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2,000 NZD to EUR - Rate Guide

NZ Dollar to Euro 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/Card transactions as shown below.

 

NZ$2,000 NZD
=
€1,171 EUR

Amounts converted at interbank mid-rate of 0.5853, see foreign transfers and travel money for available rates.

1 NZD = 0.5853 EUR

   Sell NZD / Buy EUR  Switch

NZD to EUR - Trading Range (90 Day)
ALERT: 4-DAY ▼ 1.5% 🔔 |
NZD/EUR at 0.5853 was trading 0.8% below the 90-day average 0.5902 with a range 0.5742 to 0.6009. ALERT: NZD/EUR is DOWN 1.5% this 4-DAY period.
21-Feb 5PM-NY 10PM-LON | 22-Feb 9AM-SYD

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Quick Conversions from NZ Dollar to Euro

NZD

EUR

NZ$ 1
0.5853
NZ$ 5
2.9265
NZ$ 10
5.8530
NZ$ 20
11.71
NZ$ 50
29.27
NZ$ 100
58.53
NZ$ 250
146.33
NZ$ 500
292.65
NZ$ 1,000
585.30
NZ$ 2,000
1,171
NZ$ 5,000
2,927
NZ$ 10,000
5,853
NZ$ 50,000
29,265
NZ$ 100,000
58,530
More amounts

NZD

EUR

NZ$ 1.7086
1
NZ$ 8.5430
5
NZ$ 17.09
10
NZ$ 34.17
20
NZ$ 85.43
50
NZ$ 170.86
100
NZ$ 427.15
250
NZ$ 854.30
500
NZ$ 1,709
1,000
NZ$ 3,417
2,000
NZ$ 8,543
5,000
NZ$ 17,086
10,000
NZ$ 85,430
50,000
NZ$ 170,860
100,000
More amounts

To calculate specific 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.

 
  

NZD to EUR International Money Transfers

  

Foreign Transfer Providers Receive EUR(€)Exchange RateFee NZDTotal CostDeal Links
OFX logo
5,806
Best Overall
0.58060^0.8%
WorldFirst logo
5,824
€18 more
0.582400.5%
TransferWise logo
5,817.18
€11 more
0.5847NZ$510.61%
ASB Bank International Money Transfers
ASB Bank logo
5,610.94
€195 less
0.5625254.14%
HSBC logo
5,605.58
€200 less
0.5614NZ$154.23%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
5,560
€246 less
0.5588225.01%
ANZ Bank logo
5,557.98
€248 less
0.5568185.04%
TSB Bank International Money Transfers
TSB Bank logo
5,523.21
€283 less
0.5579NZ$1005.63%
BNZ Bank International Money Transfers
BNZ Bank logo
5,500.44
€306 less
0.5556NZ$1006.02%
 
OFX logo
OFX: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.5806 (0.8% from mid-rate)
To Amount (EUR)5,806
Total Cost:0.8%
Time:
Rate Fetched: 6:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:
Exchange Rate:0.5824 (0.5% from mid-rate)
To Amount (EUR)5,824
Total Cost:0.5%
Difference:
€18 EUR more than using OFX
Time:6:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
TransferWise logo
TransferWise: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:NZ$51 NZD (0.5% + NZ$1)
Exchange Rate:0.5847 (0.1% from mid-rate)
To Amount (EUR)5,817.18
Total Cost:0.61%
Difference:
€11 EUR more than using OFX
Time:6:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
ASB Bank logo
ASB Bank: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:25
Exchange Rate:0.5625 (3.9% from mid-rate)
To Amount (EUR)5,610.94
Total Cost:4.14%
Difference:
€195 EUR less than using OFX
Time:6:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:NZ$15 NZD (.15%)
Exchange Rate:0.5614 (4.08% from mid-rate)
To Amount (EUR)5,605.58
Total Cost:4.23%
Difference:
€200 EUR less than using OFX
Time:6:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:22
Exchange Rate:0.5560 (5.01% from mid-rate)
To Amount (EUR)5,560
Total Cost:5.01%
Difference:
€246 EUR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
ANZ Bank logo
ANZ Bank: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:18
Exchange Rate:0.5568 (4.87% from mid-rate)
To Amount (EUR)5,557.98
Total Cost:5.04%
Difference:
€248 EUR less than using OFX
Time:6:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
TSB Bank logo
TSB Bank: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.5579 (4.68% from mid-rate)
To Amount (EUR)5,523.21
Total Cost:5.63%
Difference:
€283 EUR less than using OFX
Time:6:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
BNZ Bank logo
BNZ Bank: Foreign Transfer NZD→EUR
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.5556 (5.07% from mid-rate)
To Amount (EUR)5,500.44
Total Cost:6.02%
Difference:
€306 EUR less than using OFX
Time:6:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

