1. Exchange Rates
  2. New Zealand dollar (NZD)
  3. U.S. dollar (USD)

Convert NZD to USD at Best Exchange Rates

1 New Zealand dollar equals
U.S. dollar 1NZD=USD

There are three simple steps you need to take in order to get a good NZD-USD exchange rate:

  1. Know the latest NZD to USD market mid-rate shown above - this is your starting point!
  2. Compare your Bank's exchange rates to several licensed FX providers, remember to compare both 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 New Zealand dollar and U.S. dollar currencies, if available.

1. Market NZD/USD mid-rate

Right now the NZD/USD market rate is and represents how many U.S. dollar you can get for one New Zealand dollar.

Calculate equivalent currency amounts with this NZD to USD currency converter then select the transaction type to compare the best exchange rates available.

Currency Converter NZD to USD

1 NZD equals

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
1 Week NZD/USD Chart
NZD-USD 1 Week chart

New Zealand dollar to U.S. dollar (NZD-USD) - 10 Year History

DateExchange RatePeriodChange
20 Jun 20180.6879Latest
13 Jun 20180.70241 Week-2.06%
21 May 20180.69521 Month-1.05%
22 Dec 20170.70236 Months-2.05%
20 Jun 20170.72381 Year-4.96%
20 Jun 20160.71042 Years-3.17%
21 Jun 20130.77595 Years-11.34%
22 Jun 20080.762610 Years-9.8%

The NZD/USD 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 / USD was traded (bought or sold) in the international markets.

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

2. Transaction Costs - Margins and Fees for NZD/USD Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

NZD to USD Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from NZD to USD.

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Compare Foreign Transfers

Sending NZD 10,000 to USD

OFX logo OFX (prev. NZForex)
$6777.00 USD (0.88%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: $6777.00 USD
Exchange Rate: 0.6777
(Inverse 1USD=NZD 1.4756)
Fees: NZD 0
Total Cost : 0.88% (from mid-rate: 0.6837)
This is the amount of money that could be received by your transfer at rate NZD/USD=0.6777 and inclusive of the fee of NZD 0.
Rate timestamp : Thu Jun 21 2018 05:09:23 GMT+0000 (UTC)
Bank Rates - Average
$6480.71 USD (5.21%)
This is the average NZD to USD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

Price Details
Receive: $6480.71 USD
Exchange Rate: 0.6495
(Inverse 1USD=NZD 1.5396)
Fees: NZD 22
Total Cost : 5.21% (from mid-rate: 0.6837)
Receive USD $296 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate NZD/USD=0.6495 and inclusive of the fee of NZD 22.

Travel Money NZD to USD - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying USD Cash with NZD 2,000

Travelex Online logo Travelex Online
$1342.20 USD (1.84%)
Click here to order Travel Money and the Pre-paid Cash Passport with $0 commission* and great exchange rates only available online. Pickup your cash at your local Travelex store or conveniently at the airport on departure day.
* Orders paid for via BPAY incur no additional fees, credit/debit fee 1.8%
Price Details
Receive: $1342.20 USD
Exchange Rate: 0.6711
(Inverse 1USD=NZD 1.4901)
Fees: NZD 0 *
Total Cost : 1.84% (from mid-rate: 0.6837)
Amount of money that could be received by your currency exchange at rate NZD/USD=0.6711 and inclusive of the fee of NZD 0 *.
Rate timestamp : Thu Jun 21 2018 05:00:04 GMT+0000 (UTC)
Bank Rates - Average
$1308.78 USD (4.29%)
This is the average NZD to USD Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

Price Details
Receive: $1308.78 USD
Exchange Rate: 0.6610
(Inverse 1USD=NZD 1.5129)
Fees: NZD 20 (1%)
Total Cost : 4.29% (from mid-rate: 0.6837)
Receive USD $33 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate NZD/USD=0.661 and inclusive of the fee of NZD 20 (1%).

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 comparison calculators make shopping around easy and help you calculate how much you can save.

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

When you look up the current New Zealand dollar to U.S. dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

NZD to USD mid-rate on google

NZD to USD mid-rate on google search

Getting a great NZD to USD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our NZD to USD currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific New Zealand dollar cross rates and reviews of leading foreign exchange providers versus the Banks.

3. Currency News, Research and Forecasts for New Zealand dollar and U.S. dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the NZD vs USD, you should pay attention to both New Zealand dollar and U.S. dollar news and forecasts.

New Zealand dollar (NZD) - Market news and forecasts

Barring minor, short-lived deviations, the New Zealand dollar has traded against the US dollar between $0.68 and $0.75 for more than two years. In the second week of June, it was trading at $0.703, within the bottom third of that range.

The New Zealand dollar will fall through the lower end of this range before June ’19 to just $0.64, believes Westpac. The Australian bank said as much in June (it also saw the kiwi falling to 90 Australian cents, from 92.3), citing underperformance in New Zealand’s economy relative to its peers as its reason; this will be exacerbated by a substantial slowdown in net migration to New Zealand, the bank argues.

Also bearish NZD is Deutsche Bank. In May, during which NZD averaged $0.695, Deutsche’s valuation model ranked NZD as the fifth most overvalued of the world’s twenty-eight most traded currencies.

Importantly, interest rates in New Zealand are expected to fall below US rates this year – a development that PricewaterhouseCoopers has described as a “massive change in market conditions [offering] a disincentive to invest in NZD.” The RBNZ massively disappointed holders of NZD in May when it said its next move was as likely to be a rate cut as it was a hike.

U.S. dollar (USD) - Market news and forecasts

It was a fine run for the dollar during the six-week period ending May 25th – the day of this report. The Dollar Index never looked back after breaking from a pocket of congestion in the final week of April. The index ended this period achieving a six-month high of 94.3. The dollar benefited from higher US yields.

Against individual currencies, within this timeframe the dollar was impressive against the euro, which fell to buy only 1.165 dollars, from levels near 1.24; against the pound, which fell to buy 1.33 dollars, from 1.44; and against the New Zealand dollar, which fell to 0.69 from 0.738.

A warning on the dollar’s medium-term outlook was offered in May by Citibank. The bank argues that downward pressure on the dollar will resume because Washington’s planned fiscal spending will cause a further deterioration in the US’ twin deficits. The dollar might have 5 percent downside over 6-12 months and 10 percent downside in the long run, a Citi analyst said.

In the coming month, supporting the dollar against growth-sensitive currencies, which include CAD, AUD, NZD, SEK, NOK, SGD and most of the emerging market currencies, will be developments surrounding global trade. In May, trade tensions resurfaced after the US Commerce Department announced it would investigate automobile imports. In 2018, Washington had already announced tariffs on aluminium and steel imports, angering much of the rest of the world.

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