ANZ Bank AUD to NZD Exchange Rates & Currency Deals
AUD-NZD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your ANZ Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
ANZ Bank - AUD Rate Margin Analysis
The average AUD rate margin offered by ANZ Bank is 4.1%.
This average is based on individual AUD 10K transfer rates in the currency pairs from ANZ Bank that we monitor.
ANZ Bank - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by ANZ Bank for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias: bullish-to-range-bound, as AUDNZD sits above its 90-day average and in the upper half of the three-month range, implying limited upside yet no clear downtrend.
Bias
bullish-to-range-bound, as AUDNZD sits above its 90-day average and in the upper half of the three-month range, implying limited upside yet no clear downtrend.
Key drivers
- Rate gap: the RBA has signaled possible hikes in the year to come while the NZ central bank has eased, widening the policy gap in favour of the AUD and supporting its relative appeal for yield and carry (yield advantage for investors).
- Macro factor: upcoming Australian CPI and Labour Force data in January could steer the pair, with stronger prints likely lifting the Australian dollar.
- Risk appetite: global risk mood has been mixed, with the kiwi more exposed to mood shifts while the Aussie remains relatively steadier, translating into a softer NZD in firmer markets.
Range
AUDNZD is likely to drift near the upper end of the three-month range, with occasional tests of the high and a few pauses along the way.
What could change it
- Upside risk: stronger Australian data or a hawkish RBA signal could push AUDNZD toward the top of the range.
- Downside risk: stronger NZ data or slower NZ rate cuts could narrow the gap and weigh on the aussie
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AUD to NZD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in New Zealand dollar across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
ANZ Bank Send Money conversion rate for AUD to NZD?
The ANZ Bank AUD to NZD exchange rate is 1.1376. This is -2.3% compared to the latest AUD-NZD mid-market rate 1.1641.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to New Zealand dollar (NZD) rates from different sources before making a conversion.
The above
ANZ Bank - Aussie to Kiwi comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ANZ Bank and other foreign exchange providers against the latest AUD-NZD mid-rate and the possible savings of using various providers.
How do ANZ Bank AUD-NZD rates compare between providers?
Looking at the full
AUD to NZD - Send Money comparison table the provider with the best AUD to NZD exchange rate is OFX at 1.1583, -0.5% from the latest mid-market rate 1.1641.
The next best is Wise at 1.1581, -0.52% from the mid-rate.
Then XE at 1.1571, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ANZ Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.