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    Niue - New Zealand dollar - Currency Guide

     

    Foreign exchange guide to Niue and the New Zealand dollar (NZD)

         

    USD/NZD Trend (90-day)

    USD to NZD at 1.3949 has fallen 2.2% below its 90-day average, range 1.3949-1.4637.
    |
    7-DAY-3.3%
    90-DAYLOW
     

    The below interactive chart displays the USD/NZD trend and UP DOWN HIGH LOW alerts

     
    USD to NZD Currency Trend Chart

    General Currency Info - New Zealand dollar

    The New Zealand dollar is informally called the ‘kiwi’ by foreign exchange traders and analysts due to the kiwi bird, which is native to New Zealand, being something of a national symbol for the country. The kiwi bird is also depicted on New Zealand’s one-dollar coin.

    Although the New Zealand dollar is considered one of the eight FX ‘majors’, it is actually only the world’s eleventh most traded currency. Further to the other seven majors – the US dollar, euro, yen, pound, Australian dollar, Canadian dollar and Swiss franc – the New Zealand dollar also falls behind the Mexican peso, the Chinese yuan and the Swedish krona in its share of the foreign exchange market (around 2%). The currencies of China and Mexico are not considered majors due to their emerging market status, while the krona’s market share has only exceeded that of the New Zealand dollar fairly recently (in 2016, according to the Bank for International Settlements) and is therefore not yet considered ahead of New Zealand’s currency.

    In the past two decades, the New Zealand dollar’s lowest value against the US dollar occurred in October 2000 when the NZD/USD exchange rate traded at just 0.3901. The currency’s two-decade high occurred in August 2011 when NZD/USD reached 0.8842.

    Among the majors, the New Zealand dollar is considered a riskier currency, which means that its value will fall against the larger majors (especially JPY, USD, CHF, GBP and EUR) during periods of economic uncertainty or when global geopolitical risk is elevated, or during bouts of high market volatility.

       

    NZD Forecasts and Trends

    In mid-October the NZ dollar surged to US71¢ on the news from Statistics NZ that quarterly CPI rose 2.2 per cent and annual inflation accelerated to 4.9 per cent. The uptick in the NZD comes from expectations the RBNZ may raise interest rates more than and sooner than expected.

    NZD Outlook

    US dollar to New Zealand dollar - Historical Rates

    USD/NZD wasChangePeriod
    1.4378
    05 Oct 2021
    2.7% 2 Weeks
    1.4369
    21 Jul 2021
    2.7% 90 Days
    1.5169
    19 Oct 2020
    7.8% 1 Year
    1.3907
    20 Oct 2016
    0.6% 5 Years
    1.2495
    22 Oct 2011
    11.9% 10 Years
    2.3923
    24 Oct 2001
    41.5% 20 Years
    USD/NZD change over periods to 19-Oct-2021
     

    $10,000 USD
    =
    NZ$13,950 NZD

    Converted at USD/NZD interbank rate, compare Send Money and Currency Exchange exchange rates.

    USD to NZD - Quick Amounts

    Sell USD   →   Buy NZD
    USD NZD
    $ 1 NZ$ 1.3950
    $ 5 NZ$ 6.9750
    $ 10 NZ$ 13.95
    $ 20 NZ$ 27.90
    $ 50 NZ$ 69.75
    $ 100 NZ$ 139.50
    $ 250 NZ$ 348.75
    $ 500 NZ$ 697.50
    $ 1,000 NZ$ 1,395
    $ 2,000 NZ$ 2,790
    $ 5,000 NZ$ 6,975
    $ 10,000 NZ$ 13,950
    $ 20,000 NZ$ 27,900
    $ 50,000 NZ$ 69,750
    $ 100,000 NZ$ 139,500
    USD NZD
    $ 0.7168 NZ$ 1
    $ 3.5840 NZ$ 5
    $ 7.1680 NZ$ 10
    $ 14.34 NZ$ 20
    $ 35.84 NZ$ 50
    $ 71.68 NZ$ 100
    $ 179.20 NZ$ 250
    $ 358.40 NZ$ 500
    $ 716.80 NZ$ 1,000
    $ 1,434 NZ$ 2,000
    $ 3,584 NZ$ 5,000
    $ 7,168 NZ$ 10,000
    $ 14,336 NZ$ 20,000
    $ 35,840 NZ$ 50,000
    $ 71,680 NZ$ 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Niue?

    The domestic currency in Niue is the New Zealand dollar.

    What is the New Zealand dollar currency code and symbol?

    The three letter currency code for the New Zealand dollar is NZD — symbol is NZ$.

    Which countries use the New Zealand dollar?

    It is the domestic currency in    New Zealand,   Cook Islands,   Niue,   Pitcairn and Tokelau.

    Is the New Zealand dollar a closed currency?

    No, the New Zealand dollar is freely available and convertible. See guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Niue

    Travel money for Niue

    Save money and time by Ordering your New Zealand dollar online from Travelex, you get better rates and can pick up the NZD cash locally or even on travel day at the airport.

    Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

    For card purchases if offered a choice of currencies always select to Pay in New Zealand dollar otherwise you may get much worst exchange rates.

     

    Send Money to Niue - Best Rates

    To get a good (and fair) exchange rate when sending money to Niue you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to Niue

    When sending money to Niue it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or New Zealand dollar amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted NZD amount will be transfered to the recipient account you specify in Niue.

    Use the above Send to New Zealand dollar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more New Zealand dollar deposited into the recipient bank account and less margins and fees kept by the banks!


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