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GBP/NZD - Rate Guide

British Pound Sterling 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.

 

GBP/NZD Exchange Rates and Providers Compared

This guide to the British Pound Sterling to New Zealand Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP 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 GBP/NZD Calculator.

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GBP/NZD - 90 Day Rate Alerts

1 GBP = 1.9761 NZD

14-DAY UP 3.9%
GBP/NZD over the last 90 days

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

 
Foreign Transfer ProvidersReceive NZD($)Exchange RateFee GBPTotal CostDeal Links
TorFX logo
9,724.5 NZD
Best Overall
1.944901.61%
OFX logo
9,805 NZD
81 NZD
1.961£0^0.8%
WorldFirst logo
9,834.5 NZD
110 NZD
1.966900.5%
HSBC logo
9,530.18 NZD
194 NZD
1.9089£7.53.58%
Natwest Bank logo
9,476.98 NZD
248 NZD
1.9011154.12%
Citibank International Money Transfers
Citibank logo
9,433.8 NZD
291 NZD
1.8913124.55%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
9,432 NZD
292 NZD
1.8921154.57%
Santander International Money Transfers
Santander logo
9,379.83 NZD
345 NZD
1.8835205.1%
Lloyds TSB logo
9,340.99 NZD
384 NZD
1.8757205.49%
 

TorFX logo

TorFX: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:
Exchange Rate:1.9449 (1.61% from mid-rate)
To Amount:9,724.5 NZD
Total Cost:1.61%
Time:16:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.9610 (0.8% from mid-rate)
To Amount:9,805 NZD
Total Cost:0.8%
Difference:
81 NZD more than using TorFX
Time:
Rate Fetched: 16:20 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 GBP→NZD
From Amount:5,000 GBP
Fee:
Exchange Rate:1.9669 (0.5% from mid-rate)
To Amount:9,834.5 NZD
Total Cost:0.5%
Difference:
110 NZD more than using TorFX
Time:16:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:1.9089 (3.43% from mid-rate)
To Amount:9,530.18 NZD
Total Cost:3.58%
Difference:
194 NZD less than using TorFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:15
Exchange Rate:1.9011 (3.83% from mid-rate)
To Amount:9,476.98 NZD
Total Cost:4.12%
Difference:
248 NZD less than using TorFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:12
Exchange Rate:1.8913 (4.33% from mid-rate)
To Amount:9,433.8 NZD
Total Cost:4.55%
Difference:
291 NZD less than using TorFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:15
Exchange Rate:1.8777 (5.01% from mid-rate)
To Amount:9,432 NZD
Total Cost:4.57%
Difference:
292 NZD less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logo

Santander: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:20
Exchange Rate:1.8835 (4.72% from mid-rate)
To Amount:9,379.83 NZD
Total Cost:5.1%
Difference:
345 NZD less than using TorFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logo

Lloyds TSB: Foreign Transfer GBP→NZD
From Amount:5,000 GBP
Fee:20
Exchange Rate:1.8757 (5.11% from mid-rate)
To Amount:9,340.99 NZD
Total Cost:5.49%
Difference:
384 NZD less than using TorFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - 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($)Exchange RateFee GBPTotal CostDeal Links
Post Office Money Foreign Currency
Post Office Money logo
1,894.3 NZD
Best Overall
1.894304.17%
Citibank Foreign Currency
Citibank logo
1,860.21 NZD
34 NZD
1.879£105.9%
Travelex Online UK logo
1,857.8 NZD
36 NZD
1.8578£0^6.02%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,844 NZD
50 NZD
1.8647£106.73%
Lloyds TSB logo
1,841.3 NZD
53 NZD
1.8599£106.85%
Santander Foreign Currency
Santander logo
1,841.3 NZD
53 NZD
1.8599£106.85%
Natwest Bank logo
1,832 NZD
62 NZD
1.8599£157.32%
 

Post Office Money logo

Post Office Money: Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:0
Exchange Rate:1.8943 (4.17% from mid-rate)
To Amount:1,894.3 NZD
Total Cost:4.17%
Time:16:20 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.8790 (4.95% from mid-rate)
To Amount:1,860.21 NZD
Total Cost:5.9%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Travelex Online UK logo

Travelex Online UK: Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.8578 (6.02% from mid-rate)
To Amount:1,857.8 NZD
Total Cost:6.02%
Time:
Rate Fetched: Mon Sep 23 2019 16:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.8599 (5.91% from mid-rate)
To Amount:1,844 NZD
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.8599 (5.91% from mid-rate)
To Amount:1,841.3 NZD
Total Cost:6.85%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.8599 (5.91% from mid-rate)
To Amount:1,841.3 NZD
Total Cost:6.85%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→NZD
From Amount:1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.8599 (5.91% from mid-rate)
To Amount:1,832 NZD
Total Cost:7.32%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

GBP / NZD converter & margin calculator

£GBP
$NZD
mid-rates

Compare how much you can save on GBP/NZD exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

New Zealand Dollar

1 GBP 1.9761 NZD
5 GBP 9.8805 NZD
10 GBP 19.76 NZD
20 GBP 39.52 NZD
50 GBP 98.81 NZD
100 GBP 197.61 NZD
250 GBP 494.03 NZD
500 GBP 988.05 NZD
1,000 GBP 1,976.10 NZD
2,000 GBP 3,952.20 NZD
5,000 GBP 9,880.50 NZD
10,000 GBP 19,761.00 NZD
50,000 GBP 98,805.00 NZD
100,000 GBP 197,610.00 NZD
See more

British Pound Sterling

New Zealand Dollar

0.5060 GBP 1 NZD
2.5300 GBP 5 NZD
5.0600 GBP 10 NZD
10.12 GBP 20 NZD
25.30 GBP 50 NZD
50.60 GBP 100 NZD
126.50 GBP 250 NZD
253.00 GBP 500 NZD
506.00 GBP 1,000 NZD
1,012.00 GBP 2,000 NZD
2,530.00 GBP 5,000 NZD
5,060.00 GBP 10,000 NZD
25,300.00 GBP 50,000 NZD
50,600.00 GBP 100,000 NZD
See more
Country Guides (GBP & NZD)
United KingdomUnited Kingdom (GBP)New ZealandNew Zealand (NZD)Cook IslandsCook Islands (NZD)
GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)JerseyJersey (GBP)
NiueNiue (NZD)PitcairnPitcairn (NZD)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)
TokelauTokelau (NZD)

GBP/NZD - Historical Trends

This table shows historic rates and trends of British Pound Sterling to New Zealand Dollar over periods upto 10 years.

PeriodChange*GBP/NZDDate
1 Day+0.2%1.989919 Sep 2019
7 Day+1.6%1.961313 Sep 2019
30 Day+5.2%1.893921 Aug 2019
3 Month+3.1%1.933022 Jun 2019
1 Year+0.3%1.986320 Sep 2018
5 Year-0.4%2.001321 Sep 2014
10 Year-12.1%2.268222 Sep 2009

*For period to 20-Sep 21UTC when GBP/NZD was 1.9931

You can use our GBP interactive charts to check GBPNZD historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and NZD in the Markets

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

 

British Pound Sterling (GBP)

Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP 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 GBP/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 GBP / 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 GBP Exchange Rates