1. Exchange Rates
  2. New Zealand dollar (NZD)
  3. United States dollar (USD)

Convert NZD to USD 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 NZD to USD rate, these are :

  1. The NZD/USD 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 New Zealand dollar equals
United States dollar 1=

Right now the NZD/USD market rate is and represents how many United States dollar you can get for one New Zealand dollar. You can calculate with the current mid-rate using our NZD to USD 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 NZD/USD market rate I see on Google or in the Media?

When you look up the current New Zealand dollar to United States 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.

NZD to USD mid-rate on google

NZD to USD mid-rate on google search

Getting a great NZD to USD 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 NZD to USD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific New Zealand dollar cross rates and reviews of leading foreign exchange providers versus the Banks.

NZD to USD mid-rate calculator

1 NZD equals

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

New Zealand dollar - market update

In mid-February, against the US dollar, the New Zealand dollar has once again met significant resistance at 0.744. The kiwi rallied strongly throughout late 2017 and again in January but has now failed at this level for the third time in five months. When last seen, NZD/USD had been pushed back to the high 0.73s.

In recent months, the New Zealand dollar has been stronger than the Australian dollar, with NZD/AUD climbing 5.5% between late October and mid-February to a six-month high of 0.935.

Monetary policy expectations and commodities prices will be important drivers of the New Zealand dollar this year. In February, New Zealand's interest rate was left on hold and the Reserve Bank of New Zealand once again signalled that no increase was forthcoming (none before the middle of 2019). Commodities prices greatly effect the Australian dollar, which in turns pulls on the kiwi.

Forecasts: At the turn of the year, ABN Amro predicted that the New Zealand dollar would end 2018 buying 0.675 US Dollars and 0.9 Australian dollars.

United States dollar - market update

Chief among FX themes in 2017 was the dramatic weakness of the US dollar. Unfortunately for those holding US currency, 2018 has started in much the same way that 2017 ended.

In 2017, the US Dollar Index (DXY) recorded its worst annual performance since 2003, with a decline of nearly 10%. In the first seven weeks of 2018, the index managed to give up a further 4%. A DXY price of 88.62 on February 15th (the time of this report) took the dollar’s value back to 2014 levels. Of special note in early 2018 is USD/JPY, which fell nearly 6% by mid-February.

Importantly, the dollar’s trajectory has recently decoupled from that of US interest rates. Despite US yields climbing steadily in 2018, the dollar has sunk. Explanations for this came in February from Crédit Agricole, whose analyst said that dollar traders “remained uninspired by US economic prospects” and likely held the belief that higher interest rates would bring forward the end of the US’ current expansionary cycle; and from Standard Chartered, whose analyst said that traders were choosing to focus on the US’ ever-widening twin deficits, which were now “pretty nasty.”

“It’s easy to see the weak-dollar story persisting,” said ING in February. The bank has forecast a 15% rise in EUR/USD in 2018, to 1.3.

Entering the new year, analysts had been bearish the dollar. In December, a Societe Generale analyst said that the currency “looked expensive” given the more balanced outlook for global growth, and TD Securities said that the macro landscape favoured a “steady depreciation of the dollar in 2018.”

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