Compare & Save on New Zealand dollar to euro exchange rates. Latest kiwi to euro analysis and forecasts.
In this kiwi to euro rate guide:
Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
This exchange rate calculator makes it easy to compare the Total Cost you are being charged on kiwi to euro currency rates and the possible savings of using various providers.
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Based on recent FX analyst forecasts, the NZD to EUR outlook for March is expected to be influenced by several key factors, such as February's strong US Jobs Report, sluggish global GDP growth amid inflation, China's improved economy, and UBS's acquisition of Credit Suisse. The NZD has been under pressure as investor risk sentiment and FX markets responded to these factors.
In February, the NZD slipped against the EUR as a consequence of the Eurozone's economic outlook becoming less optimistic and the US dollar's strength due to expectations of the US Federal Reserve raising interest rates. While the NZD had been trading higher, the change in the narrative led to a downturn that may continue into March. Analysts are monitoring economic data and central bank decisions to evaluate the potential impacts on the NZDEUR exchange rate.
The forecast for the NZDEUR exchange rate will depend on a range of factors, including global market sentiment, upcoming economic data releases, and major geopolitical events. Although it is difficult to predict future developments with certainty, it is essential for individuals and businesses to stay informed and make informed decisions accordingly.
New Zealand dollar to euro FX market data and key indicators - Interbank rate, charts, forecasts & historic rates and trends.
| Date | NZD/EUR | Change | Period |
|---|---|---|---|
15 Mar 2023 | 0.5823 | 1.4% ▼ | 2 Week |
29 Dec 2022 | 0.5952 | 3.6% ▼ | 3 Month |
29 Mar 2022 | 0.6259 | 8.3% ▼ | 1 Year |
30 Mar 2018 | 0.5873 | 2.3% ▼ | 5 Year |
31 Mar 2013 | 0.6529 | 12.1% ▼ | 10 Year |
03 Apr 2003 | 0.5100 | 12.5% ▲ | 20 Year |
There are several ways to save on exchange rates when converting New Zealand dollar to euro:
Generally speaking, if you are buying euro with New Zealand dollar, then it's better for the NZD/EUR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add NZD/EUR to your personalised BER Smart Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.
You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to the Eurozone.
The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:
Greece: Greece has a relatively low cost of living compared to other Eurozone countries.
Portugal: Portugal has a lower cost of housing than in other Eurozone countries.
Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.
Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.
Read more at our Eurozone (EUR) country guide
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