₹100 INR
=
NZ$2.1911 NZD
Amounts converted at interbank mid-rate of 0.021911, see foreign transfers and travel money for available rates.
1 INR = 0.021911 NZD
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What's in this Indian Rupee to NZ Dollar guide?
To calculate specific INR/NZD amounts use our Convert INR to NZD quick calculator.
Comparing Foreign Exchange Providers
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.
The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for INR/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.
| Foreign Transfer Providers | Receive NZD(NZ$) | Exchange Rate | Fee INR | Total Cost | Deal Links |
|---|---|---|---|---|---|
Banks - Average Rate   Banks Average - Click logo for rate | 208.57 NZ$ | 0.021068 | 15 | 4.81% |
Country Guides (INR & NZD)
 New Zealand (NZD) |  India (INR) |  Cook Islands (NZD) |
 Niue (NZD) |  Pitcairn (NZD) |  Tokelau (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)
The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).
In early May, 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 last year.
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.
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.
We help you Save Money on Exchange Rates.
View all INR Exchange Rates
