Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan
    Flag of Niue

    Currency in Niue

    A practical currency and money guide to travel, living and doing business in Niue and the New Zealand dollar (NZD).


    What currency is used in Niue?

    The official currency of Niue (country code: NU) is the New Zealand dollar, with symbol NZ$ and currency code NZD.

    Things to know about the 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.

    The New Zealand dollar banknotes and coins

    The physical currency consists of coins and banknotes. The coins come in denominations of 10 cents, 20 cents, 50 cents, $1, and $2. The banknotes come in denominations of $5, $10, $20, $50, and $100.

    The banknotes feature images of famous New Zealand historical figures, such as Sir Edmond Hillary, Sir Apirana Ngata, and Kate Sheppard. The design of the currency is constantly being updated, so the physical appearance of the coins and banknotes may vary slightly over time.

    An example New Zealand dollar banknote


    Travel Ideas and Money Tips for Niue

    Describe Niue for travelers and expats

    Niue is a remote, beautifully unspoiled island in the South Pacific. The locals are friendly and welcoming, and there is plenty to see and do, including snorkelling, diving, fishing, and hiking. The island has a warm climate, and the scenery is simply stunning.

    Best things to do and see in Niue

    1. Explore the caves at Limu Pools

    2. Swim with the sharks at Avaiki Cave

    3. Take a dip in the hot springs at Matariki Cave

    4. Take a cruise around the island

    5. Visit the Niue National Museum

    6. Go snorkeling or diving at one of the many reefs

    7. Take a hike to one of the island's many waterfalls

    8. Go fishing off the Niuean coast

    9. Stargaze from one of the island's many dark skies locations

    Top Travel tips for Niue

    1. Drink plenty of water and wear sunscreen, even on cloudy days – the sun is very strong in Niue.

    2. Take your time when driving – the roads can be narrow and windy.

    3. Pay attention to tide times when swimming or snorkelling – the currents can be strong.

    4. Bug spray is a must – there are lots of mosquitoes in Niue.

    5. cards are not widely accepted, so make sure you have enough cash.

    Is it safe in Niue?

    Niue is generally a safe place to travel and live. However, like any other country, there is always a risk of crime and violence. visitors should take precautions to protect themselves, such as carrying a whistle or personal alarm, and remaining aware of their surroundings.

    What is the cost of living in Niue?

    There is no definitive answer to this question as the cost of living in Niue can vary greatly depending on a person's individual lifestyle and needs. In general, however, it is safe to say that the cost of living in Niue is relatively low when compared to other Pacific Island nations. This is due in part to the fact that Niue is a relatively small country with a population of only about 1,500 people. Additionally, Niue does not have its own currency and instead uses the New Zealand dollar, which is pegged to the US dollar.



    Expat Money & Business Guide to Niue

    Managing your money effectively while living and working abroad can be challenging, but there are several steps you can take to ensure that your finances are in order.

    By following these tips and managing your money effectively, you can reduce financial stress and enjoy your experience living or doing business in Niue.

    h3>How is the expat life in Niue?

    The expat life in Niue is very relaxed and laid back. There is a small expat community on the island, but it is very welcoming and friendly. There are plenty of activities to keep you busy, but life is definitely slower paced than in other countries. This is a great place to come if you want to escape the hustle and bustle of city life and just relax.

    Any laws in Niue that foreigners should be aware of?

    The legal system in Niue is based on the English common law system. Foreigners should be aware of local customs and traditions, as well as any laws that may be relevant to their stay on the island.

    What is doing business like in Niue?

    There is limited information on the business environment in Niue, but the World Bank ranks Niue as 181st out of 190 countries in its 2019 Doing Business Report. Some obstacles to doing business in Niue include starting a business, dealing with construction permits, and getting electricity.

    How is the economy in Niue?

    The economy of Niue is small, but reasonably diversified. The mainstay of the economy is the production of stamps and coins, which account for more than half of the government's revenue. Tourism is also a significant contributor to Niue's economy, with about 3,000 visitors annually. Other sources of revenue include remittances from Niueans living abroad, export of tuna products, and agricultural products such as coconuts and yams.

    Managing your finances in Niue

    Here we list some key points for expats and businesses to consider when managing financial dealings in Niue:

    1. Understand New Zealand dollar currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the NZD exchange rate and consider using a currency exchange service or a credit card that does not charge foreign transaction fees to get the best exchange rate.

    2. Use a local New Zealand dollar bank account: A local NZD bank account can make it easier for you to manage your finances and pay bills while you are in Niue. It may also be more convenient to use a local NZD bank account to make purchases and withdraw cash.

    3. Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Niue. This can help you avoid legal issues and ensure that you are complying with local requirements.

    4. Consider the tax implications: It is important to understand the tax implications of living or doing business in Niue. This can help you plan your finances and ensure that you are paying the correct amount of tax.

    5. Seek financial advice: If you are unsure of how to manage your finances in Niue, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.


    NZD/USD – Market Data

    The exchange rate of New Zealand dollar (NZD), or the amount of NZD that can be exchanged for a foreign currency, can fluctuate rapidly based on a number of factors, including economic conditions, interest rates, and political events. Below you can check the latest NZD/USD rate plus recent trend, chart, forecasts and historic rates.

    1 NZD = 0.6205 USD
    Sell NZD  →  Buy USD
    NZD to USD at 0.6205 is 1.5% below its 3-month average of 0.6302, having fluctuated within a 6.7% range of 0.6100-0.6506
      1 USD = 1.6116 NZD
    NZDUSD :

    The New Zealand dollar weakened 20 percent in 2022 versus the US dollar as a result of the risk-off trade encouraged by the Ukraine situation and a hawkish Federal Reserve.

    The Kiwi dollar has been left behind as investors head for safer assets.

    NZD/USD and AUD/USD are correlated and often move in the same direction due to their geographical proximity and their dependence on commodity markets.

    10 Mar 2023
    1.2% 2 Week
    24 Dec 2022
    1.5% 3 Month
    24 Mar 2022
    10.9% 1 Year
    25 Mar 2018
    14.3% 5 Year
    26 Mar 2013
    26.1% 10 Year
    29 Mar 2003
    12.8% 20 Year
    NZD/USD historic rates & change to 24-Mar-2023


    Compare New Zealand dollar Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make an International Money Transfer to Niue or planning a trip or maybe living there, so will need to exchange and spend New Zealand dollar.

    Loading comparison rates...

    ProviderAmountsRateTotal Cost

    It is important to note that the exchange rate of the New Zealand dollar can change rapidly and that past performance is not necessarily indicative of future performance. It is advisable to carefully consider the risks and factors that may affect NZD exchange rates before making any financial decisions.


    The New Zealand dollar is also the domestic currency in 4 other countries.





    Where do you want to Save Sending Money?