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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.

 
 

We compare and review only trusted regulated FX brands

  • Transferwise
  • ANZ
  • OFX
  • World First
  • TorFX
  • Travelex NZ
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee NZDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
6,590 USD
Best Overall
0.6590^1.45%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
XE logo
6,648 USD
58 USD
0.664800.58%Bank Transfers - Online & Phone1-2 days
ASB Bank International Money Transfers
ASB Bank logo
6,458.81 USD
131 USD
0.6475253.41%Online, Branch, Bank Transfers2-3 days
HSBC logo
6,451.31 USD
139 USD
0.6461$153.52%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
6,399 USD
191 USD
0.6432224.3%Online, Branch, Bank Transfers2-3 days
 
ANZ Bank logo
6,397.46 USD
193 USD
0.6409184.33%Online, Branch, Bank Transfers2-3 days
TSB Bank International Money Transfers
TSB Bank logo
6,357.78 USD
232 USD
0.6422$1004.92%Online, Branch, Bank Transfers2-3 days
BNZ Bank International Money Transfers
BNZ Bank logo
6,331.05 USD
259 USD
0.6395$1005.32%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.6590 (1.45% from mid-rate)
USD amount:6,590 USD
Total Cost:1.45%
Time:
Rate Fetched: Sat Apr 20 2019 04:06:52 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:0
Exchange Rate:0.6648 (0.58% from mid-rate)
USD amount:6,648 USD
Total Cost:0.58%
Difference:
58 USD more than using OFX
Time:6:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Foreign Transfer NZD→USD
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:0.6475 (3.17% from mid-rate)
USD amount:6,458.81 USD
Total Cost:3.41%
Difference:
131 USD less than using OFX
Time:6:04 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:0.6461 (3.38% from mid-rate)
USD amount:6,451.31 USD
Total Cost:3.52%
Difference:
139 USD less than using OFX
Time:6:04 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:0.6353 (4.99% from mid-rate)
USD amount:6,399 USD
Total Cost:4.3%
Difference:
191 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:0.6409 (4.16% from mid-rate)
USD amount:6,397.46 USD
Total Cost:4.33%
Difference:
193 USD less than using OFX
Time:6:04 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:0.6422 (3.96% from mid-rate)
USD amount:6,357.78 USD
Total Cost:4.92%
Difference:
232 USD less than using OFX
Time:6:04 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:0.6395 (4.37% from mid-rate)
USD amount:6,331.05 USD
Total Cost:5.32%
Difference:
259 USD less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Example of savings sending $10K NZD to USD
 

 

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount USD($)Exchange RateFee NZDTotal CostCurrency ServicesDelivery/CollectDeal Links
 
Travelex Online NZ logo
657.80 USD
Best Overall
0.65780^1.63%Online order, Branch pickup, Home delivery2-3 days
ASB Bank Foreign Currency
ASB Bank logo
635.58 USD
22 USD
0.642$104.95%Branch-
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
624.8 USD
33 USD
0.6322$106.56%Branch-
TSB Bank Foreign Currency
TSB Bank logo
621.62 USD
36 USD
0.6279$107.04%Branch-
BNZ Bank Foreign Currency
BNZ Bank logo
617.20 USD
41 USD
0.6266$157.7%Branch-
Travelex Online NZ: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.6578 (1.63% from mid-rate)
USD amount:657.80 USD
Total Cost:1.63%
Time:
Rate Fetched: Sat Apr 20 2019 04:45:04 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:0.6420 (3.99% from mid-rate)
USD amount:635.58 USD
Total Cost:4.95%
Time:6:04 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:0.6356 (4.95% from mid-rate)
USD amount:624.8 USD
Total Cost:6.56%
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:0.6279 (6.1% from mid-rate)
USD amount:621.62 USD
Total Cost:7.04%
Time:6:04 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:0.6266 (6.3% from mid-rate)
USD amount:617.20 USD
Total Cost:7.7%
Time:6:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Example savings by ordering USD travel cash online
 

Market Outlook for the New Zealand dollar

NZD/USD – 3 month chart

Until the March-27 meeting of the RBNZ, the New Zealand dollar had been among the best performing major currencies of the year. After the RBNZ said in its statement that its next move on interest rates was likely to be a cut, the kiwi weakened to US$0.68, and then in the week that followed to a 7-week low of US$0.674. The kiwi was barely up on the year (+0.7 percent).

