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NZD/GBP - Convert Compare Save

New Zealand Dollar to British Pound Sterling 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 transactions as shown below.

 

This resource page for the New Zealand Dollar to British Pound Sterling exchange rate, has news, forecasts and NZD to GBP comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

NZD/GBP Exchange Rates - How to Compare & Save

Exchange rates can 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/GBP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive GBP(£)Exchange RateFee NZDTotal CostDeal Links
OFX logo
5,344 GBP
Best Overall
0.53440^0.8%
ASB Bank International Money Transfers
ASB Bank logo
5,194.98 GBP
149 GBP
0.5208253.56%
HSBC logo
5,190.2 GBP
154 GBP
0.5198$153.65%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
5,148 GBP
196 GBP
0.5174224.44%
ANZ Bank logo
5,145.72 GBP
198 GBP
0.5155184.48%
TSB Bank International Money Transfers
TSB Bank logo
5,114.34 GBP
230 GBP
0.5166$1005.06%
BNZ Bank International Money Transfers
BNZ Bank logo
5,092.56 GBP
251 GBP
0.5144$1005.47%
 
OFX: Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.5344 (0.8% from mid-rate)
GBP amount:5,344 GBP
Total Cost:0.8%
Time:
Rate Fetched: 18:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:0.5208 (3.32% from mid-rate)
GBP amount:5,194.98 GBP
Total Cost:3.56%
Difference:
149 GBP less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:0.5198 (3.51% from mid-rate)
GBP amount:5,190.2 GBP
Total Cost:3.65%
Difference:
154 GBP less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:0.5118 (4.99% from mid-rate)
GBP amount:5,148 GBP
Total Cost:4.44%
Difference:
196 GBP less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:0.5155 (4.31% from mid-rate)
GBP amount:5,145.72 GBP
Total Cost:4.48%
Difference:
198 GBP less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

TSB Bank logoTSB Bank

TSB Bank: Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.5166 (4.1% from mid-rate)
GBP amount:5,114.34 GBP
Total Cost:5.06%
Difference:
230 GBP less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→GBP
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.5144 (4.51% from mid-rate)
GBP amount:5,092.56 GBP
Total Cost:5.47%
Difference:
251 GBP less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/23/2019 - See full table

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 ProvidersAmount GBP(£)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
523.80 GBP
Best Overall
0.52380^2.77%
ASB Bank Foreign Currency
ASB Bank logo
512.03 GBP
12 GBP
0.5172$104.95%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
503.33 GBP
20 GBP
0.5093$106.57%
TSB Bank Foreign Currency
TSB Bank logo
500.74 GBP
23 GBP
0.5058$107.05%
BNZ Bank Foreign Currency
BNZ Bank logo
497.23 GBP
27 GBP
0.5048$157.7%
Travelex Online NZ: Travel Money NZD→GBP
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.5238 (2.77% from mid-rate)
GBP amount:523.80 GBP
Total Cost:2.77%
Time:
Rate Fetched: Tue Jul 23 2019 16:45:06 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Travel Money NZD→GBP
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.5172 (3.99% from mid-rate)
GBP amount:512.03 GBP
Total Cost:4.95%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→GBP
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.5120 (4.96% from mid-rate)
GBP amount:503.33 GBP
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→GBP
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.5058 (6.11% from mid-rate)
GBP amount:500.74 GBP
Total Cost:7.05%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→GBP
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:0.5048 (6.29% from mid-rate)
GBP amount:497.23 GBP
Total Cost:7.7%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/23/2019 - See full table

NZD to GBP interbank exchange rate = 0.5387

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on NZD/GBP exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

NZD and GBP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the NZD vs GBP, you should pay attention to the recent market trends for both currencies.

 

New Zealand Dollar (NZD)

The New Zealand dollar weakened in June to a 7-month low against the euro, at rates below €0.58.

At US$0.65, the kiwi remained weak against the greenback, 6 percent lower than rates in March.

Against the Australian dollar, NZD has been steady in recent months, having spent much of its time between A$0.94 and A$0.95.

Robbing New Zealand's currency of gains in 2019 have been lower NZ interest rates, 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.

 

British Pound Sterling (GBP)

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Pound valuations will continue to fluctuate based on No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

Read more in the article GBP Forecasts.

Why can't I just get the NZD/GBP market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the NZD / GBP was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all NZD Exchange Rates