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NZD to CAD - Rate Guide

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.

 

NZD/CAD update & alerts

1 NZD = 0.8686 CAD

Sell NZD - Buy CAD  Invert

NZD to CAD - Trading Range (90 Day)
30-DAY LOW (2d)
NZD/CAD at 0.8667 is trading 1.3% above the 90-day average 0.8552 with a range 0.8289 to 0.8788. There are no current rate alerts.
23-Jan-2020 16:NY 21:LON 08:SYD+1d

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NZD/CAD Exchange Rates and Providers Compared

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

 
Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee NZDTotal CostDeal Links
WorldFirst logo
C$8,643
Best Overall
0.864300.5%
OFX logo
C$8,617
C$26 less
0.86170^0.79%
XE logo
C$8,636
C$7 less
0.863600.58%
ASB Bank International Money Transfers
ASB Bank logo
C$8,363.04
C$280 less
0.8384253.72%
HSBC logo
C$8,354.45
C$289 less
0.8367NZ$153.82%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
C$8,286
C$357 less
0.8329224.6%
ANZ Bank logo
C$8,283.06
C$360 less
0.8298184.64%
TSB Bank International Money Transfers
TSB Bank logo
C$8,231.85
C$411 less
0.8315NZ$1005.23%
BNZ Bank International Money Transfers
BNZ Bank logo
C$8,198.19
C$445 less
0.8281NZ$1005.62%
 
WorldFirst logo
WorldFirst: Foreign Transfer NZD→CAD
From Amount (NZD)NZ$10,000
Fee:
Exchange Rate:0.8643 (0.5% from mid-rate)
To Amount (CAD) C$8,643
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→CAD
From Amount (NZD)NZ$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.8617 (0.79% from mid-rate)
To Amount (CAD) C$8,617
Total Cost:0.79%
Difference:
C$26 CAD 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→CAD
From Amount (NZD)NZ$10,000
Fee:0
Exchange Rate:0.8636 (0.58% from mid-rate)
To Amount (CAD) C$8,636
Total Cost:0.58%
Difference:
C$7 CAD 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→CAD
From Amount (NZD)NZ$10,000
Fee:25
Exchange Rate:0.8384 (3.48% from mid-rate)
To Amount (CAD) C$8,363.04
Total Cost:3.72%
Difference:
C$280 CAD 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→CAD
From Amount (NZD)NZ$10,000
Fee:NZ$15 NZD (.15%)
Exchange Rate:0.8367 (3.67% from mid-rate)
To Amount (CAD) C$8,354.45
Total Cost:3.82%
Difference:
C$289 CAD 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→CAD
From Amount (NZD)NZ$10,000
Fee:22
Exchange Rate:0.8252 (5% from mid-rate)
To Amount (CAD) C$8,286
Total Cost:4.6%
Difference:
C$357 CAD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
ANZ Bank logo
ANZ Bank: Foreign Transfer NZD→CAD
From Amount (NZD)NZ$10,000
Fee:18
Exchange Rate:0.8298 (4.47% from mid-rate)
To Amount (CAD) C$8,283.06
Total Cost:4.64%
Difference:
C$360 CAD 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→CAD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.8315 (4.27% from mid-rate)
To Amount (CAD) C$8,231.85
Total Cost:5.23%
Difference:
C$411 CAD 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→CAD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.8281 (4.66% from mid-rate)
To Amount (CAD) C$8,198.19
Total Cost:5.62%
Difference:
C$445 CAD less than using WorldFirst
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/24/2020 - 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 CAD(C$)Exchange RateFee NZDTotal CostDeal Links
ASB Bank Foreign Currency
ASB Bank logo
C$825.56
Compare
0.8339NZ$104.96%
 
ASB Bank logo
ASB Bank: Travel Money NZD→CAD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.8339 (3.99% from mid-rate)
To Amount (CAD) C$825.56
Total Cost:4.96%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 01/24/2020 - See full table

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 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.

 

Canadian Dollar (CAD)

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

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents 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.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

For more details read the full article Canadian dollar news and forecasts.

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