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Best Exchange Rates New Zealand

Compare & Save on New Zealand Dollar (NZD) Exchange Rates from leading foreign exchange providers in New Zealand

 

Get a Better FX Deal when you Send and Spend Abroad.

 

View all NZD Exchange Rates

 

We compare and review only trusted regulated FX brands

  • Transferwise
  • ANZ
  • OFX
  • World First
  • TorFX
  • Travelex NZ

Compare the actual market exchange rates

Foreign Transfer ProvidersReceive USD($)Exchange RateFee NZDTotal CostDeal Links
OFX logo
6,435 USD
Best Overall
0.64350^0.91%
ASB Bank International Money Transfers
ASB Bank logo
6,307.19 USD
128 USD
0.6323252.88%
HSBC logo
6,300.54 USD
134 USD
0.631$152.98%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
6,249 USD
186 USD
0.6281223.77%
ANZ Bank logo
6,246.74 USD
188 USD
0.6258183.81%
TSB Bank International Money Transfers
TSB Bank logo
6,208.29 USD
227 USD
0.6271$1004.4%
BNZ Bank International Money Transfers
BNZ Bank logo
6,182.55 USD
252 USD
0.6245$1004.8%
 
OFX: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.6435 (0.91% from mid-rate)
USD amount:6,435 USD
Total Cost:0.91%
Time:
Rate Fetched: Mon Jun 17 2019 18:06:51 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:0.6323 (2.63% from mid-rate)
USD amount:6,307.19 USD
Total Cost:2.88%
Difference:
128 USD less than using OFX
Time:19:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:0.6310 (2.83% from mid-rate)
USD amount:6,300.54 USD
Total Cost:2.98%
Difference:
134 USD less than using OFX
Time:19:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:0.6169 (5% from mid-rate)
USD amount:6,249 USD
Total Cost:3.77%
Difference:
186 USD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:0.6258 (3.63% from mid-rate)
USD amount:6,246.74 USD
Total Cost:3.81%
Difference:
188 USD less than using OFX
Time:19:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

TSB Bank logoTSB Bank

TSB Bank: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.6271 (3.43% from mid-rate)
USD amount:6,208.29 USD
Total Cost:4.4%
Difference:
227 USD less than using OFX
Time:19:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.6245 (3.83% from mid-rate)
USD amount:6,182.55 USD
Total Cost:4.8%
Difference:
252 USD less than using OFX
Time:19:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 06/17/2019 - See full table
 
Travel Money ProvidersAmount USD($)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
635.10 USD
Best Overall
0.63510^2.2%
ASB Bank Foreign Currency
ASB Bank logo
617.17 USD
18 USD
0.6234$104.96%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
606.75 USD
28 USD
0.6139$106.57%
TSB Bank Foreign Currency
TSB Bank logo
603.70 USD
31 USD
0.6098$107.04%
BNZ Bank Foreign Currency
BNZ Bank logo
599.37 USD
36 USD
0.6085$157.7%
Travelex Online NZ: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.6351 (2.2% from mid-rate)
USD amount:635.10 USD
Total Cost:2.2%
Time:
Rate Fetched: Mon Jun 17 2019 18:45:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.6234 (4% from mid-rate)
USD amount:617.17 USD
Total Cost:4.96%
Time:19:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.6173 (4.94% from mid-rate)
USD amount:606.75 USD
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.6098 (6.1% from mid-rate)
USD amount:603.70 USD
Total Cost:7.04%
Time:19:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:0.6085 (6.3% from mid-rate)
USD amount:599.37 USD
Total Cost:7.7%
Time:19:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 06/17/2019 - See full table
 

Read our foreign exchange guides - make informed decisions.

Market Outlook for the New Zealand dollar

NZD/USD – 3 month chart

The New Zealand dollar fell against the US dollar to a 6-month low of $0.651 in mid-May after the Reserve Bank of New Zealand cut interest rates to 1.5 percent.

