AUD/NZD Exchange Rates and Providers Compared
This guide to the Australian Dollar to New Zealand Dollar exchange rate with
90-day chart & alerts ,
historic rates ,
forecasts
and AUD to NZD comparison tables for
foreign transfers and
travel money
rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins
with the AUD/NZD Calculator .
AUD/NZD - 90 Day Rate Alerts
1 AUD = 1.0817 NZD
90-DAY HIGHS
60-DAY HIGHS
30-DAY HIGHS
14-DAY HIGHS
AUD/NZD over the last 90 days
View AUD /NZD - Interactive Chart
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.
AUD to NZD International Money Transfers Foreign Transfer Providers Receive NZD($) Exchange RateFee AUD Total Cost Deal Links
10,763 NZD Best Overall
1.0763 0 0.5%
10,730 NZD 33 NZD
1.073 0^ 0.8%
10,577 NZD 186 NZD
1.0577 0 2.22%
10,452 NZD 311 NZD
1.0471 18 3.37%
10,431 NZD 332 NZD
1.0452 20 3.57% BankSA International Money Transfers
10,417 NZD 346 NZD
1.0438 20.01 3.7% Bank of Melbourne International Money Transfers
10,416 NZD 347 NZD
1.0438 21 3.71%
10,380 NZD 383 NZD
1.0411 30 4.04%
Average Bank Rate
10,339 NZD 424 NZD
1.0359 15 4.42%
10,331 NZD 432 NZD
1.0354 22 4.49%
10,153 NZD 610 NZD
1.0159 6 6.14%
10,129 NZD 634 NZD
1.0149 20 6.36%
WorldFirst: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: Exchange Rate: 1.0763 (0.5% from mid-rate) To Amount: 10,763 NZD Total Cost: 0.5% Time: 12:00 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 From Amount: 10,000 AUD Fee: 0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K) Exchange Rate: 1.0730 (0.8% from mid-rate) To Amount: 10,730 NZD Total Cost: 0.8% Difference: Time: Rate Fetched: 12:00 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 From Amount: 10,000 AUD Fee: 0 Exchange Rate: 1.0577 (2.22% from mid-rate) To Amount: 10,577 NZD Total Cost: 2.22% Difference: Time: 12:00 Local Transfer Speed: 1-2 days Services: Bank Transfers - Online & Phone Rating: : 4.7/5.0 Reviews:
ANZ Bank: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 18 Exchange Rate: 1.0471 (3.2% from mid-rate) To Amount: 10,452 NZD Total Cost: 3.37% Difference: Time: Rate Fetched:
website - Sun Sep 22 2019 11:03:05 GMT+0000 (UTC)
Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : 3/5.0 Reviews:
Westpac: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 20 Exchange Rate: 1.0452 (3.37% from mid-rate) To Amount: 10,431 NZD Total Cost: 3.57% Difference: 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:
BankSA: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 20.01 Exchange Rate: 1.0438 (3.5% from mid-rate) To Amount: 10,417 NZD Total Cost: 3.7% Difference: Time: Rate Fetched:
website - 12:00 Local
Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : /5.0 Reviews:
Bank of Melbourne: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 21 Exchange Rate: 1.0438 (3.5% from mid-rate) To Amount: 10,416 NZD Total Cost: 3.71% Difference: Time: Rate Fetched:
website - 12:00 Local
Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : /5.0 Reviews:
Bank of Queensland: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 30 Exchange Rate: 1.0411 (3.75% from mid-rate) To Amount: 10,380 NZD Total Cost: 4.04% Difference: Time: Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : 3/5.0 Reviews:
Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 15 Exchange Rate: 1.0497 (2.96% from mid-rate) To Amount: 10,339 NZD Total Cost: 4.42% Difference: Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers
National Australia Bank (nab): Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 22 Exchange Rate: 1.0354 (4.28% from mid-rate) To Amount: 10,331 NZD Total Cost: 4.49% Difference: Time: Rate Fetched:
website - Sun Sep 22 2019 11:05:03 GMT+0000 (UTC)
Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : 2.1/5.0 Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 6 Exchange Rate: 1.0159 (6.08% from mid-rate) To Amount: 10,153 NZD Total Cost: 6.14% Difference: Time: Rate Fetched:
website - Sun Sep 22 2019 11:02:02 GMT+0000 (UTC)
Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : 1.2/5.0 Reviews:
St George Bank: Foreign Transfer AUD→NZD From Amount: 10,000 AUD Fee: 20 Exchange Rate: 1.0149 (6.18% from mid-rate) To Amount: 10,129 NZD Total Cost: 6.36% Difference: Time: Rate Fetched:
website - 12:00 Local
Transfer Speed: 2-3 days Services: Online, Branch, Bank Transfers Rating: : 1/5.0 Reviews:
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.
