
13,901
13,901
Invalid removed
Likely range
R²(i)
88%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
13,901
Deep
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+94%
No shift — both series at their actual dates.
13,901 overlapping points at this shift
Baseline
+94%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+94%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
9
A: 9 / B: 0
Series A
AUD/USD Exchange Rate
DEXUSAL
FRED · 13,910 raw → 13,910 prepared
Series B
NZD/USD Exchange Rate
DEXUSNZ
FRED · 13,901 raw → 13,901 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
181
Estimated crossover points between normalized spreads.
Slope
0.9435
Linear regression slope.
Intercept
-0.0716
Linear regression intercept.
Saved 3 months ago · ID: fred-dexusal_fred-dexusnz_daily_5y