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NZD to INR - Compare Exchange Rates

New Zealand Dollar to Indian Rupee - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare NZD/INR Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for NZD/INR International Money Transfers. Costs are calculated against the amount when NZD is converted to INR at mid-rate.

Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive INR(₹)Exchange RateFee NZDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
XE logo
470,000 INR
Best Overall
4700.57%Bank Transfers - Online & Phone1-2 days
 
OFX logo
462,800 INR
7,200 INR
46.280^2.09%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
HSBC logo
453,119 INR
16,881 INR
45.38$154.14%Online, Branch, Bank Transfers2-3 days
 
ANZ Bank logo
449,290 INR
20,710 INR
45.01184.95%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo TSB Bank logo
448,402 INR
21,598 INR
45.1225.14%Online, Branch, Bank Transfers2-3 days
TSB Bank International Money Transfers
TSB Bank logo
446,490 INR
23,510 INR
45.1$1005.54%Online, Branch, Bank Transfers2-3 days
BNZ Bank International Money Transfers
BNZ Bank logo
444,708 INR
25,292 INR
44.92$1005.92%Online, Branch, Bank Transfers2-3 days
 
XE: Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:0
Exchange Rate:47 (0.57% from mid-rate)
INR amount:470,000 INR
Total Cost:0.57%
Time:6:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
OFX: Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:46.28 (2.09% from mid-rate)
INR amount:462,800 INR
Total Cost:2.09%
Difference:
7,200 INR less than using XE
Time:
Rate Fetched: Fri Mar 22 2019 04:08:08 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:45.38 (4% from mid-rate)
INR amount:453,119 INR
Total Cost:4.14%
Difference:
16,881 INR less than using XE
Time:6:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
ANZ Bank: Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:45.01 (4.78% from mid-rate)
INR amount:449,290 INR
Total Cost:4.95%
Difference:
20,710 INR less than using XE
Time:6:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:44.91 (4.99% from mid-rate)
INR amount:448,402 INR
Total Cost:5.14%
Difference:
21,598 INR less than using XE
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

TSB Bank logoTSB Bank

TSB Bank: Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:45.1 (4.59% from mid-rate)
INR amount:446,490 INR
Total Cost:5.54%
Difference:
23,510 INR less than using XE
Time:6:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→INR
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:44.92 (4.97% from mid-rate)
INR amount:444,708 INR
Total Cost:5.92%
Difference:
25,292 INR less than using XE
Time:6:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

The below table shows a snapshot 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.

Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Travel Money Providers
Ratings & Reviews
Amount INR(₹)Exchange RateFee NZDTotal CostCurrency ServicesDelivery/CollectDeal Links
TSB Bank Foreign Currency
TSB Bank logo
43,936 INR
44.38$107.05%Branch-
Banks - Average Rate
BNZ Bank logo TSB Bank logo
43,781 INR
155 INR
44.34$107.38%Branch-
 
Travelex Online NZ logo
43,696 INR
240 INR
43.69620^7.56%Online order, Branch pickup, Home delivery2-3 days
BNZ Bank Foreign Currency
BNZ Bank logo
43,626 INR
310 INR
44.29$157.71%Branch-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→INR
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:44.38 (6.11% from mid-rate)
INR amount:43,936 INR
Total Cost:7.05%
Time:6:12 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→INR
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:44.93 (4.95% from mid-rate)
INR amount:43,781 INR
Total Cost:7.38%
Currency Services:Branch
Delivery/Collect:-
Travelex Online NZ: Travel Money NZD→INR
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:43.6962 (7.56% from mid-rate)
INR amount:43,696 INR
Total Cost:7.56%
Time:
Rate Fetched: Fri Mar 22 2019 04:45:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→INR
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:44.29 (6.3% from mid-rate)
INR amount:43,626 INR
Total Cost:7.71%
Time:6:12 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

NZD to INR interbank exchange rate = 47.4169

Right now the NZD/INR interbank exchange rate is 47.4169. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Indian Rupee to New Zealand Dollar.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

This NZD/INR Converter calculates equivalent New Zealand Dollar to Indian Rupee amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

NZD / INR converter & margin calculator


$NZD
₹INR
Mid-rates:
 

Compare how much you can save on
NZD/INR exchange rates for:

