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NZD to EUR - Exchange Rates Guide

NZ Dollar to Euro exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.


NZD/EUR exchange rate (wholesale):

1 NZD = 0.5811 EUR

Sell NZD / Buy EUR 

NZD to EUR chart and trends
NZD/EUR at 0.581 was trading 3.8% above AVG:0.5598 with LO:0.5306 and HI:0.5811 (90 days). ALERTS: NZD/EUR was UP 1.7% this 4-DAY period and also rose to 90-DAY HIGHS.

NZ Dollar to Euro - Quick Conversions

NZ$ 1 0.5811
NZ$ 5 2.9055
NZ$ 10 5.8110
NZ$ 20 11.62
NZ$ 50 29.06
NZ$ 100 58.11
NZ$ 250 145.28
NZ$ 500 290.55
NZ$ 1,000 581.10
NZ$ 2,000 1,162
NZ$ 5,000 2,906
NZ$ 10,000 5,811
NZ$ 50,000 29,055
NZ$ 100,000 58,110
More amounts
NZ$ 1.7209 € 1
NZ$ 8.6045 € 5
NZ$ 17.21 € 10
NZ$ 34.42 € 20
NZ$ 86.05 € 50
NZ$ 172.09 € 100
NZ$ 430.23 € 250
NZ$ 860.45 € 500
NZ$ 1,721 € 1,000
NZ$ 3,442 € 2,000
NZ$ 8,605 € 5,000
NZ$ 17,209 € 10,000
NZ$ 86,045 € 50,000
NZ$ 172,090 € 100,000
More amounts

To calculate other NZD/EUR amounts try our home-page Convert NZD to EUR quick converter.

Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.


Euro (EUR) Country Guides

EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CyprusCyprus (EUR)
EstoniaEstonia (EUR)FinlandFinland (EUR)FranceFrance (EUR)
French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)
GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)
IrelandIreland (EUR)ItalyItaly (EUR)LuxembourgLuxembourg (EUR)
MaltaMalta (EUR)MartiniqueMartinique (EUR)MayotteMayotte (EUR)
MonacoMonaco (EUR)MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)
PortugalPortugal (EUR)ReunionReunion (EUR)Saint BarthélemySaint Barthélemy (EUR)
Saint MartinSaint Martin (EUR)Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)
SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)SpainSpain (EUR)

NZ Dollar and Euro Forecasts

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)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

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.

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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the NZ Dollar vs Euro current value is to look the NZD/EUR historic rate and change over a range of periods.

The following table looks at the change in the NZD to EUR exchange rate over periods from the previous week back to the last 10 years.

NZD/EUR historic rateChange to 03-JulPeriod
0.5728  26 Jun 20201.4% ▲1 Week
0.5721  03 Jun 20201.6% ▲30 Days
0.5422  04 Apr 20207.2% ▲90 Days
0.5929  04 Jul 20192% ▼1 Year
0.6065  05 Jul 20154.2% ▼5 Years
0.5501  06 Jul 20105.6% ▲10 Years
NZD/EUR 10 year historic rates & changes to 03-Jul-2020 : 0.5810

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.

Setup FX Alerts