New Zealand - NZ Dollar - Currency Guide

This is a currency guide to New Zealand, the NZ Dollar currency plus sending (NZD) transfers and travel tips for New Zealand.

 
 
CountryNew Zealand
FlagNew Zealand
Country CodeNZ
Domestic Currency NZ Dollar
Currency SymbolNZ$
Currency CodeNZD
Exchange RateUSD/NZD = 1.7068
Telephone Prefix+64

Quick Conversions from US Dollar to NZ Dollar

USD

NZD

U$ 1
NZ$ 1.7068
U$ 5
NZ$ 8.5340
U$ 10
NZ$ 17.07
U$ 20
NZ$ 34.14
U$ 50
NZ$ 85.34
U$ 100
NZ$ 170.68
U$ 250
NZ$ 426.70
U$ 500
NZ$ 853.40
U$ 1,000
NZ$ 1,707
U$ 2,000
NZ$ 3,414
U$ 5,000
NZ$ 8,534
U$ 10,000
NZ$ 17,068
U$ 50,000
NZ$ 85,340
U$ 100,000
NZ$ 170,680
More amounts

USD

NZD

U$ 0.5859
NZ$ 1
U$ 2.9295
NZ$ 5
U$ 5.8590
NZ$ 10
U$ 11.72
NZ$ 20
U$ 29.30
NZ$ 50
U$ 58.59
NZ$ 100
U$ 146.48
NZ$ 250
U$ 292.95
NZ$ 500
U$ 585.90
NZ$ 1,000
U$ 1,172
NZ$ 2,000
U$ 2,930
NZ$ 5,000
U$ 5,859
NZ$ 10,000
U$ 29,295
NZ$ 50,000
U$ 58,590
NZ$ 100,000
More amounts

To calculate specific USD/NZD amounts use our Convert USD to NZD quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view USD to NZD Rate Guide.

New Zealand Currency Info

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.


Frequently Asked Questions


What currency should I use in New Zealand?

The domestic currency in New Zealand is the NZ Dollar.

What is the NZ Dollar currency code and symbol?

The three letter currency code for the NZ Dollar is NZD — symbol is NZ$.

How much is U$100 US Dollars in NZ Dollars?

U$ 100 converts to NZ$ 170.68

Which countries use the NZ Dollar?

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

Is the NZ Dollar a closed currency?

No, the NZ Dollar is freely available and convertible. See guide: What is a closed currency?


NZ Dollar (NZD) in the markets

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Kiwi had made coming into the New Year.

In December the New Zealand dollar has climbed back to US$0.66 it's highest value since July.

Against the Australian dollar, jumped to A$0.96 after being as low as A$0.92 in early November before starting a strong recovery upto current levels above A$0.95.

Robbing New Zealand's currency of better gains in 2019 have been reduced risk appetite spurred on by an escalation in the US-China trade standoff, and high correlations with other weak currencies, including the Australian dollar and yuan.

For more details read the full article NZ Dollar Forecasts.

The interactive chart below shows the USD to NZD exchange rate and trend for the previous 3 months:

ALERT:4-DAY2.6% 🔔|
USD/NZD at 1.7068 was trading 8.3% above AVG:1.5761 with LO:1.4855 and HI:1.7626 (90 days). ALERT: USD/NZD is UP 2.6% this 4-DAY period.
03-APR 6PM-NY 11PM-LON 04-APR 6AM-HK 9AM-SYD
Booking.com

Travel, Currency and Money saving tips for New Zealand

New Zealand is a popular destination and is inexpensive and offers a lot of ways to save money. The locals are friendly and helpful. Getting around by bus is also fairly cheap, however eating out can be expensive so budget travelers may want to learn to cook. Getting around with flights is also fairly expensive as there is not much competition among airlines.

Credit cards are accepted across the country and ATMs are frequently available in cities and towns, though some of New Zealand's highlights are in its beautiful countryside. If you prefer not to carry your main credit card on you at all times a Prepaid Travel Card can be useful to purchase before arrival.

 

Travel money for New Zealand

Save money and time by Ordering your NZ Dollars 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 NZ Dollars otherwise you may get much worst exchange rates.

 
Travel Money Provider Amount NZD(NZ$) Exchange RateFee USDDeal Links
Travelex Online US logo
NZ$1,528.1
10.47%
Best Overall
1.52810^
U.S. Bank Foreign Currency
U.S. Bank logo
NZ$1,482.3
13.15%
NZ$46 less
1.48230
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
NZ$1,467
14.02%
NZ$61 less
1.4823U$10
Wells Fargo Bank logo
NZ$1,452.65
14.89%
NZ$75 less
1.4823U$20
 
Travelex Online US logo
Travelex Online US: Travel Money USD→NZD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.5281 (10.47% from mid-rate)
To Amount (NZD) NZ$1,528.1
Total Cost:10.47%
Time:
Rate Fetched: Sat Apr 04 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Travel Money USD→NZD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.4823 (13.15% from mid-rate)
To Amount (NZD) NZ$1,482.3
Total Cost:13.15%
Time:6:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→NZD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.4935 (12.5% from mid-rate)
To Amount (NZD) NZ$1,467
Total Cost:14.02%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→NZD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.4823 (13.15% from mid-rate)
To Amount (NZD) NZ$1,452.65
Total Cost:14.89%
Time:6:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 04/04/2020 - View latest rates

New Zealand Trip Checklist    

 
  1. Compare NZD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in New Zealand
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to New Zealand

When searching around for information on how to get a good exchange rate when sending money to New Zealand you need to start with finding out the latest NZ Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to New Zealand

When sending money to New Zealand 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 NZ 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 New Zealand.