Foreign Transfers Travel Money

1 Week NZD to INR
Loading NZD/INR rates

New Zealand Dollar

Indian Rupee

1 NZD 47.42 INR
5 NZD 237.08 INR
10 NZD 474.17 INR
20 NZD 948.34 INR
50 NZD 2,370.85 INR
100 NZD 4,741.69 INR
250 NZD 11,854.23 INR
500 NZD 23,708.45 INR
1,000 NZD 47,416.90 INR
2,000 NZD 94,833.80 INR
5,000 NZD 237,084.50 INR
10,000 NZD 474,169.00 INR
50,000 NZD 2,370,845.00 INR
100,000 NZD 4,741,690.00 INR
See more

New Zealand Dollar

Indian Rupee

0.0211 NZD 1 INR
0.1055 NZD 5 INR
0.2109 NZD 10 INR
0.4218 NZD 20 INR
1.0545 NZD 50 INR
2.1090 NZD 100 INR
5.2725 NZD 250 INR
10.55 NZD 500 INR
21.09 NZD 1,000 INR
42.18 NZD 2,000 INR
105.45 NZD 5,000 INR
210.90 NZD 10,000 INR
1,054.50 NZD 50,000 INR
2,109.00 NZD 100,000 INR
See more

INR Country Guides
IndiaIndia

New Zealand Dollar to Indian Rupee (NZD-INR) - 10 Year History

The below table shows the historic variation in the NZD/INR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of NZD versus other currencies : NZD historical charts.

DateExchange RatePeriodChange
21 Mar 201947.2706Latest
14 Mar 201947.40641 Week-0.29%
19 Feb 201949.02921 Month-3.59%
22 Sep 201848.28986 Months-2.11%
21 Mar 201847.04311 Year+0.48%
21 Mar 201746.12152 Years+2.49%
22 Mar 201452.06715 Years-9.21%
23 Mar 200928.658810 Years+64.94%

Why can't I just get the NZD/INR market rate I see on Google or in the Media?

The NZD/INR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the NZD / INR was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market NZD/INR midrate the better deal you are getting.

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

The three things you need in order to get a good NZD to INR exchange rate

  1. Know the latest NZD/INR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for New Zealand Dollar and Indian Rupee

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the NZD vs INR, you should pay attention to both New Zealand Dollar and Indian Rupee news and forecasts.

New Zealand Dollar (NZD) - Market news and forecasts

26-February-19: The New Zealand dollar has been among the best performers in early 2019: at the time of writing, it was showing a 3 percent year-to-date gain versus the US dollar (US$0.69), bettered within G10 FX only by the Canadian dollar and pound.

The kiwi’s upside might be limited over the coming 6-12 months due to a somewhat disappointing outlook for interest rates in New Zealand.

In February, the RBNZ said it would maintain rates at current levels this year and next, which was taken as a big positive at the time since a rate cut had partly been priced in. When considered against the hikes that are likely in Canada, the US, Europe, Scandinavia and many emerging market economies, steady NZ rates might also be to NZD's detriment.

In February, Radobank predicted NZD/USD 4 percent lower at US$0.66 before the end of May.

An RBC analyst also suggested betting against the kiwi. The analyst pointed to the RBNZ's previous form when it comes to U-turns on policy guidance.

In addition, watchers of NZD should not underestimate how highly correlated the currency is with the Australian dollar, which is tied to an even worse monetary policy outlook and which might suffer an 8-10 percent decline this year, per some currency forecasters.

Indian Rupee (INR) - Market news and forecasts

In the second week of March, the rupee was little changed on the year (<1 percent difference) against the dollar at rates near ₹70. It was, however, considerably higher than its record low of ₹74.52, achieved in October.

The rupee hasn’t done badly in 2019 considering the 23 percent rise in the price of oil (India’s biggest import).

Political uncertainty (never good for a currency’s valuation) is likely to emerge as we approach May’s election. A tough battle is expected for current Indian Prime Minister Narendra Modi and his Bharatiya Janata Party. Should the BJP be defeated, “the rupee could potentially spike to 74,” a Radobank economist said.

In March, the Economic Times reported the results of a poll of 50 foreign exchange experts, who collectively estimated a year-end USD/INR rate of ₹71.3. This differed from January’s forecast from the Fitch ratings agency, which said it expects ₹75 on the basis of further current account deterioration and tighter financing conditions.