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NZD/CAD - Convert Compare Save

New Zealand Dollar to Canadian 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 Canadian Dollar exchange rate, has news, forecasts and NZD to CAD 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/CAD 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/CAD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee NZDTotal CostDeal Links
OFX logo
8,737 CAD
Best Overall
0.87370^0.79%
ASB Bank International Money Transfers
ASB Bank logo
8,481.74 CAD
255 CAD
0.8503253.69%
HSBC logo
8,473.27 CAD
264 CAD
0.8486$153.79%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
8,404 CAD
333 CAD
0.8448224.57%
ANZ Bank logo
8,401.85 CAD
335 CAD
0.8417184.6%
TSB Bank International Money Transfers
TSB Bank logo
8,349.66 CAD
387 CAD
0.8434$1005.19%
BNZ Bank International Money Transfers
BNZ Bank logo
8,315.01 CAD
422 CAD
0.8399$1005.59%
 
OFX: Foreign Transfer NZD→CAD
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.8737 (0.79% from mid-rate)
CAD amount:8,737 CAD
Total Cost:0.79%
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:
 

ASB Bank logoASB Bank

ASB Bank: Foreign Transfer NZD→CAD
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:0.8503 (3.45% from mid-rate)
CAD amount:8,481.74 CAD
Total Cost:3.69%
Difference:
255 CAD 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→CAD
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:0.8486 (3.64% from mid-rate)
CAD amount:8,473.27 CAD
Total Cost:3.79%
Difference:
264 CAD 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→CAD
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:0.8367 (5% from mid-rate)
CAD amount:8,404 CAD
Total Cost:4.57%
Difference:
333 CAD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer NZD→CAD
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:0.8417 (4.43% from mid-rate)
CAD amount:8,401.85 CAD
Total Cost:4.6%
Difference:
335 CAD 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→CAD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.8434 (4.24% from mid-rate)
CAD amount:8,349.66 CAD
Total Cost:5.19%
Difference:
387 CAD 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→CAD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.8399 (4.63% from mid-rate)
CAD amount:8,315.01 CAD
Total Cost:5.59%
Difference:
422 CAD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/23/2019 - 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 CAD(C$)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
853.60 CAD
Best Overall
0.85360^3.08%
ASB Bank Foreign Currency
ASB Bank logo
837.05 CAD
17 CAD
0.8455$104.96%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
822.83 CAD
31 CAD
0.8325$106.57%
TSB Bank Foreign Currency
TSB Bank logo
818.63 CAD
35 CAD
0.8269$107.05%
BNZ Bank Foreign Currency
BNZ Bank logo
812.82 CAD
41 CAD
0.8252$157.71%
Travelex Online NZ: Travel Money NZD→CAD
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.8536 (3.08% from mid-rate)
CAD amount:853.60 CAD
Total Cost:3.08%
Time:
Rate Fetched: Tue Jul 23 2019 16:45:06 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→CAD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8455 (4% from mid-rate)
CAD amount:837.05 CAD
Total Cost:4.96%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→CAD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8371 (4.95% from mid-rate)
CAD amount:822.83 CAD
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→CAD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8269 (6.11% from mid-rate)
CAD amount:818.63 CAD
Total Cost:7.05%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→CAD
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:0.8252 (6.3% from mid-rate)
CAD amount:812.82 CAD
Total Cost:7.71%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/23/2019 - See full table

NZD to CAD interbank exchange rate = 0.8795

 
 

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/CAD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

NZD and CAD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the NZD vs CAD, 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.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

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

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