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For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in New Zealand and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track NZD rates – transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
BestExchangeRates.com keeps you up-to-date on New Zealand dollar forecasts by collating the views of reliable FX forecasters and economists together with recent 90-day NZD price data. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
The New Zealand dollar (NZD) has struggled against the US dollar (USD) in 2022, depreciating by 20 percent due to the risk-off sentiment in the market triggered by the situation in Ukraine and the Federal Reserve's hawkish stance. This has caused investors to seek safer assets, leaving the Kiwi dollar behind. The NZD/USD pair has been trading below its 3-month average, currently at 0.5907, which is 2.6 percent lower than the average of 0.6064. It has shown considerable volatility, ranging from 0.5873 to 0.6390.
The NZD has displayed stability against the euro (EUR) in recent months, with the NZD/EUR pair currently trading near its 3-month average at 0.5551. The range for this pair has been relatively stable, fluctuating within a range of 0.5438 to 0.5693.
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
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We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
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Check out our Money Saving Guides, Provider & Bank Reviews, Forecasts, FX-News and Content-Hub for more.
Looking for a way to make your next trip more affordable? Check out our Country Guides to the best deals for your international foreign transfers and travel money. These articles will give you travel tips and offer advice for your next trip abroad.
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BER is operated by Best Exchange Rates Pty Ltd, a company incorporated under the laws of Australia with company number ABN 68082714841.BER is a comparison website only and not a currency trading platform. BestExchangeRates.com uses cookies. Disclaimer & Terms of Service Privacy