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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

 

Three Simple Steps to Saving on Foreign Exchange

 
  1. Do not use a bank!
  2. Cut costs (foreign exchange rate margin and fees) by Comparing Providers
  3. Time transactions to when the market is in your favour - Setup a Watchlist.
 

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

Watchlist (Popular NZD Rates)

1 Active Alert 🔔

Exchange rates are volatile and can move considerably on a daily basis. Setting up a watchlist will help you decide the best time to make a foreign exchange transaction. These daily alerts can notify you either when an interbank exchange rate makes a significant UP or DOWN move or when a rate reaches a HIGH or LOW for periods from 14 to 90 days.

FROM / TO 90 DAY TRENDLATEST RATERECENT ALERTS

NZD / USD
0.6364
14-DAY LOW (2d)

NZD / AUD
0.9288
90-DAY LOW 🔔

NZD / FJD
1.3914
30-DAY LOW (2d)

Login to Create your own Watchlist  View All NZD Rates

Compare the actual market exchange rates

  

NZD to USD International Money Transfers

  

Foreign Transfer ProvidersReceive USD(U$)Exchange RateFee NZDTotal CostDeal Links
WorldFirst logo
U$6,332
Best Overall
0.633200.5%
OFX logo
U$6,313
U$19 less
0.63130^0.8%
XE logo
U$6,327
U$5 less
0.632700.58%
ASB Bank International Money Transfers
ASB Bank logo
U$6,137.62
U$194 less
0.6153253.56%
HSBC logo
U$6,130.79
U$201 less
0.614NZ$153.66%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
U$6,081
U$251 less
0.6113224.44%
ANZ Bank logo
U$6,079.04
U$253 less
0.609184.48%
TSB Bank International Money Transfers
TSB Bank logo
U$6,041.97
U$290 less
0.6103NZ$1005.06%
BNZ Bank International Money Transfers
BNZ Bank logo
U$6,017.22
U$315 less
0.6078NZ$1005.45%
 

WorldFirst logo

WorldFirst: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:
Exchange Rate:0.6332 (0.5% from mid-rate)
To Amount (USD) U$6,332
Total Cost:0.5%
Time:18:04 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 NZD→USD
From Amount (NZD)NZ$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.6313 (0.8% from mid-rate)
To Amount (USD) U$6,313
Total Cost:0.8%
Difference:
U$19 USD less than using WorldFirst
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

XE logo

XE: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:0
Exchange Rate:0.6327 (0.58% from mid-rate)
To Amount (USD) U$6,327
Total Cost:0.58%
Difference:
U$5 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

ASB Bank logo

ASB Bank: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:25
Exchange Rate:0.6153 (3.32% from mid-rate)
To Amount (USD) U$6,137.62
Total Cost:3.56%
Difference:
U$194 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:NZ$15 NZD (.15%)
Exchange Rate:0.6140 (3.52% from mid-rate)
To Amount (USD) U$6,130.79
Total Cost:3.66%
Difference:
U$201 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:22
Exchange Rate:0.6046 (5% from mid-rate)
To Amount (USD) U$6,081
Total Cost:4.44%
Difference:
U$251 USD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

ANZ Bank logo

ANZ Bank: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:18
Exchange Rate:0.6090 (4.31% from mid-rate)
To Amount (USD) U$6,079.04
Total Cost:4.48%
Difference:
U$253 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

TSB Bank logo

TSB Bank: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.6103 (4.1% from mid-rate)
To Amount (USD) U$6,041.97
Total Cost:5.06%
Difference:
U$290 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logo

BNZ Bank: Foreign Transfer NZD→USD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.6078 (4.49% from mid-rate)
To Amount (USD) U$6,017.22
Total Cost:5.45%
Difference:
U$315 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 11/11/2019 - See full table
 
Travel Money ProvidersAmount USD(U$)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
U$619.20
Best Overall
0.61920^2.7%
ASB Bank Foreign Currency
ASB Bank logo
U$604.79
U$14 less
0.6109NZ$104.97%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
U$594.56
U$25 less
0.6016NZ$106.57%
TSB Bank Foreign Currency
TSB Bank logo
U$591.53
U$28 less
0.5975NZ$107.05%
BNZ Bank Foreign Currency
BNZ Bank logo
U$587.36
U$32 less
0.5963NZ$157.71%
 