Use our Send to NZ Dollars 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 NZ Dollars deposited into the recipient bank account and less margins and fees kept by the banks!

  

USD to NZD International Money Transfers

  

Foreign Transfer Provider Receive NZD(NZ$) Exchange RateFee USDDeal Links
OFX logo
NZ$16,931
0.8%
Best Overall
1.69310^
XE logo
NZ$16,855
1.25%
NZ$76 less
1.68550
Wells Fargo Bank logo
NZ$16,346
4.23%
NZ$585 less
1.637518
HSBC logo
NZ$16,333
4.31%
NZ$598 less
1.6358U$15
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
NZ$16,234
4.89%
NZ$697 less
1.632915
Bank of America International Money Transfers
Bank of America logo
NZ$16,128
5.51%
NZ$803 less
1.6291U$100
U.S. Bank International Money Transfers
U.S. Bank logo
NZ$16,128
5.51%
NZ$803 less
1.6291U$100
 
OFX logo
OFX: Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.6931 (0.8% from mid-rate)
To Amount (NZD) NZ$16,931
Total Cost:0.8%
Time:
Rate Fetched: 6:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:
Exchange Rate:1.6855 (1.25% from mid-rate)
To Amount (NZD) NZ$16,855
Total Cost:1.25%
Difference:
NZ$76 NZD less than using OFX
Time:6:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:18
Exchange Rate:1.6375 (4.06% from mid-rate)
To Amount (NZD) NZ$16,346
Total Cost:4.23%
Difference:
NZ$585 NZD less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:1.6358 (4.16% from mid-rate)
To Amount (NZD) NZ$16,333
Total Cost:4.31%
Difference:
NZ$598 NZD less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:15
Exchange Rate:1.6258 (4.75% from mid-rate)
To Amount (NZD) NZ$16,234
Total Cost:4.89%
Difference:
NZ$697 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:1.6291 (4.55% from mid-rate)
To Amount (NZD) NZ$16,128
Total Cost:5.51%
Difference:
NZ$803 NZD less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→NZD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:1.6291 (4.55% from mid-rate)
To Amount (NZD) NZ$16,128
Total Cost:5.51%
Difference:
NZ$803 NZD less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/04/2020 - View latest rates

NZ Dollar to US Dollar - Historical Rates

PeriodChange*NZD/USDDate
1 Day-0.9%0.591502 Apr 2020
7 Day-3%0.604027 Mar 2020
30 Day-7%0.630104 Mar 2020
3 Month-12.1%0.666404 Jan 2020
1 Year-13.3%0.675604 Apr 2019
5 Year-22.8%0.759405 Apr 2015
10 Year-16.5%0.701706 Apr 2010

*For period to 03-Apr 21UTC when NZD/USD was 0.5859

NZ Dollar to Euro - Historical Rates

PeriodChange*NZD/EURDate
1 Day-0.6%0.545402 Apr 2020
7 Day+0.3%0.540927 Mar 2020
30 Day-4.1%0.565704 Mar 2020
3 Month-9.2%0.597204 Jan 2020
1 Year-9.9%0.601904 Apr 2019
5 Year-21.5%0.690605 Apr 2015
10 Year+3.5%0.524006 Apr 2010

*For period to 03-Apr 21UTC when NZD/EUR was 0.5423

NZ Dollar to Pound Sterling - 10 Year History

PeriodChange*NZD/GBPDate
1 Day+0.1%0.477302 Apr 2020
7 Day-1.5%0.484927 Mar 2020
30 Day-2.4%0.489504 Mar 2020
3 Month-6.3%0.509504 Jan 2020
1 Year-7.6%0.516804 Apr 2019
5 Year-6.2%0.509105 Apr 2015
10 Year+3.6%0.460906 Apr 2010

*For period to 03-Apr 21UTC when NZD/GBP was 0.4776

NZ Dollar to Australian Dollar - Historical Rates

PeriodChange*NZD/AUDDate
1 Day+0.2%0.975302 Apr 2020
7 Day-0.3%0.979727 Mar 2020
30 Day+2.8%0.950504 Mar 2020
3 Month+1.9%0.958904 Jan 2020
1 Year+2.8%0.950404 Apr 2019
5 Year-1.8%0.995405 Apr 2015
10 Year+28.9%0.758406 Apr 2010

*For period to 03-Apr 21UTC when NZD/AUD was 0.9772


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