Loading...
Best Exchange Rates

Home pages - full list (A-Z)

Compare NZD to USD travel money rates

Find the best currency exchange rates (New Zealand Dollar to United States Dollar cash)

 

1 NZD = 0.6721 USD

This is the current NZD-USD mid-market exchange rate. The Total Cost of buying foreign currency in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market NZD-USD exchange rate.

3 Month Chart
Loading AUDUSD rates

Currency news and forecasts for New Zealand Dollar and United States Dollar

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 USD, you should pay attention to both New Zealand Dollar and United States Dollar news and forecasts.

New Zealand Dollar (NZD) - Market news and forecasts

22-December-18: Of late, the 2019 outlook for the New Zealand dollar has taken a turn for the worse. Late in 2018, traders began to speculate that the next move by the RBNZ (probably still a year away or more) might be a rate cut, rather than a hike. A slowdown in global growth was expected and traders sought safer currencies amid a 20 percent October-December fall in US equity markets. December’s NZ GDP report also came in way below economists’ expectations.

In the weeks leading up to this report, the kiwi lost close to 4 percent of its value against both the US dollar and euro, to respective rates of $0.67 and €0.59, and it lost 5.5 percent against the yen, to ¥74.55. Year-to-date values versus the dollar, euro and yen at the time of writing were -5.4, -0.2 and -6.7 percent respectively.

In December, the team at TradingEconomics.com were forecasting NZD/USD 4.4 percent lower 12 months ahead, at $0.64.

United States Dollar (USD) - Market news and forecasts

1-January-19: Against a basket of currencies, the US dollar struck an 18-month high in mid-December before giving up some ground in the final weeks of the year. When 2018 was done, the US Dollar Index had gained 6 percent, making the greenback one of 2018’s best performing currencies; however, it was still worth 7.5 percent less than its 2017 high.

The consensus is for dollar weakness in 2019. Big players have long been skeptical of the Fed’s projected path for interest rates and this skepticism appeared justified when, in December, the Fed lowered its expectations for 2019 hikes due to so-called “cross currents” (China, Brexit, trade wars etc.).

In the aftermath of the Fed’s December meeting, Scotiabank said the dollar was “poised to weaken.”

ING said the dollar “is now overvalued against a host of currencies, particularly those in emerging markets.”

JP Morgan had been dollar-bearish prior to the Fed meeting.

SEB suggested that the dollar might weaken against the pound to $1.37 per GBP, or worse upon very positive Brexit developments.

A CIBC analyst said the dollar would weaken against the Australian dollar from $0.70 per AUD to levels “well north of $0.75,” and perhaps as weak as $0.78.

Sorry, our travel money calculators are currently only available for comparing exchange rates rates for buying foreign cash and travel money in Australia, Canada, France, Germany, Netherlands, New Zealand, United Kingdom and the USA.

Currency News and Forecasts - New Zealand Dollar

US Dollar Posts Worst Day in 7 Weeks After Fed Cuts Interest Rate Forecasts
Australian Dollar Lacks Inspiration Following RBA Minutes, Looks Cheap ...
AUD/USD Forecast at $0.75 in 3 Months’ Time; Potential for Extreme AUD/...
More Good News for Aussie, Kiwi; Not So Great for Bitcoin
USD Slumps as Fed Signals Less Rate Hikes Ahead; AUD, NZD to Benefit Most
AUD, NZD Lead the Pack; No Imminent Recovery for CAD (SocGen)