At the time of writing, NZD was particularly weak against the pound, at £0.514, and it was trading at a 7-week low against the Aussie dollar, at A$0.953.

Though other central banks also spoke dovishly in March, the RBNZ was the first to say it might go beyond merely maintaining rates and recommence with policy easing.

Post-RBNZ, banks began betting on NZD depreciation.

ANZ said that NZD would be vulnerable against Asian currencies, including the Chinese yuan and Singapore dollar.

For NZD/AUD, the RBNZ surprise is likely to mark the beginning of a move towards more neutral (lower) levels, perhaps as low as A$0.92, Societe Generale said.


 

Money Saving Guides

 

US Dollar Market Outlook

USD/NZD – 3 month chart

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Compare NZD-USD Exchange Rates

 

Foreign Exchange News

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.

Updated: 5 Apr, 2019

Get Ready for Sterling’s “Big Finish”; Australian Dollar at 2-Week Low

GBP British pound sterling currency news and forecasts Brexit

Goldman Sachs is backing British MPs to soon find a way through the current political deadlock, after which a “big finish” is expected by the British pound. Meanwhile, pessimism surrounds the Australian and New Zealand dollars, both of which have fallen to multi-week lows.

Updated: 2 Apr, 2019

Banks Bet Against Aussie, Kiwi Dollar

For much of this year, banks have been betting on further Australian dollar deprecation, but after last week’s RBNZ shocker, they have also given a thumbs down to the New Zealand dollar.

Updated: 30 Mar, 2019

 

Australian Dollar Market Outlook

AUD/NZD – 3 month chart

Improved risk appetite and thriving commodities markets helped lift the Australian dollar in April.

Per bank forecasts, the Australian dollar will strengthen slightly against the US dollar between now and mid-year, before weakening quite significantly into year-end.

In April, NAB predicted appreciation to US$0.74 before the end of June, from a mid-April rate of US$0.719.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in February for US$0.66. ANZ said that the Aussie would lose value against resilient Asian currencies like the Chinese yuan and Singapore dollar.

In the second half of the year, major economic themes should re-emerge, many of which are negative; these include a housing market slump, the US-China trade spat and a weaker Chinese economy. In April, the Reserve Bank of Australia appeared to hint at a possible shift to a rate-cutting bias at its next meeting when it said it would “monitor developments and set monetary policy to support sustainable growth and inflation”—that would be an across-the-board negative for AUD.

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.

Updated: 23 Mar, 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

Updated: 12 Mar, 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.

Updated: 8 Mar, 2019

 

Fintech FX News

TransferWise Announces PayNow Funding Option

TransferWise is now officially offering PayNow as a funding option for users in Singapore, the company has announced.

Updated: 29 Mar, 2019

Banking Sector Fights Back Against Fintech Rivals

Citigroup’s announcement this week of plans to develop its own consumer-payments platform is the latest indication of a fightback by the banking establishment against fintech rivals that threaten its most lucrative markets.

Posted: 27 Mar, 2019

Revolut Steps Up Brexit Preparations

Revolut CEO Nikolay Storonsky

Fintech hotshot Revolut has written to millions of its customers to warn that new verification documents will be needed in the event of a no-deal Brexit; it has also called on the UK government to get serious about post-Brexit tech visas.

Updated: 25 Mar, 2019

WorldFirst Owners Target European Expansion

Ant Financial, the Chinese fintech giant that recently acquired WorldFirst, has set its sights on Europe, where it plans to take its share of both cross-border and point-of-sale payments.

Updated: 25 Mar, 2019

 

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