Understanding the Table:
The comparison table above helps you see the total cost of your Commonwealth 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’.
The average AUD rate margin offered by Commonwealth Bank is 4.7%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Commonwealth Bank that we monitor.
The tables below show the best and worst exchange rate margins offered by Commonwealth Bank for Australian dollar (AUD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Australian dollar (AUD) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/NZD Outlook: Slightly positive, but likely to move sideways, as the rate stands above its recent average with limited drivers for further movement.
AUD/USD Outlook: The outlook for AUD/USD is slightly positive, but likely to move sideways as the rate remains above its recent average and near multi-year...
USD/NZD Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by concerns over US fiscal policy and central bank actions.
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 * :
| AUD | NZD |
|---|---|
| A$ 1,000 | NZ$ 1,161 |
| A$ 5,000 | NZ$ 5,807 |
| A$ 20,000 | NZ$ 23,228 |
| A$ 100,000 | NZ$ 116,140 |
| AUD | NZD |
|---|---|
| A$ 861.00 | NZ$ 1,000 |
| A$ 4,305 | NZ$ 5,000 |
| A$ 17,220 | NZ$ 20,000 |
| A$ 86,100 | NZ$ 100,000 |
More amounts
*Converted at the current AUD-NZD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Commonwealth Bank AUD to NZD exchange rate is 1.1189. This is -3.7% compared to the latest AUD-NZD mid-market rate 1.1614.
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 Commonwealth Bank - Aussie to Kiwi comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Commonwealth Bank and other foreign exchange providers against the latest AUD-NZD mid-rate and the possible savings of using various 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 1.1556, -0.5% from the latest mid-market rate 1.1614.
The next best is Wise at 1.1554, -0.52% from the mid-rate.
Then XE at 1.1544, which is -0.6% from the mid-rate.
The Western Union rate is 1.1498 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 1.1189 at -3.7% the ANZ Bank rate is 1.135 at -2.3% and the ING Bank rate is 1.0851 at -6.6% compared to the mid-rate 1.1614.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Commonwealth 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.
View a full list of exchange rates by selecting your Base (from) currency:
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