NZD to EUR mid-rate = 0.5925
Right now the NZD/EUR market mid-rate is 0.5925 and represents ideally how many Euro you can get for one New Zealand Dollar.
You can calculate equivalent New Zealand Dollar to Euro currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for NZD to EUR transfers or buying EUR travel money.
NZD / EUR Converter
0.5925 Euro
Compare how much you can save on
NZD/EUR exchange rates for:
Eurozone
Aaland Islands
Andorra
Austria
Belgium
Cyprus
Estonia
Finland
France
French Guinea
French Southern Territories
Germany
Greece
Guadeloupe
Vatican City
Ireland
Italy
Luxembourg
Malta
Martinique
Mayotte
Monaco
Montenegro
Netherlands
Portugal
Reunion
Saint Barthélemy
Saint Martin
Saint Pierre And Miquelon
San Marino
Slovakia
Slovenia
SpainNew Zealand Dollar to Euro (NZD-EUR) - 10 Year History
The below table shows the historic variation in the NZD/EUR 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 | 0.5918 | Latest | |
| 14 Jan 2019 | 0.5950 | 1 Week | -0.54% |
| 22 Dec 2018 | 0.5899 | 1 Month | +0.32% |
| 25 Jul 2018 | 0.5830 | 6 Months | +1.51% |
| 21 Jan 2018 | 0.5946 | 1 Year | -0.47% |
| 21 Jan 2017 | 0.6700 | 2 Years | -11.67% |
| 22 Jan 2014 | 0.6133 | 5 Years | -3.51% |
| 23 Jan 2009 | 0.4075 | 10 Years | +45.23% |
Best Rates for NZD/EUR 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 EUR.
Foreign Transfers - Exchange Rate Comparison
| Foreign Transfer Providers Ratings & Reviews | Receive EUR(€) | Exchange Rate | Fee NZD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
  XE is a trusted brand in foreign exchange, this is their money transfer platform offering very good rates and $0 transfer fees. More▾ | 5,875 EUR Value & Rating | 0.5875 | 0 | 0.58% | Bank Transfers - Online & Phone | 1-2 days | |
 OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More▾ | 5,840 EUR €35 less | 0.584 | 0^ | 1.17% | 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▾ | 5,671 EUR €204 less | 0.5700 | 22 | 4.03% | 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 EUR(€) | Exchange Rate | Fee NZD | Total Cost | Currency Services | Delivery/Collect | Deal Links |
|---|---|---|---|---|---|---|---|
 Get great travel money rates from Travelex when you order online. More▾ | 578.10 EUR Value & Rating | 0.5781 | 0^ | 2.17% | 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▾ | 552.09 EUR €26 less | 0.5586 | $10 | 6.57% | Branch | - |
OrderWhy can't I just get the NZD/EUR market rate I see on Google or in the Media?
The NZD/EUR 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 / EUR 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/EUR 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 EUR exchange rate
- Know the latest NZD/EUR 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 Euro
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 EUR, you should pay attention to both New Zealand Dollar and Euro 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.
Euro (EUR) - Market news and forecasts
11-January-19: 2018 was a mixed year for the euro. A 4.6 percent loss versus the US dollar and a 3 percent loss versus the franc was offset by a near-6 percent gain versus the Australian dollar and small gains against the pound and Canadian dollar.
Risks to the euro in 2019 will include Brexit, slower economic growth and the Italian budget. The main supporting factor is the end of economic stimulus by the ECB, which may or may not be followed by an interest rate hike later in the year.
Forecasts: For the month of January, SEB recommend betting on euro depreciation versus JPY, SEK and NOK on grounds of seasonality.
In the months ahead, EUR/GBP should weaken from levels in the mid-£0.89s (as of January-11) according to Bank of America, since “all pathways are leading to a soft Brexit” — something that would be a shot in the arm to sterling.
For EUR/USD, both Danske Bank and Bank of America retain end-of-year forecasts of $1.25, from rates at the time of writing in the mid-$1.14s. $1.25 represents the equilibrium exchange rate for this pair, BAML researchers said.
