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NZD/AUD - Convert Compare Save

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.

 

This resource page for the New Zealand Dollar to Australian Dollar exchange rate, has news, forecasts and NZD to AUD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

NZD/AUD Exchange Rates - How to Compare & Save

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
OFX logo
9,395 AUD
Best Overall
0.93950^0.8%
WorldFirst logo
9,424 AUD
29 AUD
0.942400.5%
XE logo
9,416 AUD
21 AUD
0.941600.58%
ASB Bank International Money Transfers
ASB Bank logo
9,137.1 AUD
258 AUD
0.916253.53%
HSBC logo
9,127.29 AUD
268 AUD
0.9141$153.63%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
9,053 AUD
342 AUD
0.9100224.41%
ANZ Bank logo
9,049.68 AUD
345 AUD
0.9066184.45%
TSB Bank International Money Transfers
TSB Bank logo
8,994.15 AUD
401 AUD
0.9085$1005.03%
BNZ Bank International Money Transfers
BNZ Bank logo
8,957.52 AUD
437 AUD
0.9048$1005.42%
 
OFX: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.9395 (0.8% from mid-rate)
AUD amount:9,395 AUD
Total Cost:0.8%
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:
Exchange Rate:0.9424 (0.5% from mid-rate)
AUD amount:9,424 AUD
Total Cost:0.5%
Difference:
29 AUD more than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
XE: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:0
Exchange Rate:0.9416 (0.58% from mid-rate)
AUD amount:9,416 AUD
Total Cost:0.58%
Difference:
21 AUD more than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:0.9160 (3.28% from mid-rate)
AUD amount:9,137.1 AUD
Total Cost:3.53%
Difference:
258 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:0.9141 (3.48% from mid-rate)
AUD amount:9,127.29 AUD
Total Cost:3.63%
Difference:
268 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:0.8997 (5% from mid-rate)
AUD amount:9,053 AUD
Total Cost:4.41%
Difference:
342 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:0.9066 (4.28% from mid-rate)
AUD amount:9,049.68 AUD
Total Cost:4.45%
Difference:
345 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

TSB Bank logoTSB Bank

TSB Bank: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.9085 (4.08% from mid-rate)
AUD amount:8,994.15 AUD
Total Cost:5.03%
Difference:
401 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→AUD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.9048 (4.47% from mid-rate)
AUD amount:8,957.52 AUD
Total Cost:5.42%
Difference:
437 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/23/2019 - 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 AUD(A$)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
924.20 AUD
Best Overall
0.92420^2.42%
ASB Bank Foreign Currency
ASB Bank logo
900.11 AUD
24 AUD
0.9092$104.96%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
884.87 AUD
39 AUD
0.8953$106.57%
TSB Bank Foreign Currency
TSB Bank logo
880.41 AUD
44 AUD
0.8893$107.04%
BNZ Bank Foreign Currency
BNZ Bank logo
874.09 AUD
50 AUD
0.8874$157.71%
Travelex Online NZ: Travel Money NZD→AUD
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.9242 (2.42% from mid-rate)
AUD amount:924.20 AUD
Total Cost:2.42%
Time:
Rate Fetched: Fri Aug 23 2019 16:45:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Travel Money NZD→AUD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.9092 (4% from mid-rate)
AUD amount:900.11 AUD
Total Cost:4.96%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→AUD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.9002 (4.95% from mid-rate)
AUD amount:884.87 AUD
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→AUD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8893 (6.1% from mid-rate)
AUD amount:880.41 AUD
Total Cost:7.04%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→AUD
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:0.8874 (6.3% from mid-rate)
AUD amount:874.09 AUD
Total Cost:7.71%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 08/23/2019 - See full table

NZD to AUD interbank exchange rate = 0.9482

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on NZD/AUD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

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 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.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

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. Westpac has predicted three cuts this year.

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