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INR to NZD - Exchange Rates

Indian Rupee to NZ 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.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 INR = 0.021627 NZD

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INR to NZD 90-Day Trend
ALERT:4-DAY3% 🔔|
INR/NZD at 0.021653 was trading 0.4% below AVG:0.021743 with LO:0.020841 and HI:0.023452 (90 days). ALERT: INR/NZD is DOWN 3% this 4-DAY period.
10-APR 2AM-NY 7AM-LON 2PM-HK 4PM-SYD

Convert INR to NZD More Charts


Quick Conversions from Indian Rupee to NZ Dollar

INR NZD
₹ 1 NZ$ 0.0216
₹ 5 NZ$ 0.1081
₹ 10 NZ$ 0.2163
₹ 20 NZ$ 0.4325
₹ 50 NZ$ 1.0814
₹ 100 NZ$ 2.1627
₹ 250 NZ$ 5.4068
₹ 500 NZ$ 10.81
₹ 1,000 NZ$ 21.63
₹ 2,000 NZ$ 43.25
₹ 5,000 NZ$ 108.14
₹ 10,000 NZ$ 216.27
₹ 50,000 NZ$ 1,081
₹ 100,000 NZ$ 2,163
More amounts
INR NZD
46.24 NZ$ 1
231.20 NZ$ 5
462.40 NZ$ 10
924.80 NZ$ 20
2,312 NZ$ 50
4,624 NZ$ 100
11,560 NZ$ 250
23,120 NZ$ 500
46,240 NZ$ 1,000
92,480 NZ$ 2,000
231,200 NZ$ 5,000
462,400 NZ$ 10,000
2,312,000 NZ$ 50,000
4,624,000 NZ$ 100,000
More amounts

To calculate your own INR/NZD amounts use our Convert INR to NZD quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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 INR/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

INR to NZD International Money Transfers

  

Foreign Transfer Provider Receive NZD(NZ$) Exchange RateFee INRDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
NZ$207.12
4.56%
0.020921₹100
Banks - Average Rate
Indian Bank logo ICICI Bank logo
NZ$206.58
4.81%
0.02086715
Indian Bank International Money Transfers
Indian Bank logo
NZ$206.04
5.06%
0.020812₹100
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→NZD
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.020921 (3.6% from mid-rate)
To Amount (NZD) NZ$207.12
Total Cost:4.56%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→NZD
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.020400 (6% from mid-rate)
To Amount (NZD) NZ$206.58
Total Cost:4.81%
Difference:
NZ$0.54 NZD less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→NZD
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.020812 (4.1% from mid-rate)
To Amount (NZD) NZ$206.04
Total Cost:5.06%
Difference:
NZ$1.08 NZD less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/10/2020 - View latest rates
 

Country Guides (INR & NZD)

New ZealandNew Zealand (NZD)IndiaIndia (INR)Cook IslandsCook Islands (NZD)
NiueNiue (NZD)PitcairnPitcairn (NZD)TokelauTokelau (NZD)

INR and NZD in the Markets

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

Indian Rupee (INR)

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

In 2019 the rupee did remarkably well despite a 35 percent rise in the oil price last year (oil is India's largest import).

In early May 2019, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of 2018.

Read more in the article INR Forecasts.

 

NZ Dollar (NZD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also 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.

Read more in the article NZD Forecasts.


How to get Best INR 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.

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 INR to NZD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the INR to NZD exchange rate to the present day for periods going back upto 10 years.

PeriodINR/NZDDate
1 Day0.022130 Mar 2020
7 Day0.022624 Mar 2020
30 Day0.022301 Mar 2020
3 Month0.020801 Jan 2020
1 Year0.021301 Apr 2019
5 Year0.021402 Apr 2015
10 Year0.031603 Apr 2010

When is the best time to exchange INR 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.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all INR Exchange Rates