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  1. Exchange Rates
  2. Australian dollar (AUD)
  3. New Zealand dollar (NZD)

Convert AUD to NZD at Best Exchange Rates

1 Australian dollar equals
New Zealand dollar 1AUD=NZD

There are three simple steps you need to take in order to get a good AUD-NZD exchange rate:

  1. Know the latest AUD to NZD market mid-rate shown above - this is your starting point!
  2. Compare your Bank's exchange rates to several licensed FX providers, remember to compare both the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the Australian dollar and New Zealand dollar currencies, if available.

1. Market AUD/NZD mid-rate

Right now the AUD/NZD market rate is and represents how many New Zealand dollar you can get for one Australian dollar.

Calculate equivalent currency amounts with this AUD to NZD currency converter then select the transaction type to compare the best exchange rates available.


Currency Converter AUD to NZD

$
$
1 AUD equals
NZD 1AUD=NZD

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
1 Week AUD/NZD Chart
AUD-NZD 1 Week chart

Australian dollar to New Zealand dollar (AUD-NZD) - 10 Year History

DateExchange RatePeriodChange
18 Jun 20181.0705Latest
11 Jun 20181.08381 Week-1.23%
19 May 20181.08631 Month-1.45%
20 Dec 20171.09356 Months-2.1%
18 Jun 20171.04911 Year+2.04%
18 Jun 20161.04882 Years+2.07%
19 Jun 20131.17965 Years-9.25%
20 Jun 20081.251110 Years-14.44%

The AUD/NZD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / NZD was traded (bought or sold) in the international markets.

The closer your final exchange rate is to the market / midrate the better deal you are getting.

2. Transaction Costs - Margins and Fees for AUD/NZD Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

AUD to NZD Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from AUD to NZD.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending AUD 10,000 to NZD

OFX logo OFX
1AUD=1.0581NZD
$10,581 NZD (0.94%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: $10,581 NZD
Exchange Rate: 1.0581
(Inverse 1NZD=AUD 0.9451)
Fees: AUD 0
Total Cost : 0.94% (from mid-rate: 1.0681)
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0581 and inclusive of the fee of AUD 0.
Rate timestamp : Tue Jun 19 2018 14:00:21 GMT+0000 (UTC)
ANZ Bank logo ANZ Bank
1AUD=1.0333NZD
$10,314 NZD (3.44%)
Rate available to ANZ Online Banking customers only. Fee for transfers via ANZ Internet Banking is $18 (or $12 if the transfer is over $AUD10,000) in ANZ Foreign Exchange Centre or via ANZ Phone Banking fee is $32.
Price Details
Receive: $10,314 NZD
Exchange Rate: 1.0333
(Inverse 1NZD=AUD 0.9678)
Fees: AUD 18
Total Cost : 3.44% (from mid-rate: 1.0681)
Receive NZD $267 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0333 and inclusive of the fee of AUD 18.
Rate timestamp : Tue Jun 19 2018 14:03:04 GMT+0000 (UTC)
Bank of Queensland logo Bank of Queensland
1AUD=1.028NZD
$10,249 NZD (4.04%)
Rate available to Bank of Queensland Online Banking customers only.
Price Details
Receive: $10,249 NZD
Exchange Rate: 1.0280
(Inverse 1NZD=AUD 0.9728)
Fees: AUD 30
Total Cost : 4.04% (from mid-rate: 1.0681)
Receive NZD $332 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.028 and inclusive of the fee of AUD 30.
Commonwealth Bank logo Commonwealth Bank
1AUD=1.0167NZD
$10,161 NZD (4.87%)
Rate available to Commonwealth Bank Online Banking customers only.
Price Details
Receive: $10,161 NZD
Exchange Rate: 1.0167
(Inverse 1NZD=AUD 0.9836)
Fees: AUD 6
Total Cost : 4.87% (from mid-rate: 1.0681)
Receive NZD $420 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0167 and inclusive of the fee of AUD 6 .
Rate timestamp : Tue Jun 19 2018 14:02:02 GMT+0000 (UTC)
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  Bank of Queensland logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=1.0176NZD
$10,155.75 NZD (4.92%)
This is the average AUD to NZD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $10,155.75 NZD
Exchange Rate: 1.0486
(Inverse 1NZD=AUD 0.9537)
Fees: AUD 15
Total Cost : 4.92% (from mid-rate: 1.0681)
Receive NZD $425 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0176 and inclusive of the fee of AUD 15.
Westpac logo Westpac
1AUD=1.0165NZD
$10,145 NZD (5.02%)
Rate available to Westpac Online Banking customers only.
Price Details
Receive: $10,145 NZD
Exchange Rate: 1.0165
(Inverse 1NZD=AUD 0.9838)
Fees: AUD 20
Total Cost : 5.02% (from mid-rate: 1.0681)
Receive NZD $436 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0165 and inclusive of the fee of AUD 20.
St George Bank logo St George Bank
1AUD=1.0157NZD
$10,137 NZD (5.09%)
Rate available to St George Bank Online Banking customers only.
Price Details
Receive: $10,137 NZD
Exchange Rate: 1.0157
(Inverse 1NZD=AUD 0.9845)
Fees: AUD 20
Total Cost : 5.09% (from mid-rate: 1.0681)
Receive NZD $444 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0157 and inclusive of the fee of AUD 20.
NAB logo NAB
1AUD=1.0115NZD
$10,093 NZD (5.51%)
Rate available to National Australia Bank online banking customers only.
Price Details
Receive: $10,093 NZD
Exchange Rate: 1.0115
(Inverse 1NZD=AUD 0.9886)
Fees: AUD 22
Total Cost : 5.51% (from mid-rate: 1.0681)
Receive NZD $488 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0115 and inclusive of the fee of AUD 22.
BankSA logo BankSA
1AUD=1.0094NZD
$10,074 NZD (5.68%)
Rate available to BankSA Online Banking customers only.
 
