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AUD/NZD - Convert Compare Save

Australian Dollar to New Zealand Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to New Zealand Dollar exchange rate, has news, forecasts and AUD to NZD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/NZD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive NZD($)Exchange RateFee AUDTotal CostDeal Links
WorldFirst logo
10,492 NZD
Best Overall
1.049200.5%
OFX (OzForex) logo
10,461 NZD
31 NZD
1.04610^0.8%
TorFX logo
10,314 NZD
178 NZD
1.031402.19%
Westpac logo
10,431 NZD
61 NZD
1.0452201.08%
ANZ Bank logo
10,286 NZD
206 NZD
1.0305182.46%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Queensland logo Bank of Melbourne logo BankSA logo
10,189 NZD
303 NZD
1.0208153.38%
BankSA International Money Transfers
BankSA logo
10,156 NZD
336 NZD
1.017620.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
10,155 NZD
337 NZD
1.0176213.7%
Commonwealth Bank (CBA) logo
10,143 NZD
349 NZD
1.01496 3.81%
Bank of Queensland logo
10,120 NZD
372 NZD
1.015304.03%
St George Bank logo
10,119 NZD
373 NZD
1.0139204.04%
National Australia Bank (nab) logo
10,098 NZD
394 NZD
1.012224.24%
WorldFirst: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:
Exchange Rate:1.0492 (0.5% from mid-rate)
NZD amount:10,492 NZD
Total Cost:0.5%
Time:16:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
OFX (OzForex): Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:1.0461 (0.8% from mid-rate)
NZD amount:10,461 NZD
Total Cost:0.8%
Difference:
31 NZD less than using WorldFirst
Time:
Rate Fetched: 16:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:1.0314 (2.19% from mid-rate)
NZD amount:10,314 NZD
Total Cost:2.19%
Difference:
178 NZD less than using WorldFirst
Time:16:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
Westpac: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:1.0452 (0.88% from mid-rate)
NZD amount:10,431 NZD
Total Cost:1.08%
Difference:
61 NZD less than using WorldFirst
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:1.0305 (2.28% from mid-rate)
NZD amount:10,286 NZD
Total Cost:2.46%
Difference:
206 NZD less than using WorldFirst
Time:
Rate Fetched: website - Sun Aug 25 2019 14:03:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:1.0237 (2.92% from mid-rate)
NZD amount:10,189 NZD
Total Cost:3.38%
Difference:
303 NZD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
BankSA: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:1.0176 (3.5% from mid-rate)
NZD amount:10,156 NZD
Total Cost:3.69%
Difference:
336 NZD less than using WorldFirst
Time:
Rate Fetched: website - 16:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:1.0176 (3.5% from mid-rate)
NZD amount:10,155 NZD
Total Cost:3.7%
Difference:
337 NZD less than using WorldFirst
Time:
Rate Fetched: website - 16:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:1.0149 (3.76% from mid-rate)
NZD amount:10,143 NZD
Total Cost:3.81%
Difference:
349 NZD less than using WorldFirst
Time:
Rate Fetched: website - Sun Aug 25 2019 14:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
Bank of Queensland: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:30
Exchange Rate:1.0150 (3.75% from mid-rate)
NZD amount:10,120 NZD
Total Cost:4.03%
Difference:
372 NZD less than using WorldFirst
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
St George Bank: Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:1.0139 (3.85% from mid-rate)
NZD amount:10,119 NZD
Total Cost:4.04%
Difference:
373 NZD less than using WorldFirst
Time:
Rate Fetched: website - 16:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→NZD
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:1.012 (4.03% from mid-rate)
NZD amount:10,098 NZD
Total Cost:4.24%
Difference:
394 NZD less than using WorldFirst
Time:
Rate Fetched: website - Sun Aug 25 2019 14:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount NZD($)Exchange RateFee AUDTotal CostDeal Links
Westpac logo
1,034.75 NZD
Compare
1.0452A$101.87%
Travelex Online AU logo
1,021.2 NZD
14 NZD
1.0212$0 BPay, Card 0.72%-1%3.16%
ANZ Bank logo
1,020.2 NZD
15 NZD
1.0305A$103.25%
Australia Post logo
1,017.6 NZD
17 NZD
1.0176$0 BPay, Card 0.72%-1%3.5%
Travel Money Oz logo
1,012.5 NZD
22 NZD
1.0125A$03.98%
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
1,006 NZD
29 NZD
1.0187104.57%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
1,002.34 NZD
32 NZD
1.0176A$154.95%
BankSA Foreign Currency
BankSA logo
1,002.34 NZD
32 NZD
1.0176A$154.95%
Commonwealth Bank (CBA) logo
1,001.09 NZD
34 NZD
1.0112A$105.06%
St George Bank logo
995.05 NZD
40 NZD
1.0102A$155.64%
National Australia Bank (nab) logo
988.32 NZD
46 NZD
0.9983106.28%
Westpac: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:1.0452 (0.88% from mid-rate)
NZD amount:1,034.75 NZD
Total Cost:1.87%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
Travelex Online AU: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:1.0212 (3.16% from mid-rate)
NZD amount:1,021.2 NZD
Total Cost:3.16%
Time:
Rate Fetched: Sun Aug 25 2019 14:00:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
ANZ Bank: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:1.0305 (2.28% from mid-rate)
NZD amount:1,020.2 NZD
Total Cost:3.25%
Time:
Rate Fetched: website - Sun Aug 25 2019 14:03:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
Australia Post: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:1.0176 (3.5% from mid-rate)
NZD amount:1,017.6 NZD
Total Cost:3.5%
Time:16:00 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
Travel Money Oz: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$0 AUD (0 BPay, Credit Card 1%)
Exchange Rate:1.0125 (3.98% from mid-rate)
NZD amount:1,012.5 NZD
Total Cost:3.98%
Time:
Rate Fetched: 16:00 Local
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:1.0023 (4.95% from mid-rate)
NZD amount:1,006 NZD
Total Cost:4.57%
Currency Services:Branch
Delivery/Collect:-
Bank of Melbourne: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:1.0176 (3.5% from mid-rate)
NZD amount:1,002.34 NZD
Total Cost:4.95%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:1.0176 (3.5% from mid-rate)
NZD amount:1,002.34 NZD
Total Cost:4.95%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:1.0112 (4.11% from mid-rate)
NZD amount:1,001.09 NZD
Total Cost:5.06%
Time:
Rate Fetched: website - Sun Aug 25 2019 14:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:1.0102 (4.2% from mid-rate)
NZD amount:995.05 NZD
Total Cost:5.64%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→NZD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.9983 (5.33% from mid-rate)
NZD amount:988.32 NZD
Total Cost:6.28%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

AUD to NZD interbank exchange rate = 1.0545

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/NZD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUDNZD blended flags

AUD and NZD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs NZD, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

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.

Read more in the article AUD Forecasts.

 

New Zealand Dollar (NZD)

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.

Read more in the article NZD Forecasts.

Why can't I just get the AUD/NZD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / NZD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

AUDNZD blended flags

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 foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates