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 RateGBP/NZD = 2.0482
Telephone Prefix+64

Quick Conversions from Pound Sterling to NZ Dollar

GBP

NZD

£ 1
NZ$ 2.0482
£ 5
NZ$ 10.24
£ 10
NZ$ 20.48
£ 20
NZ$ 40.96
£ 50
NZ$ 102.41
£ 100
NZ$ 204.82
£ 250
NZ$ 512.05
£ 500
NZ$ 1,024
£ 1,000
NZ$ 2,048
£ 2,000
NZ$ 4,096
£ 5,000
NZ$ 10,241
£ 10,000
NZ$ 20,482
£ 50,000
NZ$ 102,410
£ 100,000
NZ$ 204,820
More amounts

GBP

NZD

£ 0.4882
NZ$ 1
£ 2.4410
NZ$ 5
£ 4.8820
NZ$ 10
£ 9.7640
NZ$ 20
£ 24.41
NZ$ 50
£ 48.82
NZ$ 100
£ 122.05
NZ$ 250
£ 244.10
NZ$ 500
£ 488.20
NZ$ 1,000
£ 976.40
NZ$ 2,000
£ 2,441
NZ$ 5,000
£ 4,882
NZ$ 10,000
£ 24,410
NZ$ 50,000
£ 48,820
NZ$ 100,000
More amounts

To calculate specific GBP/NZD amounts use our Convert GBP to NZD quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view GBP 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 £100 Pounds Sterling in NZ Dollars?

£ 100 converts to NZ$ 204.82

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 GBP to NZD exchange rate and trend for the previous 3 months:

ALERT:7-DAY2.1% 🔔|
GBP/NZD at 2.0497 was trading 1.5% above AVG:2.019 with LO:1.9477 and HI:2.0965 (90 days). ALERT: GBP/NZD is DOWN 2.1% this 7-DAY period.
09-APR 7PM-NY 10-APR 12AM-LON 7AM-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 GBPDeal Links
Post Office Money Foreign Currency
Post Office Money logo
NZ$1,966.9
4.18%
Best Overall
1.96690
Citibank Foreign Currency
Citibank logo
NZ$1,931.49
5.9%
NZ$35 less
1.951£10
Travelex Online UK logo
NZ$1,929.8
5.98%
NZ$37 less
1.9298£0^
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
NZ$1,914
6.73%
NZ$53 less
1.9362£10
Lloyds TSB logo
NZ$1,911.89
6.86%
NZ$55 less
1.9312£10
Santander Foreign Currency
Santander logo
NZ$1,911.89
6.86%
NZ$55 less
1.9312£10
Natwest Bank logo
NZ$1,902.23
7.33%
NZ$65 less
1.9312£15
 
Post Office Money: Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:0
Exchange Rate:1.9669 (4.18% from mid-rate)
To Amount (NZD) NZ$1,966.9
Total Cost:4.18%
Time:18:01 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.9510 (4.95% from mid-rate)
To Amount (NZD) NZ$1,931.49
Total Cost:5.9%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Travelex Online UK: Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.9298 (5.98% from mid-rate)
To Amount (NZD) NZ$1,929.8
Total Cost:5.98%
Time:
Rate Fetched: Thu Apr 09 2020 18:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Banks - Average Rate
Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.9312 (5.91% from mid-rate)
To Amount (NZD) NZ$1,914
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 
Lloyds TSB logo
Lloyds TSB: Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.9312 (5.91% from mid-rate)
To Amount (NZD) NZ$1,911.89
Total Cost:6.86%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Santander logo
Santander: Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.9312 (5.91% from mid-rate)
To Amount (NZD) NZ$1,911.89
Total Cost:6.86%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Natwest Bank logo
Natwest Bank: Travel Money GBP→NZD
From Amount (GBP)£1,000
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.9312 (5.91% from mid-rate)
To Amount (NZD) NZ$1,902.23
Total Cost:7.33%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 04/09/2020 - 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. Book Flights
  4. Travel insurance - for those unexpected travel adventures!
  5. 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!

