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EUR to NZD - Rate Guide

Euro 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.

 

EUR/NZD update & alerts

1 EUR = 1.6772 NZD

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EUR to NZD - Trading Range (90 Day)
14-DAY HIGH (1d)
EUR/NZD at 1.6768 is trading 2% below the 90-day average 1.711 with a range 1.6642 to 1.7598. There are no current rate alerts.
16-Jan-2020 16:NY 21:LON 08:SYD+1d

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EUR/NZD Exchange Rates and Providers Compared

This guide to the Euro to New Zealand Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR 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 EUR/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 EUR/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

EUR to NZD International Money Transfers

  

Foreign Transfer ProvidersReceive NZD(NZ$)Exchange RateFee EURTotal CostDeal Links
OFX logo
NZ$8,315.5
Best Overall
1.66310 for BER users (normally $15)0.8%
WorldFirst logo
NZ$8,340.5
NZ$25 more
1.668100.5%
TorFX logo
NZ$8,240.5
NZ$75 less
1.648101.69%
HSBC logo
NZ$8,075.37
NZ$240 less
1.6175€7.53.66%
Deutsche Bank International Money Transfers
Deutsche Bank logo
NZ$7,998.71
NZ$317 less
1.6159€504.58%
Citibank International Money Transfers
Citibank logo
NZ$7,993.77
NZ$322 less
1.6026124.64%
Santander International Money Transfers
Santander logo
NZ$7,948.08
NZ$367 less
1.596205.18%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
NZ$7,927
NZ$388 less
1.5968125.44%
Bank of Ireland International Money Transfers
Bank of Ireland logo
NZ$7,900.2
NZ$415 less
1.596€505.75%
Crédit Agricole International Money Transfers
Crédit Agricole logo
NZ$7,843.28
NZ$472 less
1.5845€506.43%
BNP Paribas International Money Transfers
BNP Paribas logo
NZ$7,842.29
NZ$473 less
1.5843€506.44%
AIB Bank International Money Transfers
AIB Bank logo
NZ$7,810.61
NZ$505 less
1.5779€506.82%
 
OFX logo
OFX: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:0 for BER users (normally $15)
Exchange Rate:1.6631 (0.8% from mid-rate)
To Amount (NZD) NZ$8,315.5
Total Cost:0.8%
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:
Exchange Rate:1.6681 (0.5% from mid-rate)
To Amount (NZD) NZ$8,340.5
Total Cost:0.5%
Difference:
NZ$25 NZD more than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:0
Exchange Rate:1.6481 (1.69% from mid-rate)
To Amount (NZD) NZ$8,240.5
Total Cost:1.69%
Difference:
NZ$75 NZD less than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:€7.5 EUR (.15%)
Exchange Rate:1.6175 (3.52% from mid-rate)
To Amount (NZD) NZ$8,075.37
Total Cost:3.66%
Difference:
NZ$240 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Deutsche Bank logo
Deutsche Bank: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.6159 (3.61% from mid-rate)
To Amount (NZD) NZ$7,998.71
Total Cost:4.58%
Difference:
NZ$317 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:1.6026 (4.41% from mid-rate)
To Amount (NZD) NZ$7,993.77
Total Cost:4.64%
Difference:
NZ$322 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Santander logo
Santander: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:20
Exchange Rate:1.5960 (4.8% from mid-rate)
To Amount (NZD) NZ$7,948.08
Total Cost:5.18%
Difference:
NZ$367 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:1.5911 (5.09% from mid-rate)
To Amount (NZD) NZ$7,927
Total Cost:5.44%
Difference:
NZ$388 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of Ireland logo
Bank of Ireland: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5960 (4.8% from mid-rate)
To Amount (NZD) NZ$7,900.2
Total Cost:5.75%
Difference:
NZ$415 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Crédit Agricole logo
Crédit Agricole: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5845 (5.49% from mid-rate)
To Amount (NZD) NZ$7,843.28
Total Cost:6.43%
Difference:
NZ$472 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
BNP Paribas logo
BNP Paribas: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5843 (5.5% from mid-rate)
To Amount (NZD) NZ$7,842.29
Total Cost:6.44%
Difference:
NZ$473 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
AIB Bank logo
AIB Bank: Foreign Transfer EUR→NZD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5779 (5.88% from mid-rate)
To Amount (NZD) NZ$7,810.61
Total Cost:6.82%
Difference:
NZ$505 NZD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/17/2020 - 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.

  

New Zealand dollar Travel Money

  

Travel Money ProvidersAmount NZD(NZ$)Exchange RateFee EURTotal CostDeal Links
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
NZ$1,497.57
Compare
1.5127€1010.67%
 
Sparkasse Bank logo
Sparkasse Bank: Travel Money EUR→NZD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:1.5127 (9.77% from mid-rate)
To Amount (NZD) NZ$1,497.57
Total Cost:10.67%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 01/17/2020 - See full table

EUR and NZD in the Markets

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

Euro (EUR)

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar.

Read more in the article EUR Forecasts.

 

New Zealand Dollar (NZD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Kiwi had made coming into the New Year.

In December the New Zealand dollar has climbed back to US$0.66 it's highest value since July.

Against the Australian dollar, jumped to A$0.96 after being as low as A$0.92 in early November before starting a strong recovery upto current levels above A$0.95.

Robbing New Zealand's currency of better gains in 2019 have been 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.

For more details read the full article NZ dollar news and forecasts.

Read more in the article NZD Forecasts.

Why can't I just get the EUR/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 EUR / 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 EUR Exchange Rates