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Foreign Exchange Guide to Niue

Read this currency guide to Niue with money transfer and travel tips.   [USD/NZD=1.4711]

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

In the weeks leading up to this report (15-Nov-18), the New Zealand dollar was among the best performing global currencies, helped by easing trade tensions between the US and China.

At 68.4 US cents, it remained down 8 percent on 2018 highs. The kiwi struck a 2-1/2-year low in October of just 64.25 cents. After falling to 55.77 euro cents, NZD recovered by the time of this report to buy 60 euro cents — a 10-month high.

Inaction on interest rates from the RBNZ has lended itself to lower NZD exchange rates throughout 2018 but this will likely change in the coming year. The inevitability of higher New Zealand interest rates should become a central narrative in mid-2019. Higher interest rates would add strong support to the kiwi, certainly relative to the currencies of the US, which has already normalized policy a great deal, and of Europe and the UK — these being areas that are likely to see lower interest rates for longer due to uncertainties surrounding Brexit.

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.

 

Compare USD to NZD Travel Money Exchange Rates vs the Banks

ProvidersAmount NZD($)Exchange RateFee USDTotal CostCurrency ServicesDelivery SpeedReviewsDeal Links
Wells Fargo Bank logo
1,377.29 NZD
Top Provider
1.4054$206.38%Branch pickupn/a
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1377.15 NZD
NZD0.14 less
1.3912$106.39%Branch pickupn/a
U.S. Bank
U.S. Bank logo
1,377 NZD
NZD0.29 less
1.37706.4%Branch pickupn/a
Travelex Online US logo
1,345.7 NZD
NZD32 less
1.34570^8.52%Online order, Home delivery2-3 days
 
Wells Fargo Bank: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:1.4054 (4.47% from mid-rate)
NZD amount:1,377.29 NZD
Total Cost:6.38%
Time:12:07 Local
Delivery Speed:n/a
Currency Services:Branch pickup
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo

Travel Money USD→NZD
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:1.2872 (12.5% from mid-rate)
NZD amount:1377.15 NZD
Total Cost:6.39%
Delivery Speed:n/a
Currency Services:Branch pickup
U.S. Bank: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.3770 (6.4% from mid-rate)
NZD amount:1,377 NZD
Total Cost:6.4%
Time:12:07 Local
Delivery Speed:n/a
Currency Services:Branch pickup
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:1.3457 (8.52% from mid-rate)
NZD amount:1,345.7 NZD
Total Cost:8.52%
Time:
Rate Fetched: Sat Dec 15 2018 10:15:04 GMT+0000 (UTC)
Delivery Speed:2-3 days
Currency Services:Online order, Home delivery
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/15/2018.
Total Cost = Fee + exchange rate margin vs USD/NZD mid-rate: 1.4711
 

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!

 

Compare USD to NZD Foreign Transfers vs the Banks

ProvidersAmount NZD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedReviewsDeal Links
OFX logo
14,486 NZD
Top Provider
1.44860^1.53%Online, Bank Transfers1-2 days
 
WorldFirst logo
14,652 NZD
NZD166 more
1.465200.4%Online, Bank Transfers1-2 days
 
Wells Fargo Bank logo
14,185 NZD
NZD301 less
1.4211183.58%Online, Branch, Bank Transfers2-3 days
HSBC logo
14,175 NZD
NZD311 less
1.4196$153.64%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
14,088.5 NZD
NZD397 less
1.4171154.23%Online, Branch, Bank Transfers2-3 days
Bank of America
Bank of America logo
13,997 NZD
NZD489 less
1.4138$1004.85%Online, Branch, Bank Transfers2-3 days
U.S. Bank
U.S. Bank logo
13,997 NZD
NZD489 less
1.4138$1004.85%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:1.4486 (1.53% from mid-rate)
NZD amount:14,486 NZD
Total Cost:1.53%
Time:
Rate Fetched: Sat Dec 15 2018 10:02:35 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Online, Bank Transfers
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:
Exchange Rate:1.4652 (0.4% from mid-rate)
NZD amount:14,652 NZD
Total Cost:0.4%
Difference:
NZD166 NZD more than using OFX
Time:12:07 Local
Transfer Speed:1-2 days
Services:Online, Bank Transfers
Rating:
 