Foreign Transfer Provider Receive NZD(NZ$) Exchange RateFee GBPDeal Links
WorldFirst logo
NZ$10,212
0.5%
Best Overall
2.04230
TorFX logo
NZ$10,133
1.27%
NZ$79 less
2.02660
OFX logo
NZ$10,181
0.8%
NZ$31 less
2.0362£0^
HSBC logo
NZ$9,900.63
3.53%
NZ$311 less
1.9831£7.5
Natwest Bank logo
NZ$9,845.38
4.07%
NZ$367 less
1.97515
Citibank International Money Transfers
Citibank logo
NZ$9,800.42
4.51%
NZ$412 less
1.964812
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
NZ$9,799
4.52%
NZ$413 less
1.965615
Santander International Money Transfers
Santander logo
NZ$9,744.37
5.05%
NZ$468 less
1.956720
Lloyds TSB logo
NZ$9,704.03
5.45%
NZ$508 less
1.948620
 
WorldFirst: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:
Exchange Rate:2.0423 (0.5% from mid-rate)
To Amount (NZD) NZ$10,212
Total Cost:0.5%
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
TorFX: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:
Exchange Rate:2.0266 (1.27% from mid-rate)
To Amount (NZD) NZ$10,133
Total Cost:1.27%
Difference:
NZ$79 NZD less than using WorldFirst
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:2.0362 (0.8% from mid-rate)
To Amount (NZD) NZ$10,181
Total Cost:0.8%
Difference:
NZ$31 NZD less than using WorldFirst
Time:
Rate Fetched: 18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:£7.5 GBP (.15%)
Exchange Rate:1.9831 (3.39% from mid-rate)
To Amount (NZD) NZ$9,900.63
Total Cost:3.53%
Difference:
NZ$311 NZD less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Natwest Bank logo
Natwest Bank: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:15
Exchange Rate:1.9750 (3.78% from mid-rate)
To Amount (NZD) NZ$9,845.38
Total Cost:4.07%
Difference:
NZ$367 NZD less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:12
Exchange Rate:1.9648 (4.28% from mid-rate)
To Amount (NZD) NZ$9,800.42
Total Cost:4.51%
Difference:
NZ$412 NZD less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:15
Exchange Rate:1.9507 (4.96% from mid-rate)
To Amount (NZD) NZ$9,799
Total Cost:4.52%
Difference:
NZ$413 NZD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Santander logo
Santander: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:20
Exchange Rate:1.9567 (4.67% from mid-rate)
To Amount (NZD) NZ$9,744.37
Total Cost:5.05%
Difference:
NZ$468 NZD less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Lloyds TSB logo
Lloyds TSB: Foreign Transfer GBP→NZD
From Amount (GBP)£5,000
Fee:20
Exchange Rate:1.9486 (5.07% from mid-rate)
To Amount (NZD) NZ$9,704.03
Total Cost:5.45%
Difference:
NZ$508 NZD less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 04/09/2020 - View latest rates

NZ Dollar to US Dollar - Historical Rates

PeriodChange*NZD/USDDate
1 Day+1%0.601508 Apr 2020
7 Day+2.7%0.591502 Apr 2020
30 Day-3%0.626410 Mar 2020
3 Month-8.4%0.663610 Jan 2020
1 Year-10.2%0.676710 Apr 2019
5 Year-19.4%0.753411 Apr 2015
10 Year-14.7%0.712412 Apr 2010

*For period to 09-Apr 21UTC when NZD/USD was 0.6076

NZ Dollar to Euro - Historical Rates

PeriodChange*NZD/EURDate
1 Day+0.4%0.553808 Apr 2020
7 Day+1.9%0.545402 Apr 2020
30 Day+0.4%0.553610 Mar 2020
3 Month-6.8%0.596710 Jan 2020
1 Year-7.3%0.600110 Apr 2019
5 Year-21.8%0.710811 Apr 2015
10 Year+6%0.524412 Apr 2010

*For period to 09-Apr 21UTC when NZD/EUR was 0.5560

NZ Dollar to Pound Sterling - 10 Year History

PeriodChange*NZD/GBPDate
1 Day+0.5%0.485408 Apr 2020
7 Day+2.2%0.477302 Apr 2020
30 Day+0.5%0.485310 Mar 2020
3 Month-4%0.507910 Jan 2020
1 Year-5.6%0.516710 Apr 2019
5 Year-5.3%0.514911 Apr 2015
10 Year+5.2%0.463312 Apr 2010

*For period to 09-Apr 21UTC when NZD/GBP was 0.4876

NZ Dollar to Australian Dollar - Historical Rates

PeriodChange*NZD/AUDDate
1 Day-0.6%0.964908 Apr 2020
7 Day-1.7%0.975302 Apr 2020
30 Day-0.6%0.964510 Mar 2020
3 Month-0.3%0.961510 Jan 2020
1 Year+1.5%0.944310 Apr 2019
5 Year-2.2%0.980711 Apr 2015
10 Year+25%0.767212 Apr 2010

*For period to 09-Apr 21UTC when NZD/AUD was 0.9589


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