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    Compare Reserve Bank of New Zealand NZD Exchange Rates

    Exchange Rates aren't all the same! It's hard to predict the currency markets, but you can always save money by comparing Reserve Bank of New Zealand exchange rates and fees to those charged by market leading FX providers.

    Reserve Bank Of New Zealand

    The Reserve Bank Of New Zealand (RBNZ) is the central bank of New Zealand. The role of central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.

    Interest rates, inflation, and exchange rates are all intrinsically linked. When the RBNZ manipulates interest rates this impacts both the inflation in New Zealand and also the relative value of the NZ dollar compared to other currencies.

    Recent RBNZ Interest Rate Decisions

    In November the RBNZ jacked up the Official Cash Rate (OCR) by 75 basis points to 4.25 per cent and suggested the OCR would need to reach 5.5 per cent next year to return inflation to its target range.

    Read our guide to the Relationship between Interest Rates and Currencies.

    Exchange rates published by Central Banks such as the Reserve Bank of New Zealand are the latest interbank mid-market exchange rates, here are some of the most popular NZD exchange rates:

    New Zealand dollar to US dollar

    NZD to USD at 0.6228 is 5.5% above its 90-day average 0.5904 with range 0.5562-0.6264.
    NZD to USD

    New Zealand dollar to Australian dollar

    NZD to AUD at 0.9269 is 3.0% above its 90-day average 0.9002 with range 0.8730-0.9275.
    NZD to AUD

    Australian dollar to New Zealand dollar

    AUD to NZD at 1.0787 is 2.9% below its 90-day average 1.1112 with range 1.0781-1.1455.
    AUD to NZD

    New Zealand dollar to Pound Sterling

    NZD to GBP at 0.5195 is just 0.9% above its 90-day average 0.515 with range 0.4961-0.5307.
    NZD to GBP

    New Zealand dollar to Japanese yen

    NZD to JPY at 86.02 is 1.3% above its 90-day average 84.89 with range 81.02-87.62.
    NZD to JPY

    New Zealand dollar to Fijian dollar

    NZD to FJD at 1.3825 is 3.2% above its 90-day average 1.3391 with range 1.2873-1.3852.
    NZD to FJD

    New Zealand dollar to Tongan paanga

    NZD to TOP at 1.4761 is 4.2% above its 90-day average 1.4171 with range 1.3587-1.4819.
    NZD to TOP

    New Zealand dollar to Malaysian ringgit

    NZD to MYR at 2.8078 is 3.2% above its 90-day average 2.7217 with range 2.5876-2.8568.
    NZD to MYR

    New Zealand dollar to Samoan tala

    NZD to WST at 1.7400 is 6.2% above its 90-day average 1.6377 with range 1.5389-1.7500.
    NZD to WST

    You Can Save Money when you Compare Reserve Bank of New Zealand Exchange Rate Margins & Fees

    The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction versus Reserve Bank of New Zealand market mid-rates. It is easy to calculate any savings available from popular market-leading FX providers.


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