1. Exchange Rates
  2. Australian dollar (AUD)
  3. New Zealand dollar (NZD)

Convert AUD to NZD at Best Exchange Rates


There are three amounts that you need to understand if you are to have any chance of getting the best possible AUD to NZD rate, these are :

  1. The AUD/NZD foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 Australian dollar equals
New Zealand dollar 1=


Right now the AUD/NZD market rate is and represents how many New Zealand dollar you can get for one Australian dollar. You can calculate with the current mid-rate using our AUD to NZD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.



Why can't I just get the same AUD/NZD market rate I see on Google or in the Media?

When you look up the current Australian dollar to New Zealand dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

AUD to NZD mid-rate on google

AUD to NZD mid-rate on google search

Getting a great AUD to NZD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below AUD to NZD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Australian dollar cross rates and reviews of leading foreign exchange providers versus the Banks.

AUD to NZD mid-rate calculator

$
$
1 AUD equals
NZD 1AUD=NZD


Compare rates for: Currency Exchange or Foreign Transfers
Loading AUD/NZD Chart

Australian dollar - market update

Against the US dollar, having climbed to a 28-month high above 0.81 in early September, the Australian dollar spent much of the next three months losing value. AUD fell roughly six cents by early December to 0.75 but fortunately was able to piggyback off an impressive year-end rally in commodities. The commodities-sensitive Australian currency rose steadily in the final three weeks of the year along with the price of oil, which breached $60 per barrel for the first time since 2015; copper, which had its best December in three decades; and iron ore, which remains Australia’s largest export and which rose to a 16-week high. AUD/USD ended the year up 8.4%.

In 2018/19, the “Aussie” is set for a double-digit fall to just 68 US cents – a level unseen since 2009 – according to Westpac. In a note to clients in December, Westpac cited the reduced attractiveness of Australian yields as its reason for pessimism. A decade ago the benchmark interest rate in Australia stood 300 basis points above that in the US. Following the Federal Reserve’s December increase in US rates, Australia’s long-held rate premium has now completely evaporated, reducing the attractiveness of AUD.

A lower AUD will please exporters and those at Australia’s central bank. Recent RBA statements have said that the currency’s appreciation in 2017 will “contribute to subdued price pressures in the economy” and will weigh on the “outlook for output and employment.”

Against the New Zealand dollar, AUD fell back from October's high of 1.129 to 1.1 by year-end for a 5.9% gain on the year.

New Zealand dollar - market update

It was a game of two halves for the New Zealand dollar in 2017. The currency gained more than 9% against the US dollar by late July, climbing to rates above 0.755, but had given back 80% of those gains approaching year-end, at rates close to 0.705. The New Zealand dollar struggled in the second half of the year as central banks around the world became far more hawkish than the RBNZ. The result of October’s general election – a win for the Jacinda Ardern led Labour party – also weighed on the “kiwi” later in the year.

ABN Amro are, overall, predicting a relatively stable 2018 for NZD as the RBNZ moves slowly towards monetary tightening, although the Dutch bank’s analysts are expecting the currency to continue to underperform slightly against the currencies of important trading partners.

ABN sees NZD/USD falling in the coming year to 0.675. For NZD/AUD and NZD/EUR, ABN expects 2018 year-end rates of 0.9 and 0.587 respectively, from rates in December ’17 close to 0.91 and 0.595.

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