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CAD to NZD - Rate Guide

Canadian 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.

 

CAD/NZD update & alerts

1 CAD = 1.1489 NZD

Sell CAD - Buy NZD  Invert

CAD to NZD - Trading Range (90 Day)
ALERTS: 1-DAY ▼ 1% 🔔 | 90-DAY LOWS 🔔 |
90-DAY TREND: At 1.1479 CAD/NZD is trading 3.3% below the average 1.1871 with a range 1.1479 to 1.2112. ALERTS: Today CAD/NZD is DOWN 1% and has also dropped to 90-DAY LOWS.
Update: 06-Dec 16:01-EST 21:01-GMT 08:01-AEDT(+1D)

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CAD/NZD Exchange Rates and Providers Compared

This guide to the Canadian Dollar to New Zealand Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and CAD to NZD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our CAD/NZD Quick Calculator.

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 CAD/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

CAD to NZD International Money Transfers

  

Foreign Transfer ProvidersReceive NZD(NZ$)Exchange RateFee CADTotal CostDeal Links
OFX logo
NZ$11,397
Best Overall
1.13970^0.8%
XE logo
NZ$11,345
NZ$52 less
1.134501.25%
HSBC logo
NZ$10,996
NZ$401 less
1.1013C$154.29%
TD Canada Trust logo
NZ$10,941
NZ$456 less
1.1052C$1004.77%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
NZ$10,914
NZ$483 less
1.1024C$1005%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo HSBC logo TD Canada Trust logo Royal Bank of Canada logo
NZ$10,909
NZ$488 less
1.1000155.05%
Scotiabank logo
NZ$10,903
NZ$494 less
1.1013C$1005.1%
Royal Bank of Canada logo
NZ$10,791
NZ$606 less
1.09C$1006.08%
 

OFX logo

OFX: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:1.1397 (0.8% from mid-rate)
To Amount (NZD) NZ$11,397
Total Cost:0.8%
Time:
Rate Fetched: 18:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

XE logo

XE: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:
Exchange Rate:1.1345 (1.25% from mid-rate)
To Amount (NZD) NZ$11,345
Total Cost:1.25%
Difference:
NZ$52 NZD less than using OFX
Time:18:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:C$15 CAD (.15%)
Exchange Rate:1.1013 (4.14% from mid-rate)
To Amount (NZD) NZ$10,996
Total Cost:4.29%
Difference:
NZ$401 NZD less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

TD Canada Trust logo

TD Canada Trust: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:1.1052 (3.8% from mid-rate)
To Amount (NZD) NZ$10,941
Total Cost:4.77%
Difference:
NZ$456 NZD less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logo

Coast Capital Savings: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:1.1024 (4.05% from mid-rate)
To Amount (NZD) NZ$10,914
Total Cost:5%
Difference:
NZ$483 NZD less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:15
Exchange Rate:1.0915 (5% from mid-rate)
To Amount (NZD) NZ$10,909
Total Cost:5.05%
Difference:
NZ$488 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Scotiabank logo

Scotiabank: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:1.1013 (4.14% from mid-rate)
To Amount (NZD) NZ$10,903
Total Cost:5.1%
Difference:
NZ$494 NZD less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logo

Royal Bank of Canada: Foreign Transfer CAD→NZD
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:1.0900 (5.13% from mid-rate)
To Amount (NZD) NZ$10,791
Total Cost:6.08%
Difference:
NZ$606 NZD less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 12/07/2019 - 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(NZ$)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
NZ$1,108.7
Best Overall
1.1087$03.5%
Royal Bank of Canada logo
NZ$1,084.3
NZ$24 less
1.084305.62%
TD Canada Trust logo
NZ$1,073.2
NZ$35 less
1.073206.59%
Banks - Average Rate
Scotiabank logo TD Canada Trust logo Royal Bank of Canada logo
NZ$1,070
NZ$39 less
1.0776C$106.83%
Scotiabank logo
NZ$1,053.89
NZ$55 less
1.0754C$208.27%
 

Travelex Online CA logo

Travelex Online CA: Travel Money CAD→NZD
From Amount (CAD)C$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.1087 (3.5% from mid-rate)
To Amount (NZD) NZ$1,108.7
Total Cost:3.5%
Time:
Rate Fetched: 18:06 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logo

Royal Bank of Canada: Travel Money CAD→NZD
From Amount (CAD)C$1,000
Fee:
Exchange Rate:1.0843 (5.62% from mid-rate)
To Amount (NZD) NZ$1,084.3
Total Cost:5.62%
Time:18:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logo

TD Canada Trust: Travel Money CAD→NZD
From Amount (CAD)C$1,000
Fee:
Exchange Rate:1.0732 (6.59% from mid-rate)
To Amount (NZD) NZ$1,073.2
Total Cost:6.59%
Time:18:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→NZD
From Amount (CAD)C$1,000
Fee:C$10 CAD (1%)
Exchange Rate:1.0053 (12.5% from mid-rate)
To Amount (NZD) NZ$1,070
Total Cost:6.83%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logo

Scotiabank: Travel Money CAD→NZD
From Amount (CAD)C$1,000
Fee:C$20 CAD (Minimum fee)
Exchange Rate:1.0754 (6.4% from mid-rate)
To Amount (NZD) NZ$1,053.89
Total Cost:8.27%
Time:18:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 12/07/2019 - See full table

CAD and NZD in the Markets

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

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD 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 CAD/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 CAD / 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.

We help you Compare & Save Money on Exchange Rates.

 

View all CAD Exchange Rates