Price Details
Receive: $10,074 NZD
Exchange Rate: 1.0094
(Inverse 1NZD=AUD 0.9907)
Fees: AUD 20.01
Total Cost : 5.68% (from mid-rate: 1.0681)
Receive NZD $507 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0094 and inclusive of the fee of AUD 20.01.
Bank of Melbourne logo Bank of Melbourne
1AUD=1.0094NZD
$10,073 NZD (5.69%)
Rate available to Bank of Melbourne Online Banking customers only.
 
Price Details
Receive: $10,073 NZD
Exchange Rate: 1.0094
(Inverse 1NZD=AUD 0.9907)
Fees: AUD 21
Total Cost : 5.69% (from mid-rate: 1.0681)
Receive NZD $508 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/NZD=1.0094 and inclusive of the fee of AUD 21.

Travel Money AUD to NZD - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying NZD Cash with AUD 2,000

Travelex Online logo Travelex Online
1AUD=1.0333NZD
$2066.60 NZD (3.26%)
Click here to order Travel Money and the Pre-paid Cash Passport with $0 commission and great exchange rates only available online. Home delivery or pickup your cash at your local Travelex store, Post Office, HSBC branch or conveniently at the airport on departure day.
* Orders paid for via BPAY incur no additional fees. Card (debit or credit) will incur a card surcharge; MasterCard (debit) 0.77%, MasterCard (credit) 0.94%, Visa (debit) 0.72% and Visa (credit) 1%. In addition, for Credit Card purchases, your card issuer may charge a separate cash advance fee. For Australia post collection and home delivery orders under $AUD1,000 a $10 collection fee applies.
Price Details
Receive: $2066.60 NZD
Exchange Rate: 1.0333
(Inverse 1NZD=AUD 0.9678)
Fees: 0
Total Cost : 3.26% (from mid-rate: 1.0681)
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0333 and inclusive of the fee of 0.
Rate timestamp : Tue Jun 19 2018 14:00:04 GMT+0000 (UTC)
ANZ Bank logo ANZ Bank
1AUD=1.0333NZD
$2045.93 NZD (4.23%)
Foreign currency cash is charged at 1% of the AUD equivalent value for each currency purchased, with a minimum charge of AUD 8 per currency.
Price Details
Receive: $2045.93 NZD
Exchange Rate: 1.0333
(Inverse 1NZD=AUD 0.9678)
Fees: AUD 20 (1%)
Total Cost : 4.23% (from mid-rate: 1.0681)
Receive NZD $21 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0333 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Tue Jun 19 2018 14:03:04 GMT+0000 (UTC)
NAB logo NAB
1AUD=1.0137NZD
$2017.26 NZD (5.57%)
The NAB in-branch travel money service is provided by Travelex.
Price Details
Receive: $2017.26 NZD
Exchange Rate: 1.0137
(Inverse 1NZD=AUD 0.9865)
Fees: AUD 10
Total Cost : 5.57% (from mid-rate: 1.0681)
Receive NZD $49 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0137 and inclusive of the fee of AUD 10.
Commonwealth Bank logo Commonwealth Bank
1AUD=1.0158NZD
$2011.28 NZD (5.85%)
Price Details
Receive: $2011.28 NZD
Exchange Rate: 1.0158
(Inverse 1NZD=AUD 0.9844)
Fees: AUD 20 (1%)
Total Cost : 5.85% (from mid-rate: 1.0681)
Receive NZD $55 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0158 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Tue Jun 19 2018 14:02:02 GMT+0000 (UTC)
Westpac logo Westpac
1AUD=1.0156NZD
$2010.89 NZD (5.87%)
Price Details
Receive: $2010.89 NZD
Exchange Rate: 1.0156
(Inverse 1NZD=AUD 0.9846)
Fees: AUD 20 (1%)
Total Cost : 5.87% (from mid-rate: 1.0681)
Receive NZD $56 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0156 and inclusive of the fee of AUD 20 (1%).
St George Bank logo St George Bank
1AUD=1.0148NZD
$2009.30 NZD (5.94%)
Price Details
Receive: $2009.30 NZD
Exchange Rate: 1.0148
(Inverse 1NZD=AUD 0.9854)
Fees: AUD 20 (1%)
Total Cost : 5.94% (from mid-rate: 1.0681)
Receive NZD $57 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0148 and inclusive of the fee of AUD 20 (1%).
Bank of Melbourne logo Bank of Melbourne
1AUD=1.0094NZD
$1998.61 NZD (6.44%)
Please check with the BOM in-branch travel money service for their latest rates.
 
