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NZD/THB - Convert Compare Save

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

 

NZD to THB International Money Transfers

  

Foreign Transfer ProvidersReceive THB(฿)Exchange RateFee NZDTotal CostDeal Links
OFX logo
194,300 THB
Best Overall
19.430^2.21%
ASB Bank International Money Transfers
ASB Bank logo
190,423 THB
3,877 THB
19.09254.16%
HSBC logo
190,214 THB
4,086 THB
19.05$154.27%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
188,703 THB
5,597 THB
18.97225.03%
ANZ Bank logo
188,660 THB
5,640 THB
18.9185.05%
TSB Bank International Money Transfers
TSB Bank logo
187,506 THB
6,794 THB
18.94$1005.63%
BNZ Bank International Money Transfers
BNZ Bank logo
186,714 THB
7,586 THB
18.86$1006.03%
 
OFX: Foreign Transfer NZD→THB
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:19.43 (2.21% from mid-rate)
THB amount:194,300 THB
Total Cost:2.21%
Time:
Rate Fetched: Sat Aug 17 2019 04:07:26 GMT+0000 (UTC)
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→THB
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:19.09 (3.92% from mid-rate)
THB amount:190,423 THB
Total Cost:4.16%
Difference:
3,877 THB less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer NZD→THB
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:19.05 (4.13% from mid-rate)
THB amount:190,214 THB
Total Cost:4.27%
Difference:
4,086 THB less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→THB
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:18.88 (4.98% from mid-rate)
THB amount:188,703 THB
Total Cost:5.03%
Difference:
5,597 THB less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer NZD→THB
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:18.9 (4.88% from mid-rate)
THB amount:188,660 THB
Total Cost:5.05%
Difference:
5,640 THB less than using OFX
Time:6:04 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→THB
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:18.94 (4.68% from mid-rate)
THB amount:187,506 THB
Total Cost:5.63%
Difference:
6,794 THB less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→THB
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:18.86 (5.08% from mid-rate)
THB amount:186,714 THB
Total Cost:6.03%
Difference:
7,586 THB less than using OFX
Time:6:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/17/2019 - 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 THB(฿)Exchange RateFee NZDTotal CostDeal Links
ASB Bank Foreign Currency
ASB Bank logo
18,889 THB
Compare
19.08$104.94%
Travelex Online NZ logo
18,844 THB
45 THB
18.84390^5.16%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
18,568 THB
321 THB
18.79$106.55%
TSB Bank Foreign Currency
TSB Bank logo
18,473 THB
416 THB
18.66$107.03%
BNZ Bank Foreign Currency
BNZ Bank logo
18,341 THB
548 THB
18.62$157.7%
 

ASB Bank logoASB Bank

ASB Bank: Travel Money NZD→THB
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:19.08 (3.97% from mid-rate)
THB amount:18,889 THB
Total Cost:4.94%
Time:6:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online NZ: Travel Money NZD→THB
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:18.8439 (5.16% from mid-rate)
THB amount:18,844 THB
Total Cost:5.16%
Time:
Rate Fetched: Sat Aug 17 2019 04:45:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→THB
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:18.89 (4.93% from mid-rate)
THB amount:18,568 THB
Total Cost:6.55%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→THB
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:18.66 (6.09% from mid-rate)
THB amount:18,473 THB
Total Cost:7.03%
Time:6:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→THB
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:18.62 (6.29% from mid-rate)
THB amount:18,341 THB
Total Cost:7.7%
Time:6:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 08/17/2019 - See full table

NZD to THB interbank exchange rate = 19.8703

 
 

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/THB exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

NZD and THB in the Markets

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

 

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. Approaching mid-year, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.

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