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    CAD to NZD Exchange Rates

    Compare & Save - Canadian dollar to New Zealand dollar exchange rates. Latest loonie→kiwi analysis and review of forecasts.

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    Compare & Save - Canadian dollar to New Zealand dollar

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to New Zealand dollar (NZD) rates from different sources before making a conversion.

    The above Rate Calculator and Comparison Table makes it easy to compare the Total Cost you are being charged on loonie to kiwi currency rates and the possible savings of using various providers.


    In this loonie to kiwi (CAD/NZD) rate guide:

     
     
    @bestfxrates : Market update, Sep 29: FX analysts anticipate a stable CAD to NZD exchange rate. The CAD is currently near a 14-day low of 1.2428, just 0.8% above its 3-month average. Potential housing market declines hold downside risks for the CAD. On the flip side, NZD is strained by risk-off sentiment. Oil prices may steer CAD trends in the coming weeks, with the current OIL to USD price at 11.4% above its 3-month average. Stay tuned to market trends! #CADNZD #CurrencyExchange #FinanceNews

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    CAD to NZD Market Data

    Canadian dollar (CAD) to New Zealand dollar (NZD) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 CAD =
    1.2274We compare provider deals to this wholesale mid-market rate. Read more
    NZD
    CAD to NZD is at 30-day lows near 1.2274, just below its 3-month average, having traded in a quite stable 5.6% range from 1.1864 to 1.2533
    |
    Sell CAD   →   Buy NZD
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    30-DAYLOW1d
    1-DAY-1.3%1d
     
    DateCAD/NZDChangePeriod
    15 Sep 2023
    1.2522
    1.9% 2 Week
    01 Jul 2023
    1.2297
    0.2% 3 Month
    29 Sep 2022
    1.2737
    3.6% 1 Year
    30 Sep 2018
    1.1763
    4.4% 5 Year
    01 Oct 2013
    1.1716
    4.8% 10 Year
    04 Oct 2003
    1.2535
    2.1% 20 Year
    CAD/NZD historic rates & change to 29-Sep-2023

    Forecasts for CAD to NZD

    CADNZD chart
    30-DAYLOW1d
    1-DAY-1.3%1d

    According to recent exchange rate forecasts and currency market updates, FX analysts expect the CAD to NZD exchange rate to remain relatively stable in the near term. The Canadian dollar has been influenced by the risk-on and risk-off sentiment in financial markets, rather than the fundamental factors in the US and Canada. The continued decline in housing prices and potential negative wealth effects could put additional pressure on the Canadian dollar in 2023.

    Read our full CAD to NZD forecasts analysis

     
    CAD to NZD flags

    How to get a good CAD to NZD exchange rate

    There are several ways to save on exchange rates when converting Canadian dollar to New Zealand dollar:

    1. Shop around for the best CAD/NZD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the CAD/NZD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and NZD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying New Zealand dollar with Canadian dollar, then it's better for the CAD/NZD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Canadian dollar rise against the New Zealand dollar?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add CAD/NZD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to New Zealand - a practical currency and money guide to travel, living and doing business in New Zealand with the New Zealand dollar.

     
     
     

    Country Currency Guides

    New ZealandNew Zealand (NZD)CanadaCanada (CAD)Cook IslandsCook Islands (NZD)
    NiueNiue (NZD)PitcairnPitcairn (NZD)TokelauTokelau (NZD)
     

    Is New Zealand a cheap place to live?

    The cost of living in New Zealand can vary depending on the location and lifestyle of the individual, however, it is generally considered to be relatively expensive compared to some other countries.

    It is worth noting that the cost of living in New Zealand can vary depending on the region and lifestyle you choose to live. Some smaller towns and rural areas might have more affordable cost of living than the big cities.

    Read more at our New Zealand (NZD) country guide

       
     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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