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NZD/JPY - Convert Compare Save

New Zealand Dollar to Japanese Yen 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 Japanese Yen exchange rate, has news, forecasts and NZD to JPY 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/JPY 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/JPY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive JPY(¥)Exchange RateFee NZDTotal CostDeal Links
OFX logo
716,300 JPY
Best Overall
71.630^1.85%
HSBC logo
701,247 JPY
15,053 JPY
70.23$153.91%
ANZ Bank logo
695,346 JPY
20,954 JPY
69.66184.72%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo TSB Bank logo
693,941 JPY
22,359 JPY
69.8224.91%
TSB Bank International Money Transfers
TSB Bank logo
691,020 JPY
25,280 JPY
69.8$1005.31%
BNZ Bank International Money Transfers
BNZ Bank logo
688,149 JPY
28,151 JPY
69.51$1005.7%
 
OFX: Foreign Transfer NZD→JPY
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:71.63 (1.85% from mid-rate)
JPY amount:716,300 JPY
Total Cost:1.85%
Time:
Rate Fetched: Fri Jul 19 2019 16:07:15 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→JPY
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:70.23 (3.76% from mid-rate)
JPY amount:701,247 JPY
Total Cost:3.91%
Difference:
15,053 JPY less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
ANZ Bank: Foreign Transfer NZD→JPY
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:69.66 (4.55% from mid-rate)
JPY amount:695,346 JPY
Total Cost:4.72%
Difference:
20,954 JPY less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→JPY
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:69.33 (5% from mid-rate)
JPY amount:693,941 JPY
Total Cost:4.91%
Difference:
22,359 JPY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

TSB Bank logoTSB Bank

TSB Bank: Foreign Transfer NZD→JPY
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:69.8 (4.35% from mid-rate)
JPY amount:691,020 JPY
Total Cost:5.31%
Difference:
25,280 JPY less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→JPY
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:69.51 (4.75% from mid-rate)
JPY amount:688,149 JPY
Total Cost:5.7%
Difference:
28,151 JPY less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/19/2019 - 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 JPY(¥)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
70,114 JPY
Best Overall
70.11430^3.92%
TSB Bank Foreign Currency
TSB Bank logo
67,835 JPY
2,279 JPY
68.52$107.05%
Banks - Average Rate
BNZ Bank logo TSB Bank logo
67,595 JPY
2,519 JPY
68.45$107.38%
BNZ Bank Foreign Currency
BNZ Bank logo
67,354 JPY
2,760 JPY
68.38$157.71%
Travelex Online NZ: Travel Money NZD→JPY
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:70.1143 (3.92% from mid-rate)
JPY amount:70,114 JPY
Total Cost:3.92%
Time:
Rate Fetched: Fri Jul 19 2019 16:45:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→JPY
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:68.52 (6.11% from mid-rate)
JPY amount:67,835 JPY
Total Cost:7.05%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→JPY
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:69.37 (4.94% from mid-rate)
JPY amount:67,595 JPY
Total Cost:7.38%
Currency Services:Branch
Delivery/Collect:-
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→JPY
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:68.38 (6.3% from mid-rate)
JPY amount:67,354 JPY
Total Cost:7.71%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

NZD to JPY interbank exchange rate = 72.8567

 
 

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/JPY exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

NZD and JPY in the Markets

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

 

Japanese Yen (JPY)

The yen was the star performer in the weeks leading up to this report (May-17), with appreciation driven by a flight to safety following a serious escalation in the US-China trade war. The benchmark yen rate, USD/JPY, was down in the mid-109s, having been as high as 112.4 in late April. Relatively speaking, against their April highs, other yen rates had fallen even more (NZD/JPY was down from 76 to 71.6).

In May, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.

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