Travelex Online NZ logo

Travelex Online NZ: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.6192 (2.7% from mid-rate)
To Amount (USD) U$619.20
Total Cost:2.7%
Time:
Rate Fetched: Mon Nov 11 2019 18:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ASB Bank logo

ASB Bank: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.6109 (4.01% from mid-rate)
To Amount (USD) U$604.79
Total Cost:4.97%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.6049 (4.95% from mid-rate)
To Amount (USD) U$594.56
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logo

TSB Bank: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.5975 (6.11% from mid-rate)
To Amount (USD) U$591.53
Total Cost:7.05%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logo

BNZ Bank: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$15 NZD (Minimum fee)
Exchange Rate:0.5963 (6.3% from mid-rate)
To Amount (USD) U$587.36
Total Cost:7.71%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 11/11/2019 - 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 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 NZ dollar news and forecasts.

 

Money Saving Guides

Facebook’s Libra Is Not the Game Changer That’s Being Promised

Enthusiasts would have us believe that Facebook’s own digital currency, Libra, will instantly revolutionize the remittance industry upon its release in 2020 — except it won’t. A harsher reality awaits, with conversion costs, capital gains taxes and a lack of Libra-priced goods all likely to limit its appeal.

Last update: 6 Jul, 2019

Best Multi-Currency Accounts 2019: WorldFirst vs. TransferWise vs. OFX

We compare the features, exchange rates and security of the three best multi-currency accounts available today — the WorldFirst World Account, the TransferWise Borderless Account and the OFX Global Currency Account.

Last update: 12 Jun, 2019

A Guide to Buying Overseas Property

Tips on Buying your dream property abroad.

Last update: 3 May, 2019

Save Money with Regular Overseas payments

Setting up regular international payments is easy and can save you time and money If you have recurring overseas transfers to make, consider automating them to simplifying your personal administration and save time in the process. Whether that be for paying an overseas mortgage, receiving a foreign pension, or paying for overseas tuition fees for […]

Last update: 3 May, 2019

 

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

AUD/GBP Between a Rock and a Hard Place – USD Strength

AUD/GBP versus AUD/USD and GBP/USD

Both the Australian dollar and British pound sterling have had a hard time of late caught between the rock of the China/US trade war and the Brexit hard place.

Last update: 27 Aug, 2019

Australia Cuts Interest Rates to Record Low

RBA Australian dollar AUD currency news and forecasts

The RBA has cut Australian interest rates to a record low of 1 percent in an effort to boost inflation. The Australian dollar is slightly stronger following the widely expected decision but is expected to lose 5–7 percent of its value before year-end.

Last update: 14 Aug, 2019

 

Australian Dollar Market Outlook

AUD/NZD – 3 month chart

At the end of October the AUD surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Compare NZD-AUD Exchange Rates

 

Money Transfer Provider Reviews – NZ

XE Money Transfer – BER Review

XE works on razor thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal. Transfers can be booked online and over the phone and most are processed within a single working day.

Last update: 26 Aug, 2019

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

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

Disruptors Challenging Australian Banks in Forex Price and Service: ACCC Report

Key Takeaways from the ACCC inquiry into currency conversion services. BestExchangeRates referenced among comparison sites playing an important role in customer awareness of the excessive currency margins charged by banks.

Last update: 1 Oct, 2019

Facebook’s Libra Is Not the Game Changer That’s Being Promised

Enthusiasts would have us believe that Facebook’s own digital currency, Libra, will instantly revolutionize the remittance industry upon its release in 2020 — except it won’t. A harsher reality awaits, with conversion costs, capital gains taxes and a lack of Libra-priced goods all likely to limit its appeal.

Last update: 6 Jul, 2019

TransferWise Gets Malaysian Remittance Licence

No longer will Malaysians sending money overseas be subjected to grossly inflated exchange rates and unnecessary bank charges following news that TransferWise has been granted a remittance licence by Bank Negara.

Last update: 19 Jun, 2019

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

 

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