New Zealand dollar Travel Money Travel Money Providers Amount NZD($) Exchange RateFee AUD Total Cost Deal Links
1,043.8 NZD Best Overall
1.0438 $0 BPay, Card 0.72%-1% 3.5%
1,043.3 NZD 0.5 NZD
1.0433 $0 BPay, Card 0.72%-1% 3.55%
1,038.6 NZD 5.2 NZD
1.0386 A$0 3.98%
1,036.63 NZD 7.17 NZD
1.0471 A$10 4.17%
1,034.75 NZD 9.05 NZD
1.0452 A$10 4.34%
Bank of Melbourne Foreign Currency
1,028.14 NZD 16 NZD
1.0438 A$15 4.95%
BankSA Foreign Currency
1,028.14 NZD 16 NZD
1.0438 A$15 4.95%
Average Bank Rate
1,020 NZD 24 NZD
1.0325 10 5.71%
1,013.76 NZD 30 NZD
1.024 10 6.28%
1,002.08 NZD 42 NZD
1.0122 A$10 7.36%
996.03 NZD 48 NZD
1.0112 A$15 7.92%
Australia Post: Travel Money AUD→NZD From 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: 1.0438 (3.5% from mid-rate) To Amount: 1,043.8 NZD Total Cost: 3.5% Time: 12:00 Local Currency Services: Online order, Branch pickup, $10 fee for orders under $1000 Delivery/Collect: 2-3 days Rating: : 4/5.0 Reviews:
Travelex Online AU: Travel Money AUD→NZD From 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: 1.0433 (3.55% from mid-rate) To Amount: 1,043.3 NZD Total Cost: 3.55% Time: Rate Fetched: Sun Sep 22 2019 12:00:05 GMT+0000 (UTC)
Currency Services: FREE Home delivery & Branch pickup Delivery/Collect: 2-3 days Rating: : 4.3/5.0 Reviews:
Travel Money Oz: Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$0 AUD (0 BPay, Credit Card 1%) Exchange Rate: 1.0386 (3.98% from mid-rate) To Amount: 1,038.6 NZD Total Cost: 3.98% Time: Rate Fetched: 12:00 Local
Currency Services: Online order, Branch pickup Delivery/Collect: 3-5 days Rating: : 4.2/5.0 Reviews:
ANZ Bank: Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$10 AUD (1%) Exchange Rate: 1.0471 (3.2% from mid-rate) To Amount: 1,036.63 NZD Total Cost: 4.17% Time: Rate Fetched:
website - Sun Sep 22 2019 11:03:05 GMT+0000 (UTC)
Currency Services: Branch Delivery/Collect: - Rating: : 3/5.0 Reviews:
Westpac: Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$10 AUD (1%) Exchange Rate: 1.0452 (3.37% from mid-rate) To Amount: 1,034.75 NZD Total Cost: 4.34% Time: Rate Fetched:
website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services: Branch Delivery/Collect: - Rating: : 2/5.0 Reviews:
Bank of Melbourne: Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$15 AUD (Minimum fee) Exchange Rate: 1.0438 (3.5% from mid-rate) To Amount: 1,028.14 NZD Total Cost: 4.95% Time: Rate Fetched:
website - 12:00 Local
Currency Services: Branch Delivery/Collect: - Rating: : /5.0 Reviews:
BankSA: Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$15 AUD (Minimum fee) Exchange Rate: 1.0438 (3.5% from mid-rate) To Amount: 1,028.14 NZD Total Cost: 4.95% Time: Rate Fetched:
website - 12:00 Local
Currency Services: Branch Delivery/Collect: - Rating: : /5.0 Reviews:
Travel Money AUD→NZD From Amount: 1,000 AUD Fee: 10 Exchange Rate: 1.0282 (4.95% from mid-rate) To Amount: 1,020 NZD Total Cost: 5.71% Currency Services: Branch Delivery/Collect: -
National Australia Bank (nab): Travel Money AUD→NZD From Amount: 1,000 AUD Fee: 10 Exchange Rate: 1.0240 (5.33% from mid-rate) To Amount: 1,013.76 NZD Total Cost: 6.28% Time: Rate Fetched:
website - 12:00 Local
Currency Services: Branch Delivery/Collect: - Rating: : 2.1/5.0 Reviews:
