What's in this AUD to NZD exchange rate review?
Australian Dollar to NZ Dollar - Quick Conversions
|A$ 1||NZ$ 1.0882|
|A$ 5||NZ$ 5.4410|
|A$ 10||NZ$ 10.88|
|A$ 20||NZ$ 21.76|
|A$ 50||NZ$ 54.41|
|A$ 100||NZ$ 108.82|
|A$ 250||NZ$ 272.05|
|A$ 500||NZ$ 544.10|
|A$ 1,000||NZ$ 1,088|
|A$ 2,000||NZ$ 2,176|
|A$ 5,000||NZ$ 5,441|
|A$ 10,000||NZ$ 10,882|
|A$ 50,000||NZ$ 54,410|
|A$ 100,000||NZ$ 108,820|
To calculate other AUD/NZD amounts try our home-page Convert AUD to NZD quick converter.
Comparing Retail Exchange Rates
The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.
Country Guides - NZ Dollar
|New Zealand (NZD)||Cook Islands (NZD)||Niue (NZD)|
|Pitcairn (NZD)||Tokelau (NZD)|
Australian Dollar - NZ Dollar Forecasting
National Australia Bank (NAB) have revised upwards their Aussie/Kiwi dollar forecasts now expecting the AUD/NZD rate at NZ$1.09 by June 2022, up from their previous forecast of NZ$1.06.
For 2020, NAB sees the Australian dollar at NZ$1.09 by year-end, down a little from the previous predicted NZ$1.10.
Although New Zealand has nearly eliminated COVID-19 and wound back restrictions, its international borders are likely to be closed until 2021. This means the economy will be slower to rebound as its reliance on tourism outweighs that of major counterparts. Despite the New Zealand economy’s reliance on tourism, the NZD has been well supported by positive risk sentiment, higher NZ–US short term yields and robust commodity prices. August Currency Update
Read more about FX Broker and Bank analysts' predictions for AUD to NZD future trends in our blog article AUD to NZD Broker & Bank Forecasts.
How to get Best AUD to NZD Exchange Rates
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).
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.
What is a good AUD to NZD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Australian Dollar vs NZ Dollar current value is to look the AUD/NZD historic rate and change over a range of periods.
The following table looks at the change in the AUD to NZD exchange rate over periods from the previous week back to the last 10 years.
|04 Aug 2020 : 1.0798||0.5% ▲||1 Week|
|12 Jul 2020 : 1.0575||2.7% ▲||30 Days|
|13 May 2020 : 1.0762||0.9% ▲||90 Days|
|12 Aug 2019 : 1.0478||3.6% ▲||1 Year|
|13 Aug 2015 : 1.1218||3.2% ▼||5 Years|
|14 Aug 2010 : 1.2651||14.2% ▼||10 Years|
When is the best time to exchange AUD to NZD?
Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.
Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.