Home pages - full list (A-Z)

Foreign Exchange Guide to Tokelau

Read this currency guide to Tokelau with HKD money transfer and travel tips.   [HKD/NZD=0.2]

 
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 HKD to 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

The New Zealand dollar weakened in June to a 7-month low against the euro, at rates below €0.58.

At US$0.65, the kiwi remained weak against the greenback, 6 percent lower than rates in March.

Against the Australian dollar, NZD has been steady in recent months, having spent much of its time between A$0.94 and A$0.95.

Robbing New Zealand's currency of gains in 2019 have been lower NZ interest rates, 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 New Zealand Dollar Forecasts.

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

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($)Exchange RateFee HKDTotal CostDeal Links
OFX logo
9,760 NZD0.19520 for BER users (normally $15)2.25%
DBS Bank logo
9,660.33 NZD0.1934503.25%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
9,556 NZD0.1913554.3%
HSBC logo
9,524.74 NZD0.1908$804.61%
Citibank International Money Transfers
Citibank logo
9,482.72 NZD0.1897125.03%
 
OFX: Foreign Transfer HKD→NZD
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $15)
Exchange Rate:0.1952 (2.25% from mid-rate)
NZD amount:9,760 NZD
Total Cost:2.25%
Time:
Rate Fetched: Fri Aug 23 2019 00:16:20 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer HKD→NZD
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:0.1934 (3.15% from mid-rate)
NZD amount:9,660.33 NZD
Total Cost:3.25%
Difference:
100 NZD less than using OFX
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer HKD→NZD
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:0.1918 (3.96% from mid-rate)
NZD amount:9,556 NZD
Total Cost:4.3%
Difference:
204 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer HKD→NZD
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:0.1908 (4.46% from mid-rate)
NZD amount:9,524.74 NZD
Total Cost:4.61%
Difference:
235 NZD less than using OFX
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer HKD→NZD
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:0.1897 (5.01% from mid-rate)
NZD amount:9,482.72 NZD
Total Cost:5.03%
Difference:
277 NZD less than using OFX
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/23/2019 - See full table
 

NZD/USD - New Zealand Dollar to United States Dollar - Historical Rates

PeriodChange*NZD/USDDate
1 Day-0.62%0.640521 Aug 2019
1 Week-1.07%0.643415 Aug 2019
1 Month-4.97%0.669823 Jul 2019
6 Months-7%0.684423 Feb 2019
1 Year-4.97%0.669822 Aug 2018
5 Years-24.28%0.840623 Aug 2014
10 Years-7.3%0.686624 Aug 2009

*For period to 22-Aug 21UTC when NZD/USD was 0.6365

NZD/EUR - New Zealand Dollar to Euro - Historical Rates

PeriodChange*NZD/EURDate
1 Day-0.52%0.577421 Aug 2019
1 Week-0.81%0.579115 Aug 2019
1 Month-4.36%0.600623 Jul 2019
6 Months-4.84%0.603623 Feb 2019
1 Year-0.64%0.578122 Aug 2018
5 Years-9.51%0.634823 Aug 2014
10 Years+19.69%0.479924 Aug 2009

*For period to 22-Aug 21UTC when NZD/EUR was 0.5744

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

PeriodChange*NZD/GBPDate
1 Day-1.61%0.528021 Aug 2019
1 Week-2.39%0.532215 Aug 2019
1 Month-3.53%0.538523 Jul 2019
6 Months-0.92%0.524323 Feb 2019
1 Year+0.1%0.519022 Aug 2018
5 Years+2.43%0.507223 Aug 2014
10 Years+24.4%0.417624 Aug 2009

*For period to 22-Aug 21UTC when NZD/GBP was 0.5195

NZD/AUD - New Zealand Dollar to Australian Dollar - Historical Rates

PeriodChange*NZD/AUDDate
1 Day-0.22%0.944021 Aug 2019
1 Week-0.86%0.950115 Aug 2019
1 Month-1.61%0.957323 Jul 2019
6 Months-1.85%0.959723 Feb 2019
1 Year+3.13%0.913322 Aug 2018
5 Years+4.39%0.902323 Aug 2014
10 Years+15.23%0.817424 Aug 2009

*For period to 22-Aug 21UTC when NZD/AUD was 0.9419

Country Guides - Full List (A-Z)

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
Y
Z