Price Details
Receive: $1998.61 NZD
Exchange Rate: 1.0094
(Inverse 1NZD=AUD 0.9907)
Fees: AUD 20 (1%)
Total Cost : 6.44% (from mid-rate: 1.0681)
Receive NZD $68 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0094 and inclusive of the fee of AUD 20 (1%).
BankSA logo BankSA
1AUD=1.0094NZD
$1998.61 NZD (6.44%)
 
Price Details
Receive: $1998.61 NZD
Exchange Rate: 1.0094
(Inverse 1NZD=AUD 0.9907)
Fees: AUD 20 (1%)
Total Cost : 6.44% (from mid-rate: 1.0681)
Receive NZD $68 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0094 and inclusive of the fee of AUD 20 (1%).
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=1.0160NZD
$2013.13 NZD (5.76%)
This is the average AUD to NZD Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: $2013.13 NZD
Exchange Rate: 1.0178
(Inverse 1NZD=AUD 0.9825)
Fees: AUD 10
Total Cost : 5.76% (from mid-rate: 1.0681)
Receive NZD $53 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/NZD=1.0160 and inclusive of the fee of AUD 10.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same AUD/NZD market rate I see on Google or in the Media?

When you look up the current Australian dollar to New Zealand dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

AUD to NZD mid-rate on google

AUD to NZD mid-rate on google search

Getting a great AUD to NZD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our AUD to NZD currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Australian dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Australian dollar and New Zealand dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs NZD, you should pay attention to both Australian dollar and New Zealand dollar news and forecasts.

Australian dollar (AUD) - Market news and forecasts

The Australian dollar could slump more than 10 percent against the US dollar into the "mid-60 cents" region within twelve months, said a senior money manager in June. Given RBA Governor Philip Lowe’s insistence that “there is no strong case for a near-term adjustment in monetary policy,” there is little incentive for investors to hold AUD instead of USD (which will benefit from future Fed hikes), the money manager believes.

A fall to 65 US cents (at 74.4 cents in mid-June ’18) would take AUD back to financial crisis levels last seen in early 2009.

Also pessimistic on the Australian dollar are Westpac and ANZ. Westpac have forecast AUD at 72 US cents in mid-2019 and ANZ have advised clients to “sell the [AUD] rallies.”

Technically, the outlook for AUD/USD remains poor. Longer-term charts show AUD/USD breaking from an upwards trend channel and meaningful psychological support won't be in play until the 70 cents handle.

Against the New Zealand dollar, AUD fell 2 percent in the weeks leading up to this report to N$1.072; however, a bird’s eye view shows AUD/NZD drifting sideways for the past 3 ½ years.

New Zealand dollar (NZD) - Market news and forecasts

Barring minor, short-lived deviations, the New Zealand dollar has traded against the US dollar between $0.68 and $0.75 for more than two years. In the second week of June, it was trading at $0.703, within the bottom third of that range.

The New Zealand dollar will fall through the lower end of this range before June ’19 to just $0.64, believes Westpac. The Australian bank said as much in June (it also saw the kiwi falling to 90 Australian cents, from 92.3), citing underperformance in New Zealand’s economy relative to its peers as its reason; this will be exacerbated by a substantial slowdown in net migration to New Zealand, the bank argues.

Also bearish NZD is Deutsche Bank. In May, during which NZD averaged $0.695, Deutsche’s valuation model ranked NZD as the fifth most overvalued of the world’s twenty-eight most traded currencies.

Importantly, interest rates in New Zealand are expected to fall below US rates this year – a development that PricewaterhouseCoopers has described as a “massive change in market conditions [offering] a disincentive to invest in NZD.” The RBNZ massively disappointed holders of NZD in May when it said its next move was as likely to be a rate cut as it was a hike.


Best Exchange Rates - Compare & Save

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