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Foreign Exchange Guide to Tokelau

Read this currency guide to Tokelau with money transfer and travel tips.   [USD/NZD=1.4599]

 
Tokelau
Country Code:
TK
Domestic Currency:
New Zealand Dollar
Symbol - Code:
$ NZD
Telephone Prefix:
+690

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


In this Tokelau 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 Tokelau - currency & money saving tips
  4. Buying New Zealand Dollar cash online - travel money for Tokelau
  5. Sending money to Tokelau - save on New Zealand Dollar bank transfers to Tokelau
  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

28-January-19: The New Zealand dollar has begun 2019 well, with small gains against the US dollar ($0.683) and euro (€0.598). The kiwi remains, however, at relatively low levels by the standards of recent years: in percentage terms, it remains down double digits from 2017 highs relative to USD and EUR.

Several months ago, a good portion of analysts agreed that the kiwi was heading higher in 2019 but, as with the Australian dollar, things have changed. In recent months, investors have become increasingly certain that interest rates in New Zealand will stay at a record low of 1.75 percent for a prolonged period. Inaction on interest rates will force capital away from New Zealand and towards countries where rates are higher or are expected to increase.

Those with a need to consider seriously the future value (6-12 months) of New Zealand’s currency should not underestimate how highly correlated it is with the Australian dollar. Though they flex somewhat against each other, against other major currencies, the Antipodes usually move hand in hand. With that said, readers should be worried about a flurry of grim AUD forecasts coming in early 2019. Among such forecasts was that by a BNP Paribas analyst, who predicted that AUD would get “absolutely crucified,” and that by Capital Economics, which predicted a 16 percent AUD decline.

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 Tokelau

 

Travel money for Tokelau

 

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.

 
Travel Money Providers
Ratings & Reviews
Amount NZD($)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
Wells Fargo Bank logo
1,376.12 NZD
1.4042$206.37%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1,376 NZD
0.12 NZD less
1.3900$106.38%Branch-
U.S. Bank Foreign Currency
U.S. Bank logo
1,375.8 NZD
0.32 NZD less
1.375806.4%Branch-
 
Travelex Online US logo
1,340.2 NZD
36 NZD less
1.34020^8.82%Online order, Branch pickup, Home delivery2-3 days
Wells Fargo Bank: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:1.4042 (4.46% from mid-rate)
NZD amount:1,376.12 NZD
Total Cost:6.37%
Time:12:07 Local
Currency Services:Branch
Delivery/Collect:-
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:1.2861 (12.5% from mid-rate)
NZD amount:1,376 NZD
Total Cost:6.38%
Currency Services:Branch
Delivery/Collect:-
U.S. Bank: Travel Money USD→NZD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.3758 (6.4% from mid-rate)
NZD amount:1,375.8 NZD
Total Cost:6.4%
Time:12:07 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:1.3402 (8.82% from mid-rate)
NZD amount:1,340.2 NZD
Total Cost:8.82%
Time:
Rate Fetched: Fri Feb 22 2019 10:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019
 

Tokelau Trip Checklist    

 
  1. Compare NZD travel cash rates - probably why you are here!
  2. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Tokelau

When searching around for information on how to get a good exchange rate when sending money to Tokelau 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 Tokelau

When sending money to Tokelau 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 Tokelau.

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!

 
Foreign Transfer Providers
Ratings & Reviews
Receive NZD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
14,566 NZD
Best Overall
1.45660^0.9%Bank Transfers - Online & Phone1-2 days
Wells Fargo Bank logo
14,263 NZD
303 NZD less
1.4289182.96%Online, Branch, Bank Transfers2-3 days
HSBC logo
14,254 NZD
312 NZD less
1.4275$153.02%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
14,166 NZD
400 NZD less
1.4249153.62%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
14,074 NZD
492 NZD less
1.4216$1004.25%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
14,074 NZD
492 NZD less
1.4216$1004.25%Online, Branch, Bank Transfers2-3 days
 
Xoom logo
Your amount above the Xoom USD2999 maximum
NaN NZD less
 
OFX: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.4566 (0.9% from mid-rate)
NZD amount:14,566 NZD
Total Cost:0.9%
Time:
Rate Fetched: Fri Feb 22 2019 10:02:32 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.4289 (2.78% from mid-rate)
NZD amount:14,263 NZD
Total Cost:2.96%
Difference:
303 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:1.4275 (2.88% from mid-rate)
NZD amount:14,254 NZD
Total Cost:3.02%
Difference:
312 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:1.4187 (3.48% from mid-rate)
NZD amount:14,166 NZD
Total Cost:3.62%
Difference:
400 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:1.4216 (3.28% from mid-rate)
NZD amount:14,074 NZD
Total Cost:4.25%
Difference:
492 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:1.4216 (3.28% from mid-rate)
NZD amount:14,074 NZD
Total Cost:4.25%
Difference:
492 NZD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Xoom: Foreign Transfer USD→NZD
USD amount:$10,000 USD
Fee:
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019
 

Popular NZD cross rates


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

DateExchange RatePeriodChange
22 Feb 20190.6838Latest
15 Feb 20190.68661 Week-0.41%
23 Jan 20190.67931 Month+0.66%
26 Aug 20180.67006 Months+2.06%
22 Feb 20180.73211 Year-6.6%
22 Feb 20170.71802 Years-4.76%
23 Feb 20140.82755 Years-17.37%
24 Feb 20090.511610 Years+33.66%

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

DateExchange RatePeriodChange
22 Feb 20190.6030Latest
15 Feb 20190.60781 Week-0.79%
23 Jan 20190.59661 Month+1.07%
26 Aug 20180.57546 Months+4.8%
22 Feb 20180.59391 Year+1.53%
22 Feb 20170.68052 Years-11.39%
23 Feb 20140.60235 Years+0.12%
24 Feb 20090.399610 Years+50.9%

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

DateExchange RatePeriodChange
22 Feb 20190.5238Latest
15 Feb 20190.53251 Week-1.63%
23 Jan 20190.51921 Month+0.89%
26 Aug 20180.52116 Months+0.52%
22 Feb 20180.52481 Year-0.19%
22 Feb 20170.57662 Years-9.16%
23 Feb 20140.49755 Years+5.29%
24 Feb 20090.353410 Years+48.22%

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

DateExchange RatePeriodChange
22 Feb 201975.7121Latest
15 Feb 201975.86571 Week-0.2%
23 Jan 201974.38091 Month+1.79%
26 Aug 201874.56966 Months+1.53%
22 Feb 201878.21821 Year-3.2%
22 Feb 201781.43772 Years-7.03%
23 Feb 201484.84395 Years-10.76%
24 Feb 200949.336010 Years+53.46%

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

DateExchange RatePeriodChange
22 Feb 20190.9579Latest
15 Feb 20190.96081 Week-0.3%
23 Jan 20190.95041 Month+0.79%
26 Aug 20180.91256 Months+4.98%
22 Feb 20180.93401 Year+2.56%
22 Feb 20170.93302 Years+2.67%
23 Feb 20140.92285 Years+3.8%
24 Feb 20090.791710 Years+20.99%

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

DateExchange RatePeriodChange
22 Feb 20190.9014Latest
15 Feb 20190.90941 Week-0.88%
23 Jan 20190.90651 Month-0.56%
26 Aug 20180.87176 Months+3.41%
22 Feb 20180.93091 Year-3.17%
22 Feb 20170.94522 Years-4.63%
23 Feb 20140.91915 Years-1.93%
24 Feb 20090.638110 Years+41.26%

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