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NZD to AUD - Rate Guide

New Zealand Dollar to Australian 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.

 

NZD/AUD update & alerts

1 NZD = 0.9619 AUD

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NZD to AUD - Trading Range (90 Day)
14-DAY LOW (2d)
NZD/AUD at 0.9619 is trading 1.7% above the 90-day average 0.9461 with a range 0.923 to 0.9685. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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NZD/AUD Exchange Rates and Providers Compared

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

 
Foreign Transfer ProvidersReceive AUD(A$)Exchange RateFee NZDTotal CostDeal Links
WorldFirst logo
A$9,571
Best Overall
0.957100.5%
OFX logo
A$9,542
A$29 less
0.95420^0.8%
XE logo
A$9,563
A$8 less
0.956300.58%
ASB Bank International Money Transfers
ASB Bank logo
A$9,236.85
A$334 less
0.926253.97%
HSBC logo
A$9,227.14
A$344 less
0.9241NZ$154.07%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
A$9,152
A$419 less
0.9199224.86%
ANZ Bank logo
A$9,148.5
A$422 less
0.9165184.89%
TSB Bank International Money Transfers
TSB Bank logo
A$9,092.16
A$479 less
0.9184NZ$1005.48%
BNZ Bank International Money Transfers
BNZ Bank logo
A$9,054.54
A$516 less
0.9146NZ$1005.87%
 
WorldFirst logo
WorldFirst: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:
Exchange Rate:0.9571 (0.5% from mid-rate)
To Amount (AUD) A$9,571
Total Cost:0.5%
Time:6:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.9542 (0.8% from mid-rate)
To Amount (AUD) A$9,542
Total Cost:0.8%
Difference:
A$29 AUD less than using WorldFirst
Time:
Rate Fetched: 6:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:0
Exchange Rate:0.9563 (0.58% from mid-rate)
To Amount (AUD) A$9,563
Total Cost:0.58%
Difference:
A$8 AUD less than using WorldFirst
Time:6:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
ASB Bank logo
ASB Bank: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:25
Exchange Rate:0.9260 (3.73% from mid-rate)
To Amount (AUD) A$9,236.85
Total Cost:3.97%
Difference:
A$334 AUD less than using WorldFirst
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:NZ$15 NZD (.15%)
Exchange Rate:0.9241 (3.93% from mid-rate)
To Amount (AUD) A$9,227.14
Total Cost:4.07%
Difference:
A$344 AUD less than using WorldFirst
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:22
Exchange Rate:0.9138 (5% from mid-rate)
To Amount (AUD) A$9,152
Total Cost:4.86%
Difference:
A$419 AUD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
ANZ Bank logo
ANZ Bank: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:18
Exchange Rate:0.9165 (4.72% from mid-rate)
To Amount (AUD) A$9,148.5
Total Cost:4.89%
Difference:
A$422 AUD less than using WorldFirst
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
TSB Bank logo
TSB Bank: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.9184 (4.52% from mid-rate)
To Amount (AUD) A$9,092.16
Total Cost:5.48%
Difference:
A$479 AUD less than using WorldFirst
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
BNZ Bank logo
BNZ Bank: Foreign Transfer NZD→AUD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.9146 (4.92% from mid-rate)
To Amount (AUD) A$9,054.54
Total Cost:5.87%
Difference:
A$516 AUD less than using WorldFirst
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/18/2020 - 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.

Travel Money ProvidersAmount AUD(A$)Exchange RateFee NZDTotal CostDeal Links
ASB Bank Foreign Currency
ASB Bank logo
A$914.17
Compare
0.9234NZ$104.96%
 
ASB Bank logo
ASB Bank: Travel Money NZD→AUD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.9234 (4% from mid-rate)
To Amount (AUD) A$914.17
Total Cost:4.96%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 01/18/2020 - See full table

NZDAUD blended flags

NZD and AUD in the Markets

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

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.

 

Australian Dollar (AUD)

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

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

Why can't I just get the NZD/AUD 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 NZD / AUD 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.

NZDAUD blended flags

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 NZD Exchange Rates