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Foreign Exchange Guide to Niue

Read this currency guide to Niue with money transfer and travel tips.   [USD/NZD=1.4977]

 
Niue
Country Code:
NU
Domestic Currency:
New Zealand Dollar
Symbol - Code:
$ NZD
Telephone Prefix:
+683

This is a foreign exchange guide to Niue, the New Zealand Dollar currency plus NZD transfers and travel tips.


In this Niue currency guide we take a look at :

  1. New Zealand Dollar info - general info about the New Zealand Dollar
  2. New Zealand Dollar in the markets - recent NZD moves and predictions from the FX markets
  3. Travelling in Niue - currency & money saving tips
  4. Buying New Zealand Dollar cash online - travel money for Niue
  5. Sending money to Niue - save on New Zealand Dollar bank transfers to Niue
  6. New Zealand Dollar exchange rates - latest & historic exchange rates.
  7. NZD News - the latest New Zealand Dollar related articles from our blog.

New Zealand Dollar (NZD) general currency information


What is the New Zealand Dollar currency code and symbol?

The three letter currency code for the New Zealand Dollar is NZD and the symbol is $.


Which countries use the New Zealand Dollar?

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

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.


New Zealand Dollar (NZD) in the markets

Until the March-27 meeting of the RBNZ, the New Zealand dollar had been among the best performing major currencies of the year. After the RBNZ said in its statement that its next move on interest rates was likely to be a cut, the kiwi weakened to US$0.68, and then in the week that followed to a 7-week low of US$0.674. The kiwi was barely up on the year (+0.7 percent).

At the time of writing, NZD was particularly weak against the pound, at £0.514, and it was trading at a 7-week low against the Aussie dollar, at A$0.953.

Though other central banks also spoke dovishly in March, the RBNZ was the first to say it might go beyond merely maintaining rates and recommence with policy easing.

Post-RBNZ, banks began betting on NZD depreciation.

ANZ said that NZD would be vulnerable against Asian currencies, including the Chinese yuan and Singapore dollar.

For NZD/AUD, the RBNZ surprise is likely to mark the beginning of a move towards more neutral (lower) levels, perhaps as low as A$0.92, Societe Generale said.

The interactive chart below shows the USD to NZD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-NZD 3 Month chart
USD-NZD 3 Month chart
USDNZD currency converter

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.

 
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount NZD($)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
1,400.8 NZD
Compare
1.400806.39%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1,387 NZD
14 NZD
1.4008$107.33%Branch-
Wells Fargo Bank logo
1,372.78 NZD
28 NZD
1.4008$208.27%Branch-
 
Travelex Online US logo
1,368.7 NZD
32 NZD
1.36870^8.54%Online order, Branch pickup, Home delivery2-3 days
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.4008 (6.39% from mid-rate)
NZD amount:1,400.8 NZD
Total Cost:6.39%
Time:0:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→NZD
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:1.3094 (12.5% from mid-rate)
NZD amount:1,387 NZD
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:1.4008 (6.39% from mid-rate)
NZD amount:1,372.78 NZD
Total Cost:8.27%
Time:0:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.3687 (8.54% from mid-rate)
NZD amount:1,368.7 NZD
Total Cost:8.54%
Time:
Rate Fetched: Mon Apr 22 2019 22:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
 

Niue Trip Checklist    

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

Sending money to Niue

When searching around for information on how to get a good exchange rate when sending money to Niue you need to start with finding out the latest New Zealand 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 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 our Send to NZD 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!