Commonwealth Bank (CBA): Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$10 AUD (1%) Exchange Rate: 1.0122 (6.43% from mid-rate) To Amount: 1,002.08 NZD Total Cost: 7.36% Time: Rate Fetched:
website - Sun Sep 22 2019 11:02:02 GMT+0000 (UTC)
Currency Services: Branch Delivery/Collect: - Rating: : 1.2/5.0 Reviews:
St George Bank: Travel Money AUD→NZD From Amount: 1,000 AUD Fee: A$15 AUD (Minimum fee) Exchange Rate: 1.0112 (6.52% from mid-rate) To Amount: 996.03 NZD Total Cost: 7.92% Time: Rate Fetched:
website - 12:00 Local
Currency Services: Branch Delivery/Collect: - Rating: : 1/5.0 Reviews:
AUD / NZD converter & margin calculator
AUD : Australian Dollar USD : United States Dollar GBP : Pound Sterling EUR : Euro HKD : Hong Kong Dollar IDR : Indonesian Rupiah INR : Indian Rupee JPY : Japanese Yen MYR : Malaysian Ringgit NZD : New Zealand Dollar SGD : Singapore Dollar THB : Thai Baht AED : United Arab Emirates AFN : Afghan Afghani ALL : Albanian Lek AMD : Armenian Dram ANG : Netherlands Antillea AOA : Angolan Kwanza ARS : Argentine Peso AUD : Australian Dollar AWG : Aruban Florin AZN : Azerbaijani Manat BAM : Bosnia-Herzegovina C BBD : Barbadian Dollar BDT : Bangladeshi Taka BGN : Bulgarian Lev BHD : Bahraini Dinar BIF : Burundian Franc BMD : Bermudan Dollar BND : Brunei Dollar BOB : Bolivian Boliviano BRL : Brazilian Real BSD : Bahamian Dollar BTC : Bitcoin BTN : Bhutanese Ngultrum BWP : Botswanan Pula BYR : Belarusian Ruble BZD : Belize Dollar CAD : Canadian Dollar CDF : Congolese Franc CHF : Swiss Franc CLP : Chilean Peso CNY : Chinese Yuan COP : Colombian Peso CUP : Cuban Peso CVE : Cape Verdean Escudo CZK : Czech Republic Korun DJF : Djiboutian Franc DKK : Danish Krone DOP : Dominican Peso DZD : Algerian Dinar EGP : Egyptian Pound ETB : Ethiopian Birr ETH : Etherium EUR : Euro FJD : Fijian Dollar FKP : Falkland Islands Pou GBP : British Pound Sterli GEL : Georgian Lari GHS : Ghanaian Cedi GIP : Gibraltar Pound GMD : Gambian Dalasi GNF : Guinean Franc GTQ : Guatemalan Quetzal GYD : Guyanaese Dollar HKD : Hong Kong Dollar HNL : Honduran Lempira HRK : Croatian Kuna HTG : Haitian Gourde HUF : Hungarian Forint IDR : Indonesian Rupiah ILS : Israeli New Sheqel INR : Indian Rupee IQD : Iraqi Dinar IRR : Iranian Rial ISK : Icelandic Krona JMD : Jamaican Dollar JOD : Jordanian Dinar JPY : Japanese Yen KES : Kenyan Shilling KGS : Kyrgystani Som KHR : Cambodian Riel KMF : Comorian Franc KPW : North Korean Won KRW : South Korean Won KWD : Kuwaiti Dinar KYD : Cayman Islands Dolla KZT : Kazakhstani Tenge LAK : Laotian Kip LBP : Lebanese Pound LKR : Sri Lankan Rupee LRD : Liberian Dollar LSL : Lesotho Loti LTL : Lithuanian Litas LVL : Latvian Lats LYD : Libyan Dinar MAD : Moroccan Dirham MDL : Moldovan Leu MGA : Malagasy Ariary MKD : Macedonian Denar MMK : Myanma Kyat MNT : Mongolian Tugrik MOP : Macanese Pataca MRO : Mauritanian Ouguiya MUR : Mauritian Rupee MVR : Maldivian Rufiyaa MWK : Malawian Kwacha MXN : Mexican Peso MYR : Malaysian Ringgit MZN : Mozambican Metical NAD : Namibian Dollar NGN : Nigerian Naira NOK : Norwegian Krone NPR : Nepalese Rupee NZD : New Zealand Dollar OMR : Omani Rial PAB : Panamanian Balboa PEN : Peruvian Nuevo