The kiwi was also struggling against CAD, JPY and EUR, among other currencies, and wasn’t being helped by a significant escalation in US-China trade tensions which saw speculative capital leave New Zealand for safer pastures.

NZD is also suffering due to its high correlation with the Australian dollar — a currency also likely to be pressured by an interest rate cut in the coming months.

For more details read the full article NZ dollar news and forecasts.

 

Money Saving Guides

 

US Dollar Market Outlook

USD/NZD – 3 month chart

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Compare NZD-USD Exchange Rates

 

Recent NZD News

Westpac Cuts Australian Dollar Forecasts, Expects Interest Rates to Halve This Year

The struggling Australian dollar will lose a further 5 percent of its value against the US dollar and pound before the year is out, and 3 percent against the euro and New Zealand dollar, Westpac predicted on Friday.

Last update: 25 May, 2019

AUD/NZD at 10-Week High and “Likely to Run Higher From Here”

The Australian dollar-New Zealand dollar exchange rate rose on Friday to a 10-week high as traders continue to make bets on monetary policy divergence between the RBA and RBNZ. Even higher rates are expected by teams at TD Securities and Societe Generale.

Last update: 5 Apr, 2019

 

Australian Dollar Market Outlook

AUD/NZD – 3 month chart

In late May the Australian dollar stabilized after a shocking mid-April to mid-May period, during which it suffered across-the-board losses, including losses worth 5 percent against the US dollar. May’s closing exchange rate of US69.3¢ keeps the Aussie near long-term lows, but it’s an improvement on May-17's rate of 68.7¢ — its lowest weekly closing rate since early 2016.

A stuttering domestic economy and elevated US-China trade tensions (which threaten commodities demand and risk appetite) have driven the Aussie lower.

In an effort to support economic growth and boost inflation, which remains well below target, Australia's central bank cut interest rates in early June, and is expected to do so at least once more this year, making the Australian dollar susceptible to yield-chasing capital outflows.

Compare NZD-AUD Exchange Rates

 

Money Transfer Provider Reviews – NZ

WorldFirst Foreign Transfers – BER Review

WorldFirst is a market leader in the international payments space and is consistently ranked among the most reliable and cheapest money transfer handlers for four-figure sums.

Last update: 12 Jun, 2019

XE Money Transfer – BER Review

XE is one of the world’s best known and trusted currency websites, but how do their foreign transfers compare for rates and service…we are on the case and our full review will be coming soon! XE Money Transfer Visit XECompare XE AU ratesCompare XE NZ rates

Last update: 31 May, 2019

Travelex Exchange Rates New Zealand – BER Review

In this article we take a look at Travelex in New Zealand, their exchange rates and foreign currency services. Getting your travel money from the local Travelex branch is convenient but with a little planning (and ordering online) you can also save money for your next trip abroad.

Last update: 16 May, 2019

 

Fintech FX News

Banks Charge Small Customers 25 Times More for FX, Research Shows

New research from the European Central Bank shows that banks charge smaller customers up to 25 times more for FX forward transactions and that those who fail to compare providers pay 14 times more for FX than those that do.

Last update: 17 Jun, 2019

Revolut Card in Australia – Review

We review Revolut, a digital bank that allows users to receive, send and spend money at the interbank exchange rate.

Last update: 17 Jun, 2019

Fintech Money Transfers Up 2,500% in South Korea Last Year

The number of international money transfers handled by fintech providers in South Korea has grown 2,500 percent in little over a year, the country’s financial regulator has said.

Last update: 5 Jun, 2019

SWIFT Trials Real-Time Transfers in Europe; GPI Network an Answer to Ripple

The operator of the world’s largest financial messaging system, SWIFT, has said it will trial real-time “gpi” cross-border payments using the European Central Bank’s TIPS platform. SWIFT gpi has been developed as an answer to distributed ledger payment technologies, most notably Ripple.

Last update: 29 May, 2019

 

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