AUD to NZD mid-rate = 1.08
Right now the AUD/NZD market mid-rate is 1.08 and represents ideally how many New Zealand Dollar you can get for one Australian Dollar.
You can calculate equivalent Australian Dollar to New Zealand Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for AUD to NZD transfers or buying NZD travel money.
Currency Converter AUD to NZD
| NZD Country Guides | ||
|---|---|---|
 New Zealand |  Cook Islands |  Niue |
 Pitcairn |  Tokelau |
Australian Dollar to New Zealand Dollar (AUD-NZD) - 10 Year History
The below table shows the historic variation in the AUD/NZD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 22 Oct 2018 | 1.0818 | Latest | |
| 15 Oct 2018 | 1.0858 | 1 Week | -0.37% |
| 22 Sep 2018 | 1.0914 | 1 Month | -0.88% |
| 25 Apr 2018 | 1.0699 | 6 Months | +1.11% |
| 22 Oct 2017 | 1.1249 | 1 Year | -3.83% |
| 22 Oct 2016 | 1.0623 | 2 Years | +1.84% |
| 23 Oct 2013 | 1.1445 | 5 Years | -5.48% |
| 24 Oct 2008 | 1.1162 | 10 Years | -3.08% |
The three things you need in order to get a good AUD to NZD exchange rate
- Know the latest AUD/NZD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
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. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Transaction Costs - Margins and Fees for AUD/NZD Transfers and Currency 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.
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.
Compare Foreign Transfers vs the Banks
Send AUD $10,000 → Receive NZD
| Provider | Receive Amount NZD | Exchange Rate | Cost | Reviews | Links to Offers |
|---|---|---|---|---|---|
 OFX | $10,695 NZD | 1.0695 | 0.87% | ||
Banks - Average Rate           | $10,324.7 NZD | 1.0344 | 4.3% |
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.
Compare Travel Money Exchange Rates vs the Banks
AUD $1,000 → Spend New Zealand dollar (NZD)
| Provider | Spend Amount AUD | Exchange Rate | Cost | Reviews | Links to Offers |
|---|---|---|---|---|---|
 Travelex Online AU | $1042.20 NZD Top Provider | 1.0422 | 3.4% |  | |
Banks - Average Rate | $1019.20 NZD $23 less | 1.0301 | 5.53% |
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.
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 must always be quoted in comparison to a second 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 has struggled in 2018 but its prospects for 2019 remain good.
In the second half of September, the Aussie recovered slightly from long-term lows against the euro, yen, Swiss franc and US dollar. It did, however, slump by October 2nd (the day of this report) to a three-year low versus the Canadian dollar.
Keeping the Aussie on the backfoot this year have been matters of monetary policy. A decision in August by Australian commercial banks to raise lending rates reduced the need for the RBA to raise the nation’s benchmark rate. It is the benchmark rate, not commercial lending rates, that affect the Australian dollar’s value, and this is now unlikely to be increased earlier than 2020.
Inaction on monetary policy lends itself to lower AUD exchange rates (the Aussie bought only 71.9 US cents and 62.5 euro cents at the time of writing) but this will change next year. The inevitability of higher Australian interest rates will become the narrative in mid-2019, thinks Citibank, and this will drive capital into AUD and force its price up to 77 US cents.
An even stronger bullish view was expressed in September by UBS, which predicted a rise in AUD to 82 US cents by the end of 2019. The Swiss bank said that other hinderances to AUD, such as emerging market FX volatility and US-China trade tensions, would dissipate.
New Zealand Dollar (NZD) - Market news and forecasts
The New Zealand dollar plumbed new multi-year lows in October against G10 and emerging market currencies.
At 64.4 US cents (October-5), the kiwi was worth less than at any time since January 2016; it was also at its weakest since 2015 against the Canadian dollar and Singapore dollar, and its weakest since 2009 versus the Thai baht.
As with the Australian dollar, much of the kiwi’s current problems are related to monetary policy. With many of the world’s central banks either enacting or considering higher interest rates, the inactivity of New Zealand’s Reserve Bank (the RBNZ is not expected to hike rates within the next year) provides no incentive to hold New Zealand dollars, and as NZD is exchanged for foreign currencies its value is driven down.
“NZD/USD will continue to trade on the defensive in the near term,” an analyst at CBA said in October.
Fortunately, the outlook for 2019 is far brighter for NZD. Next year, the attention of FX participants will undoubtedly turn towards the inevitable tightening of NZ monetary policy and, in addition, US interest rates will be at or above “neutral.”
Why can't I just get the same AUD/NZD market rate I see on Google or in the Media?
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.
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.
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.