NZD to AUD mid-rate = 0.9423
Right now the NZD/AUD market mid-rate is 0.9423 and represents ideally how many Australian Dollar you can get for one New Zealand Dollar.
You can calculate equivalent New Zealand Dollar to Australian Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for NZD to AUD transfers or buying AUD travel money.
NZD / AUD Converter
0.9423 Australian Dollar
Compare how much you can save on
NZD/AUD exchange rates for:
| AUD Country Guides | ||
|---|---|---|
 Australia |  Christmas Island |  Cocos Keeling Islands |
 Heard And McDonald Islands |  Kiribati |  Nauru |
 Norfolk Island |  Tuvalu |
New Zealand Dollar to Australian Dollar (NZD-AUD) - 10 Year History
The below table shows the historic variation in the NZD/AUD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of NZD versus other currencies : NZD historical charts.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 21 Jan 2019 | 0.9405 | Latest | |
| 14 Jan 2019 | 0.9482 | 1 Week | -0.81% |
| 22 Dec 2018 | 0.9537 | 1 Month | -1.38% |
| 25 Jul 2018 | 0.9175 | 6 Months | +2.51% |
| 21 Jan 2018 | 0.9107 | 1 Year | +3.27% |
| 21 Jan 2017 | 0.9485 | 2 Years | -0.84% |
| 22 Jan 2014 | 0.9388 | 5 Years | +0.18% |
| 23 Jan 2009 | 0.8081 | 10 Years | +16.38% |
Best Rates for NZD/AUD Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from NZD to AUD.
Foreign Transfers - Exchange Rate Comparison
| Foreign Transfer Providers Ratings & Reviews | Receive AUD($) | Exchange Rate | Fee NZD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
  OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More▾ | 9,329 AUD Value & Rating | 0.9329 | 0^ | 0.96% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate      Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 9,059 AUD $270 less | 0.9106 | 22 | 3.83% | Online, Branch, Bank Transfers | 2-3 days |
The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.
Travel Money - Exchange Rate Comparison
| Travel Money Providers Ratings & Reviews | Amount AUD($) | Exchange Rate | Fee NZD | Total Cost | Currency Services | Delivery/Collect | Deal Links |
|---|---|---|---|---|---|---|---|
 Get great travel money rates from Travelex when you order online. More▾ | 920.20 AUD Value & Rating | 0.9202 | 0^ | 2.3% | Online order, Branch pickup, Home delivery | 2-3 days | |
Banks - Average Rate Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 880.03 AUD $40 less | 0.8904 | $10 | 6.57% | Branch | - |
OrderWhy can't I just get the NZD/AUD market rate I see on Google or in the Media?
The NZD/AUD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the NZD / AUD was traded (bought or sold) in the international markets.
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.
The closer your final exchange rate is to the market NZD/AUD midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good NZD to AUD exchange rate
- Know the latest NZD/AUD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for New Zealand Dollar and Australian Dollar
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the NZD vs AUD, you should pay attention to both New Zealand Dollar and Australian Dollar news and forecasts.
New Zealand Dollar (NZD) - Market news and forecasts
22-December-18: Of late, the 2019 outlook for the New Zealand dollar has taken a turn for the worse. Late in 2018, traders began to speculate that the next move by the RBNZ (probably still a year away or more) might be a rate cut, rather than a hike. A slowdown in global growth was expected and traders sought safer currencies amid a 20 percent October-December fall in US equity markets. December’s NZ GDP report also came in way below economists’ expectations.
In the weeks leading up to this report, the kiwi lost close to 4 percent of its value against both the US dollar and euro, to respective rates of $0.67 and €0.59, and it lost 5.5 percent against the yen, to ¥74.55. Year-to-date values versus the dollar, euro and yen at the time of writing were -5.4, -0.2 and -6.7 percent respectively.
In December, the team at TradingEconomics.com were forecasting NZD/USD 4.4 percent lower 12 months ahead, at $0.64.
Australian Dollar (AUD) - Market news and forecasts
17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.
By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.
Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.
One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”
In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.
