Compare & Save on FX - BestExchangeRates New Zealand
How BestExchangeRates Saves Kiwis Money on FX
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.
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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.
Popular NZD Exchange Rates
Follow exchange rates via your personal BER Tracker Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Save on International Money Transfers
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 compare exchange rates from major financial institutions in New Zealand.
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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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New Zealand dollar market update
The New Zealand dollar (NZD) has experienced a notable uptick recently, bolstered by improving market sentiment, despite facing downward pressures earlier in November from trade uncertainties and tariff concerns linked to potential US protectionist policies. As a result, the NZD rose yesterday, bouncing back from initial volatility. FX analysts suggest that today could see the NZD trading on a correlated path with the Australian dollar (AUD), particularly given the absence of significant economic data from New Zealand. With the NZD/USD trading at 0.5794, it remains 3.8% below its three-month average of 0.6025, indicating persistent volatility in the currency, which has fluctuated within a 9.7% range of 0.5787 to 0.6349.
Market views indicate that the NZD's trajectory is at risk due to potential policy changes arising from a possible Trump presidency, which may lead to stricter tariffs on key trading partners such as Europe and China. Economists warn that such policies could dampen demand for essential commodities, thereby impacting the NZD’s performance. In cross-currency comparisons, the NZD has shown weakness against the Euro, sterling, and yen, with the NZD/EUR at 0.5515 (1.1% below the three-month average), NZD/GBP at a near 90-day low of 0.4538 (2.4% below average), and NZD/JPY at 88.22 (2.1% below average). This broader context of fluctuating exchange rates highlights the intertwined nature of the NZD with global commodity markets and trade relationships.
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 NZD price trends. 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.