Sol PGK : Papua New Guinean Ki PHP : Philippine Peso PKR : Pakistani Rupee PLN : Polish Zloty PYG : Paraguayan Guarani QAR : Qatari Rial RON : Romanian Leu RSD : Serbian Dinar RUB : Russian Ruble RWF : Rwandan Franc SAR : Saudi Riyal SBD : Solomon Islands Doll SCR : Seychellois Rupee SDG : Sudanese Pound SEK : Swedish Krona SGD : Singapore Dollar SHP : Saint Helena Pound SLL : Sierra Leonean Leone SOS : Somali Shilling SRD : Surinnse Dollar SYP : Syrian Pound SZL : Swazi Lilangeni THB : Thai Baht TJS : Tajikistani Somoni TMT : Turkmenistani Manat TND : Tunisian Dinar TOP : Tongan Paanga TRY : Turkish Lira TTD : Trinidad and Tobago TWD : New Taiwan Dollar TZS : Tanzanian Shilling UAH : Ukrainian Hryvnia UGX : Ugandan Shilling USD : United States Dollar UYU : Uruguayan Peso UZS : Uzbekistan Som VND : Vietnamese Dong VEF : Venezuelan bolívar VUV : Vanuatu Vatu WST : Samoan Tala XAF : Central African Fran XCD : East Caribbean Dolla XDR : Special Drawing Righ XOF : West African Franc XPF : CFP Franc XRP : Ripple YER : Yemeni Rial ZAR : South African Rand ZMW : Zambian Kwacha ZWL : Zimbabwean Dollar BTC : Bitcoin ETH : Ethereum XRP : Ripple
AUD : Australian Dollar USD : United States Dollar GBP : Pound Sterling EUR : Euro HKD : Hong Kong Dollar IDR : Indonesian Rupiah INR : Indian Rupee JPY : Japanese Yen MYR : Malaysian Ringgit NZD : New Zealand Dollar SGD : Singapore Dollar THB : Thai Baht AED : United Arab Emirates AFN : Afghan Afghani ALL : Albanian Lek AMD : Armenian Dram ANG : Netherlands Antillea AOA : Angolan Kwanza ARS : Argentine Peso AUD : Australian Dollar AWG : Aruban Florin AZN : Azerbaijani Manat BAM : Bosnia-Herzegovina C BBD : Barbadian Dollar BDT : Bangladeshi Taka BGN : Bulgarian Lev BHD : Bahraini Dinar BIF : Burundian Franc BMD : Bermudan Dollar BND : Brunei Dollar BOB : Bolivian Boliviano BRL : Brazilian Real BSD : Bahamian Dollar BTC : Bitcoin BTN : Bhutanese Ngultrum BWP : Botswanan Pula BYR : Belarusian Ruble BZD : Belize Dollar CAD : Canadian Dollar CDF : Congolese Franc CHF : Swiss Franc CLP : Chilean Peso CNY : Chinese Yuan COP : Colombian Peso CUP : Cuban Peso CVE : Cape Verdean Escudo CZK : Czech Republic Korun DJF : Djiboutian Franc DKK : Danish Krone DOP : Dominican Peso DZD : Algerian Dinar EGP : Egyptian Pound ETB : Ethiopian Birr ETH : Etherium EUR : Euro FJD : Fijian Dollar FKP : Falkland Islands Pou GBP : British Pound Sterli GEL : Georgian Lari GHS : Ghanaian Cedi GIP : Gibraltar Pound GMD : Gambian Dalasi GNF : Guinean Franc GTQ : Guatemalan Quetzal GYD : Guyanaese Dollar HKD : Hong Kong Dollar HNL : Honduran Lempira HRK : Croatian Kuna HTG : Haitian Gourde HUF : Hungarian Forint IDR : Indonesian Rupiah ILS : Israeli New Sheqel INR : Indian Rupee IQD : Iraqi Dinar IRR : Iranian Rial ISK : Icelandic Krona JMD : Jamaican Dollar JOD : Jordanian Dinar JPY : Japanese Yen KES : Kenyan Shilling KGS : Kyrgystani Som KHR : Cambodian Riel KMF : Comorian Franc KPW : North Korean Won KRW : South Korean Won KWD : Kuwaiti Dinar KYD : Cayman Islands Dolla KZT : Kazakhstani Tenge LAK : Laotian Kip LBP : Lebanese Pound LKR : Sri Lankan Rupee LRD : Liberian Dollar LSL : Lesotho Loti LTL : Lithuanian Litas LVL : Latvian Lats LYD : Libyan Dinar