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GBP to NZD - Best Rates Guide

We review Pound Sterling to NZ Dollar latest & historic FX rates along with recent GBP/NZD Trend and Alerts.

 

Latest wholesale rate

1 GBP = 1.9008 NZD
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Pound Sterling to NZ Dollar
- Trend & Alerts

GBPNZD at 1.8997 is 2.1% below its 90-DAY average, range 1.8944-1.9854.
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4-DAY1.5% (2d)90-DAY-LOW
 
GBP to NZD chart

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Comparing GBP to NZD Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/NZD rate (aka interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for GBP to NZD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Pound Sterling to NZ Dollar - Quick Conversions

GBP NZD
£ 1 NZ$ 1.9008
£ 5 NZ$ 9.5040
£ 10 NZ$ 19.01
£ 20 NZ$ 38.02
£ 50 NZ$ 95.04
£ 100 NZ$ 190.08
£ 250 NZ$ 475.20
£ 500 NZ$ 950.40
£ 1,000 NZ$ 1,901
£ 2,000 NZ$ 3,802
£ 5,000 NZ$ 9,504
£ 10,000 NZ$ 19,008
£ 50,000 NZ$ 95,040
£ 100,000 NZ$ 190,080
More amounts
GBP NZD
£ 0.5261 NZ$ 1
£ 2.6305 NZ$ 5
£ 5.2610 NZ$ 10
£ 10.52 NZ$ 20
£ 26.31 NZ$ 50
£ 52.61 NZ$ 100
£ 131.53 NZ$ 250
£ 263.05 NZ$ 500
£ 526.10 NZ$ 1,000
£ 1,052 NZ$ 2,000
£ 2,631 NZ$ 5,000
£ 5,261 NZ$ 10,000
£ 26,305 NZ$ 50,000
£ 52,610 NZ$ 100,000
More amounts

To calculate other GBP/NZD FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate GBP to NZD .

Pound Sterling and NZ Dollar - Market News

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.

Pound Sterling (GBP)

In the 2nd half of August market analysts started forecasting risk to the downside for the pound from US 1.33 given the tight 7 week deadline for Brexit combined with the drop in domestic demand due to the pandemic.

US dollar weakness has helped the embattled pound continue its recovery off June and early July lows. Despite this brief upturn, the outlook remains pessimistic as Brexit uncertainty and questions over the economy’s ability to rebound after the pandemic weigh on the currency.

In late July pound sterling is heading back towards US1.30 due to US dollar weakness. This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years (below US1.16) in March as traders sought the safety of the USD.

The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

NZ Dollar (NZD)

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.

 

 

Country Guides - NZ Dollar

 
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PitcairnPitcairn (NZD)TokelauTokelau (NZD)
     

How to get Best GBP to NZD Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

What is a good GBP 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 Pound Sterling vs NZ Dollar current value is to look the GBP/NZD historic rate and change over a range of periods.

The following table looks at the change in the GBP to NZD exchange rate over periods from the previous week back to the last 10 years.

GBP/NZD : DateChangePeriod
1.9155
22 Nov 2020
1.1% ▼1 Week
1.9577
30 Oct 2020
3.2% ▼30 Days
1.9850
31 Aug 2020
4.6% ▼90 Days
2.0131
30 Nov 2019
5.9% ▼1 Year
2.2592
01 Dec 2015
16.1% ▼5 Years
2.0707
02 Dec 2010
8.5% ▼10 Years

GBP/NZD 10 year historic rates & change to 29-Nov-2020 : 1.8944

 
   

Will the Pound Sterling rise against the NZ Dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/NZD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

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.