: 4.6/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.4211 (3.4% from mid-rate)
NZD amount:14,185 NZD
Total Cost:3.58%
Difference:
NZD301 NZD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:1.4196 (3.5% from mid-rate)
NZD amount:14,175 NZD
Total Cost:3.64%
Difference:
NZD311 NZD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:15
Exchange Rate:1.4109 (4.09% from mid-rate)
NZD amount:14,088.5 NZD
Total Cost:4.23%
Difference:
NZD397 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.4138 (3.9% from mid-rate)
NZD amount:13,997 NZD
Total Cost:4.85%
Difference:
NZD489 NZD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.4138 (3.9% from mid-rate)
NZD amount:13,997 NZD
Total Cost:4.85%
Difference:
NZD489 NZD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Rates @ 12/15/2018.
Total Cost = Fee + exchange rate margin vs USD/NZD mid-rate: 1.4711
 

Popular NZD cross rates


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

DateExchange RatePeriodChange
15 Dec 20180.6798Latest
08 Dec 20180.68711 Week-1.06%
15 Nov 20180.68251 Month-0.4%
18 Jun 20180.69316 Months-1.92%
15 Dec 20170.69911 Year-2.76%
15 Dec 20160.70462 Years-3.52%
16 Dec 20130.82575 Years-17.67%
17 Dec 20080.586010 Years+16.01%

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

DateExchange RatePeriodChange
15 Dec 20180.6011Latest
08 Dec 20180.60351 Week-0.4%
15 Nov 20180.60261 Month-0.25%
18 Jun 20180.59596 Months+0.87%
15 Dec 20170.59461 Year+1.09%
15 Dec 20160.67622 Years-11.11%
16 Dec 20130.60005 Years+0.18%
17 Dec 20080.409310 Years+46.86%

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

DateExchange RatePeriodChange
15 Dec 20180.5400Latest
08 Dec 20180.53971 Week+0.06%
15 Nov 20180.53461 Month+1.01%
18 Jun 20180.52286 Months+3.29%
15 Dec 20170.52471 Year+2.92%
15 Dec 20160.56712 Years-4.78%
16 Dec 20130.50665 Years+6.59%
17 Dec 20080.380410 Years+41.96%

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

DateExchange RatePeriodChange
15 Dec 201877.1122Latest
08 Dec 201877.45891 Week-0.45%
15 Nov 201877.50391 Month-0.51%
18 Jun 201876.33286 Months+1.02%
15 Dec 201778.70331 Year-2.02%
15 Dec 201682.89092 Years-6.97%
16 Dec 201385.12665 Years-9.41%
17 Dec 200851.549710 Years+49.59%

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

DateExchange RatePeriodChange
15 Dec 20180.9469Latest
08 Dec 20180.95321 Week-0.66%
15 Nov 20180.93871 Month+0.87%
18 Jun 20180.93616 Months+1.15%
15 Dec 20170.91421 Year+3.58%
15 Dec 20160.95682 Years-1.03%
16 Dec 20130.92345 Years+2.54%
17 Dec 20080.842710 Years+12.37%

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

DateExchange RatePeriodChange
15 Dec 20180.9098Latest
08 Dec 20180.91551 Week-0.62%
15 Nov 20180.89881 Month+1.22%
18 Jun 20180.91576 Months-0.64%
15 Dec 20170.89951 Year+1.15%
15 Dec 20160.93672 Years-2.87%
16 Dec 20130.87475 Years+4.01%
17 Dec 20080.705510 Years+28.96%

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