1 NZD = 0.5508 EUR
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Convert NZD to EUR ⚇ More Charts
What's in this NZ Dollar to Euro guide?
To calculate your own NZD/EUR amounts use our Convert NZD to EUR quick calculator.
Comparing Foreign Exchange Providers
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.
The Exchange rate you are offered can also 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/EUR International Money Transfers. Costs are calculated against the current interbank mid-rate.
| Foreign Transfer Provider | Receive EUR(€) | Exchange Rate | Fee NZD | Deal Links |
|---|---|---|---|---|
 | €5,465 0.58% Best Overall | 0.5465 | 0 | |
 | €5,453 0.8% €12 less | 0.5453 | 0^ | |
 | €5,470 0.49% €5 more | 0.547 | 0 | |
Banks - Average Rate      Average bank rate | €5,246 4.56% €219 less | 0.5273 | 22 |
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 Provider | Amount EUR(€) | Exchange Rate | Fee NZD | Deal Links |
|---|---|---|---|---|
 | €524.90 4.51% Best Overall | 0.5249 | 0^ | |
Banks - Average Rate Average bank rate | €513.58 6.57% €11 less | 0.5196 | NZ$10 |
Also here is a comparison table of the exchange rates and fees on some popular prepaid multi-currency debit cards.
| Travel Card Provider | Amount EUR(€) | Exchange Rate | Fee NZD | Deal Links |
|---|---|---|---|---|
 | €546.90 0.49% Best Overall | 0.5469 | 0 | |
 | €524.90 4.49% €22 less | 0.5249 | 0 |
Country Guides (NZD & EUR)
Eurozone (EUR)
New Zealand (NZD)
Aaland Islands (EUR)
Andorra (EUR)
Austria (EUR)
Belgium (EUR)
Cook Islands (NZD)
Cyprus (EUR)
Estonia (EUR)
Finland (EUR)
France (EUR)
French Guinea (EUR)
French Southern Territories (EUR)
Germany (EUR)
Greece (EUR)
Guadeloupe (EUR)
Vatican City (EUR)
Ireland (EUR)
Italy (EUR)
Luxembourg (EUR)
Malta (EUR)
Martinique (EUR)
Mayotte (EUR)
Monaco (EUR)
Montenegro (EUR)
Netherlands (EUR)
Niue (NZD)
Pitcairn (NZD)
Portugal (EUR)
Reunion (EUR)
Saint Barthélemy (EUR)
Saint Martin (EUR)
Saint Pierre and Miquelon (EUR)
San Marino (EUR)
Slovakia (EUR)
Slovenia (EUR)
Spain (EUR)
Tokelau (NZD)NZD and EUR in the Markets
When determining the best time to make a foreign exchange transaction, in this case the NZD vs EUR, you should pay attention to the recent market trends for both currencies.
NZ Dollar (NZD)
Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.
The threat of proxy war between the US and Iran in Iraq also 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.
Read more in the article NZD Forecasts.
Euro (EUR)
Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.
The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.
Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.
In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar.
Read more in the article EUR Forecasts.
How to get Best NZD to EUR Exchange Rates
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).
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.
What is a good NZD to EUR exchange rate?
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
The following table looks at the change in the NZD to EUR exchange rate to the present day for periods going back upto 10 years.
When is the best time to exchange NZD to EUR?
Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.
Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.
We help you Save Money on Exchange Rates.
View all NZD Exchange Rates