MAD : Moroccan Dirham MDL : Moldovan Leu MGA : Malagasy Ariary MKD : Macedonian Denar MMK : Myanma Kyat MNT : Mongolian Tugrik MOP : Macanese Pataca MRO : Mauritanian Ouguiya MUR : Mauritian Rupee MVR : Maldivian Rufiyaa MWK : Malawian Kwacha MXN : Mexican Peso MYR : Malaysian Ringgit MZN : Mozambican Metical NAD : Namibian Dollar NGN : Nigerian Naira NOK : Norwegian Krone NPR : Nepalese Rupee NZD : New Zealand Dollar OMR : Omani Rial PAB : Panamanian Balboa PEN : Peruvian Nuevo Sol PGK : Papua New Guinean Ki PHP : Philippine Peso PKR : Pakistani Rupee PLN : Polish Zloty PYG : Paraguayan Guarani QAR : Qatari Rial RON : Romanian Leu RSD : Serbian Dinar RUB : Russian Ruble RWF : Rwandan Franc SAR : Saudi Riyal SBD : Solomon Islands Doll SCR : Seychellois Rupee SDG : Sudanese Pound SEK : Swedish Krona SGD : Singapore Dollar SHP : Saint Helena Pound SLL : Sierra Leonean Leone SOS : Somali Shilling SRD : Surinnse Dollar SYP : Syrian Pound SZL : Swazi Lilangeni THB : Thai Baht TJS : Tajikistani Somoni TMT : Turkmenistani Manat TND : Tunisian Dinar TOP : Tongan Paanga TRY : Turkish Lira TTD : Trinidad and Tobago TWD : New Taiwan Dollar TZS : Tanzanian Shilling UAH : Ukrainian Hryvnia UGX : Ugandan Shilling USD : United States Dollar UYU : Uruguayan Peso UZS : Uzbekistan Som VND : Vietnamese Dong VEF : Venezuelan bolívar VUV : Vanuatu Vatu WST : Samoan Tala XAF : Central African Fran XCD : East Caribbean Dolla XDR : Special Drawing Righ XOF : West African Franc XPF : CFP Franc XRP : Ripple YER : Yemeni Rial ZAR : South African Rand ZMW : Zambian Kwacha ZWL : Zimbabwean Dollar BTC : Bitcoin ETH : Ethereum XRP : Ripple
Australian Dollar
New Zealand Dollar
1 AUD 1.0817 NZD
5 AUD 5.4085 NZD
10 AUD 10.82 NZD
20 AUD 21.63 NZD
50 AUD 54.09 NZD
100 AUD 108.17 NZD
250 AUD 270.43 NZD
500 AUD 540.85 NZD
1,000 AUD 1,081.70 NZD
2,000 AUD 2,163.40 NZD
5,000 AUD 5,408.50 NZD
10,000 AUD 10,817.00 NZD
50,000 AUD 54,085.00 NZD
100,000 AUD 108,170.00 NZD
See more
Australian Dollar
New Zealand Dollar
0.9244 AUD
1 NZD
4.6220 AUD
5 NZD
9.2440 AUD
10 NZD
18.49 AUD
20 NZD
46.22 AUD
50 NZD
92.44 AUD
100 NZD
231.10 AUD
250 NZD
462.20 AUD
500 NZD
924.40 AUD
1,000 NZD
1,848.80 AUD
2,000 NZD
4,622.00 AUD
5,000 NZD
9,244.00 AUD
10,000 NZD
46,220.00 AUD
50,000 NZD
92,440.00 AUD
100,000 NZD
See more
AUD/NZD - Historical Trends
This table shows historic rates and trends of Australian Dollar to New Zealand Dollar over periods upto 10 years.
Period Change* AUD/NZD Date 1 Day +0.2% 1.0791 19 Sep 2019 7 Day +0.3% 1.0786 13 Sep 2019 30 Day +2.1% 1.0593 21 Aug 2019 3 Month +2.9% 1.0516 22 Jun 2019 1 Year -0.8% 1.0906 20 Sep 2018 5 Year -1.4% 1.0968 21 Sep 2014 10 Year -10.7% 1.2113 22 Sep 2009
* For period to 20-Sep 21UTC when AUD/NZD was 1.0817
You can use our AUD interactive charts to check AUDNZD historic trends.
Get a Better FX Deal when you Send and Spend Abroad.
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.
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.
Australia (AUD)
New Zealand (NZD)
Christmas Island (AUD)
Cocos Keeling Islands (AUD)
Cook Islands (NZD)
Heard And McDonald Islands (AUD)
Kiribati (AUD)
Nauru (AUD)
Niue (NZD)
Norfolk Island (AUD)
Pitcairn (NZD)
Tokelau (NZD)
Tuvalu (AUD)