Foreign Exchange Guide to Tokelau

This currency guide to Tokelau helps you choose the best way to save money on NZD transfers and travel money.    [HKD/NZD=0.1945]

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

This is a foreign exchange guide to Tokelau, the New Zealand Dollar currency plus sending 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 NZ$.


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

The threat of proxy war between the US and Iran in Iraq has 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 news and forecasts.

For more details read the full article New Zealand Dollar Forecasts.

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

HKD/NZD at 0.1949 is trading 1% below the 90-day average 0.1969 with a range 0.1906 to 0.2026. There are no current rate alerts.
23-Jan-2020 16:NY 21:LON 08:SYD+1d

Travel, Currency and Money saving tips for Tokelau

 

In a world where travel has become easy and accessible to the masses, travelling to Tokelau – a territory of New Zealand – still requires a dedication that dissuades all but the most committed visitors. It takes upwards of 24 hours to reach Tokelau by boat from its nearest neighbour, Samoa, and you can forget about flying – there’s no airstrip. Once you’re there, the ship that brought you is your only means of getting between the nation’s three atolls – Fakaofo, Atafu and Nukunonu. It takes nine hours to travel between the two most distant ones (Fakaofo and Atafu). Your ship will also be your ticket home, so you’ll have to be prepared to stay for at least five days until it’s ready to leave, or wait for the next one in a week's time.

The distances around the atolls are short, so one can travel on foot within an atoll. Tourists can travel between atolls on a dinghy or traditional outrigger canoe.

What currency is used in Tokalau?

New Zealand currency is the only currency used in 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.

   

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 ProvidersReceive NZD(NZ$)Exchange RateFee HKDTotal CostDeal Links
WorldFirst logo
NZ$9,7150.194300.51%
OFX logo
NZ$9,5500.1910 for BER users (normally $15)2.2%
DBS Bank logo
NZ$9,450.540.1892503.22%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
NZ$9,3480.1871554.27%
HSBC logo
NZ$9,320.060.1867HK$804.56%
Citibank International Money Transfers
Citibank logo
NZ$9,272.770.1855125.04%
 
WorldFirst logo
WorldFirst: Foreign Transfer HKD→NZD
From Amount (HKD)HK$50,000
Fee:
Exchange Rate:0.1943 (0.51% from mid-rate)
To Amount (NZD) NZ$9,715
Total Cost:0.51%
Time:1:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer HKD→NZD
From Amount (HKD)HK$50,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.1910 (2.2% from mid-rate)
To Amount (NZD) NZ$9,550
Total Cost:2.2%
Difference:
NZ$165 NZD less than using WorldFirst
Time:
Rate Fetched: Thu Jan 23 2020 00:16:23 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer HKD→NZD
From Amount (HKD)HK$50,000
Fee:50
Exchange Rate:0.1892 (3.12% from mid-rate)
To Amount (NZD) NZ$9,450.54
Total Cost:3.22%
Difference:
NZ$264 NZD less than using WorldFirst
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer HKD→NZD
From Amount (HKD)HK$50,000
Fee:55
Exchange Rate:0.1876 (3.94% from mid-rate)
To Amount (NZD) NZ$9,348
Total Cost:4.27%
Difference:
NZ$367 NZD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer HKD→NZD
From Amount (HKD)HK$50,000
Fee:HK$80 HKD (Minimum fee)
Exchange Rate:0.1867 (4.4% from mid-rate)
To Amount (NZD) NZ$9,320.06
Total Cost:4.56%
Difference:
NZ$395 NZD less than using WorldFirst
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer HKD→NZD
From Amount (HKD)HK$50,000
Fee:12
Exchange Rate:0.1855 (5.02% from mid-rate)
To Amount (NZD) NZ$9,272.77
Total Cost:5.04%
Difference:
NZ$442 NZD less than using WorldFirst
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/23/2020 - See full table
 

New Zealand Dollar to United States Dollar - Historical Rates

PeriodChange*NZD/USDDate
1 Day+0.1%0.659622 Jan 2020
7 Day-0.6%0.663716 Jan 2020
30 Day-0.6%0.663924 Dec 2019
3 Month+4%0.634925 Oct 2019
1 Year-2.8%0.679323 Jan 2019
5 Year-11.5%0.745424 Jan 2015
10 Year-7.6%0.714125 Jan 2010

*For period to 23-Jan 21UTC when NZD/USD was 0.6600

New Zealand Dollar to Euro - Historical Rates

PeriodChange*NZD/EURDate
1 Day+0.4%0.594522 Jan 2020
7 Day+0.2%0.596016 Jan 2020
30 Day-0.3%0.598724 Dec 2019
3 Month+4.2%0.573025 Oct 2019
1 Year+0.1%0.596623 Jan 2019
5 Year-10.2%0.665124 Jan 2015
10 Year+18.3%0.504725 Jan 2010

*For period to 23-Jan 21UTC when NZD/EUR was 0.5970

New Zealand Dollar to British Pound Sterling - 10 Year History

PeriodChange*NZD/GBPDate
1 Day+0.2%0.501822 Jan 2020
7 Day-0.9%0.507516 Jan 2020
30 Day-2%0.513324 Dec 2019
3 Month+1.6%0.495125 Oct 2019
1 Year-3.1%0.519223 Jan 2019
5 Year+1.2%0.497124 Jan 2015
10 Year+14.1%0.440925 Jan 2010

*For period to 23-Jan 21UTC when NZD/GBP was 0.5030

New Zealand Dollar to Australian Dollar - Historical Rates

PeriodChange*NZD/AUDDate
7 Day+0.2%0.962116 Jan 2020
30 Day+0.6%0.959024 Dec 2019
3 Month+3.6%0.930625 Oct 2019
1 Year+1.5%0.950423 Jan 2019
5 Year+2.4%0.942224 Jan 2015
10 Year+22.1%0.789725 Jan 2010

*For period to 23-Jan 21UTC when NZD/AUD was 0.9645

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