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 Providers Amount EUR(€)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
566.10
Best Overall
0.56610^3.28%
ASB Bank Foreign Currency
ASB Bank logo
556.28
€9.82 less
0.5619NZ$104.96%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
546.85
€19 less
0.5533NZ$106.57%
TSB Bank Foreign Currency
TSB Bank logo
544.10
€22 less
0.5496NZ$107.04%
BNZ Bank Foreign Currency
BNZ Bank logo
540.17
€26 less
0.5484NZ$157.71%
 
Travelex Online NZ logo
Travelex Online NZ: Travel Money NZD→EUR
From Amount (NZD)NZ$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.5661 (3.28% from mid-rate)
To Amount (EUR)566.10
Total Cost:3.28%
Time:
Rate Fetched: Sat Feb 22 2020 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
ASB Bank logo
ASB Bank: Travel Money NZD→EUR
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.5619 (4% from mid-rate)
To Amount (EUR)556.28
Total Cost:4.96%
Time:6:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money NZD→EUR
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.5563 (4.95% from mid-rate)
To Amount (EUR)546.85
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 
TSB Bank logo
TSB Bank: Travel Money NZD→EUR
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.5496 (6.1% from mid-rate)
To Amount (EUR)544.10
Total Cost:7.04%
Time:6:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
BNZ Bank logo
BNZ Bank: Travel Money NZD→EUR
From Amount (NZD)NZ$1,000
Fee:NZ$15 NZD (Minimum fee)
Exchange Rate:0.5484 (6.3% from mid-rate)
To Amount (EUR)540.17
Total Cost:7.71%
Time:6:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

Also here is a comparison table of the exchange rates and fees on some popular prepaid multi-currency debit cards.

Travel Card Providers Amount EUR(€)Exchange RateFee NZDTotal CostDeal Links
582.40
Best Overall
0.582400.5%
566.10
€16 less
0.566103.28%
 
TransferWise: Travel Card NZD→EUR
From Amount (NZD)NZ$1,000
Fee:
Exchange Rate:0.5824 (-0.5% from mid-rate)
To Amount (EUR)582.40
Total Cost:0.5%
Card Facts/Fees:
Time:0:00 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
Travelex Money Card: Travel Card NZD→EUR
From Amount (NZD)NZ$1,000
Fee:undefined
Exchange Rate:0.5661 (-3.28% from mid-rate)
To Amount (EUR)566.10
Total Cost:3.28%
Card Facts/Fees:
10 Load Currencies: AUD USD EUR GBP NZD HKD SGD CAD JPY THB.
Overseas ATM withdrawal fee: FREE
Card Purchase Fee: $5.00
Maximum Load Amount: $100,000
Monthly Fee : $4 (after 12 months inactive)
Currency Conversion: 5.95% (when you withdraw
a currency not loaded on your card)
Offers 24/7 Global Emergency Assistance service with fee free emergency funds up to the available balance on the card
Time:
Rate Fetched: Sat Feb 22 2020 00:00:06 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 02/21/2020 - View latest rates
 

Country Guides (NZD & EUR)

EurozoneEurozone (EUR)New ZealandNew Zealand (NZD)Aaland IslandsAaland Islands (EUR)
AndorraAndorra (EUR)AustriaAustria (EUR)BelgiumBelgium (EUR)
Cook IslandsCook Islands (NZD)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)NiueNiue (NZD)
PitcairnPitcairn (NZD)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)TokelauTokelau (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)

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.

PeriodChange*NZD/EURDate
1 Day-0.3%0.587020 Feb 2020
7 Day-1.5%0.594214 Feb 2020
30 Day-1.5%0.594522 Jan 2020
3 Month+0.7%0.581223 Nov 2019
1 Year-2.6%0.600821 Feb 2019
5 Year-11.5%0.661122 Feb 2015
10 Year+13.8%0.514223 Feb 2010

*For period to 21-Feb 21UTC when NZD/EUR was 0.5853

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 myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all NZD Exchange Rates