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NZD/INR - Rate Guide

New Zealand Dollar to Indian Rupee 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.

 

NZD/INR Exchange Rates and Providers Compared

This guide to the New Zealand Dollar to Indian Rupee exchange rate with 90-day chart & alerts, historic rates, forecasts and NZD to INR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the NZD/INR Calculator.

Looking for INR travel money? Then it is important to note that the Indian Rupee is a closed currency. Which means that it is more difficult (but not impossible) to purchase the currency before departure and may 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

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NZD/INR - 90 Day Rate Alerts

1 NZD = 44.5594 INR

90-DAY LOWS 60-DAY LOWS 30-DAY LOWS 14-DAY LOWS 7-DAY DOWN 2.9% 1-DAY DOWN 1.8%
NZD/INR over the last 90 days

View NZD/INR - Interactive Chart

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/INR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive INR(₹)Exchange RateFee NZDTotal CostDeal Links
XE logo
443,000 INR
Best Overall
44.300.58%
OFX logo
431,800 INR
11,200 INR
43.180^3.1%
WorldFirst logo
443,400 INR
400 INR
44.3400.49%
HSBC logo
422,665 INR
20,335 INR
42.33$155.15%
ANZ Bank logo
419,144 INR
23,856 INR
41.99185.94%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo TSB Bank logo
418,278 INR
24,722 INR
42.07226.13%
TSB Bank International Money Transfers
TSB Bank logo
416,493 INR
26,507 INR
42.07$1006.53%
BNZ Bank International Money Transfers
BNZ Bank logo
414,810 INR
28,190 INR
41.9$1006.91%
 

XE logo

XE: Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:0
Exchange Rate:44.3 (0.58% from mid-rate)
To Amount:443,000 INR
Total Cost:0.58%
Time:6:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:43.18 (3.1% from mid-rate)
To Amount:431,800 INR
Total Cost:3.1%
Difference:
11,200 INR less than using XE
Time:
Rate Fetched: Sun Sep 22 2019 05:08:13 GMT+0000 (UTC)
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→INR
From Amount:10,000 NZD
Fee:
Exchange Rate:44.34 (0.49% from mid-rate)
To Amount:443,400 INR
Total Cost:0.49%
Difference:
400 INR more than using XE
Time:6:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:42.33 (5% from mid-rate)
To Amount:422,665 INR
Total Cost:5.15%
Difference:
20,335 INR less than using XE
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:18
Exchange Rate:41.99 (5.77% from mid-rate)
To Amount:419,144 INR
Total Cost:5.94%
Difference:
23,856 INR less than using XE
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:22
Exchange Rate:42.33 (5% from mid-rate)
To Amount:418,278 INR
Total Cost:6.13%
Difference:
24,722 INR less than using XE
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

TSB Bank logo

TSB Bank: Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:42.07 (5.59% from mid-rate)
To Amount:416,493 INR
Total Cost:6.53%
Difference:
26,507 INR less than using XE
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logo

BNZ Bank: Foreign Transfer NZD→INR
From Amount:10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:41.9 (5.97% from mid-rate)
To Amount:414,810 INR
Total Cost:6.91%
Difference:
28,190 INR less than using XE
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 09/22/2019 - 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 INR(₹)Exchange RateFee NZDTotal CostDeal Links
TSB Bank Foreign Currency
TSB Bank logo
41,422 INR
Compare
41.84$107.04%
Banks - Average Rate
BNZ Bank logo TSB Bank logo
41,273 INR
149 INR
41.8$107.37%
BNZ Bank Foreign Currency
BNZ Bank logo
41,124 INR
298 INR
41.75$157.71%
 

TSB Bank logo

TSB Bank: Travel Money NZD→INR
From Amount:1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:41.84 (6.1% from mid-rate)
To Amount:41,422 INR
Total Cost:7.04%
Time:6:05 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→INR
From Amount:1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:42.35 (4.96% from mid-rate)
To Amount:41,273 INR
Total Cost:7.37%
Currency Services:Branch
Delivery/Collect:-
 

BNZ Bank logo

BNZ Bank: Travel Money NZD→INR
From Amount:1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:41.75 (6.3% from mid-rate)
To Amount:41,124 INR
Total Cost:7.71%
Time:6:05 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 09/22/2019 - See full table

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

Foreign Transfers Travel Money

New Zealand Dollar

Indian Rupee

1 NZD 44.56 INR
5 NZD 222.80 INR
10 NZD 445.59 INR
20 NZD 891.19 INR
50 NZD 2,227.97 INR
100 NZD 4,455.94 INR
250 NZD 11,139.85 INR
500 NZD 22,279.70 INR
1,000 NZD 44,559.40 INR
2,000 NZD 89,118.80 INR
5,000 NZD 222,797.00 INR
10,000 NZD 445,594.00 INR
50,000 NZD 2,227,970.00 INR
100,000 NZD 4,455,940.00 INR
See more

New Zealand Dollar

Indian Rupee

0.0224 NZD 1 INR
0.1122 NZD 5 INR
0.2244 NZD 10 INR
0.4488 NZD 20 INR
1.1221 NZD 50 INR
2.2442 NZD 100 INR
5.6105 NZD 250 INR
11.22 NZD 500 INR
22.44 NZD 1,000 INR
44.88 NZD 2,000 INR
112.21 NZD 5,000 INR
224.42 NZD 10,000 INR
1,122.10 NZD 50,000 INR
2,244.20 NZD 100,000 INR
See more
Country Guides (NZD & INR)
New ZealandNew Zealand (NZD)IndiaIndia (INR)Cook IslandsCook Islands (NZD)
NiueNiue (NZD)PitcairnPitcairn (NZD)TokelauTokelau (NZD)

NZD/INR - Historical Trends

This table shows historic rates and trends of New Zealand Dollar to Indian Rupee over periods upto 10 years.

PeriodChange*NZD/INRDate
1 Day-0.8%44.931119 Sep 2019
7 Day-1.6%45.289413 Sep 2019
30 Day-2.6%45.760221 Aug 2019
3 Month-2.9%45.866722 Jun 2019
1 Year-7%47.917620 Sep 2018
5 Year-10.1%49.572321 Sep 2014
10 Year+29%34.555522 Sep 2009

*For period to 20-Sep 21UTC when NZD/INR was 44.5594

You can use our NZD interactive charts to check NZDINR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

NZD and INR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the NZD vs INR, 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.

 

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR Forecasts.

Why can't I just get the NZD/INR 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 / INR 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