 
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive NZD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
14,807 NZD
Best Overall
1.48070^1.06%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
14,500 NZD
307 NZD
1.4526183.11%Online, Branch, Bank Transfers2-3 days
HSBC logo
14,489 NZD
318 NZD
1.4511$153.18%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
14,400 NZD
407 NZD
1.4485153.77%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
14,306 NZD
501 NZD
1.4451$1004.4%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
14,306 NZD
501 NZD
1.4451$1004.4%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.4807 (1.06% from mid-rate)
NZD amount:14,807 NZD
Total Cost:1.06%
Time:
Rate Fetched: Mon Apr 22 2019 22:02:32 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.4526 (2.93% from mid-rate)
NZD amount:14,500 NZD
Total Cost:3.11%
Difference:
307 NZD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:1.4511 (3.03% from mid-rate)
NZD amount:14,489 NZD
Total Cost:3.18%
Difference:
318 NZD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:15
Exchange Rate:1.4422 (3.63% from mid-rate)
NZD amount:14,400 NZD
Total Cost:3.77%
Difference:
407 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.4451 (3.43% from mid-rate)
NZD amount:14,306 NZD
Total Cost:4.4%
Difference:
501 NZD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.4451 (3.43% from mid-rate)
NZD amount:14,306 NZD
Total Cost:4.4%
Difference:
501 NZD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
 

NZD/USD - New Zealand Dollar to United States Dollar - 10 Year History

DateExchange RatePeriodChange
22 Apr 20190.6676Latest
15 Apr 20190.67661 Week-1.33%
23 Mar 20190.68781 Month-2.94%
24 Oct 20180.65106 Months+2.55%
22 Apr 20180.72021 Year-7.3%
22 Apr 20170.70322 Years-5.06%
23 Apr 20140.86115 Years-22.47%
24 Apr 20090.570410 Years+17.04%

NZD/EUR - New Zealand Dollar to Euro - 10 Year History

DateExchange RatePeriodChange
22 Apr 20190.5930Latest
15 Apr 20190.59851 Week-0.92%
23 Mar 20190.60831 Month-2.52%
24 Oct 20180.57116 Months+3.83%
22 Apr 20180.58681 Year+1.06%
22 Apr 20170.65562 Years-9.55%
23 Apr 20140.62315 Years-4.83%
24 Apr 20090.430310 Years+37.81%

NZD/GBP - New Zealand Dollar to British Pound Sterling - 10 Year History

DateExchange RatePeriodChange
22 Apr 20190.5142Latest
15 Apr 20190.51651 Week-0.45%
23 Mar 20190.52061 Month-1.23%
24 Oct 20180.50536 Months+1.76%
22 Apr 20180.51441 Year-0.04%
22 Apr 20170.54902 Years-6.34%
23 Apr 20140.51325 Years+0.19%
24 Apr 20090.389210 Years+32.12%

NZD/JPY - New Zealand Dollar to Japanese Yen - 10 Year History

DateExchange RatePeriodChange
22 Apr 201974.7309Latest
15 Apr 201975.74811 Week-1.34%
23 Mar 201975.60611 Month-1.16%
24 Oct 201872.91346 Months+2.49%
22 Apr 201877.69951 Year-3.82%
22 Apr 201776.70472 Years-2.57%
23 Apr 201488.27155 Years-15.34%
24 Apr 200955.340710 Years+35.04%

NZD/AUD - New Zealand Dollar to Australian Dollar - 10 Year History

DateExchange RatePeriodChange
22 Apr 20190.9360Latest
15 Apr 20190.94321 Week-0.76%
23 Mar 20190.97111 Month-3.61%
24 Oct 20180.92176 Months+1.55%
22 Apr 20180.94041 Year-0.47%
22 Apr 20170.93212 Years+0.42%
23 Apr 20140.92735 Years+0.94%
24 Apr 20090.790910 Years+18.35%

NZD/CAD - New Zealand Dollar to Canadian Dollar - 10 Year History

DateExchange RatePeriodChange
22 Apr 20190.8912Latest
15 Apr 20190.90461 Week-1.48%
23 Mar 20190.92311 Month-3.46%
24 Oct 20180.84946 Months+4.92%
22 Apr 20180.91961 Year-3.09%
22 Apr 20170.94912 Years-6.1%
23 Apr 20140.94975 Years-6.16%
24 Apr 20090.691410 Years+28.9%

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