The comparison table above helps you see the total cost of your 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 details and click ‘Get Rates’.
CAD to NZD Market Data
Canadian dollar (CAD) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the CAD to NZD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the New Zealand dollar is to review how the CAD/NZD rate has changed over time.
The table below shows the percentage change in the CAD to NZD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/NZD
Change
Period
23 May 2025
1.2162
0.4% ▼
2 Week
08 Mar 2025
1.2188
0.6% ▼
3 Month
06 Jun 2024
1.1807
2.6% ▲
1 Year
07 Jun 2020
1.1424
6% ▲
5 Year
09 Jun 2015
1.1333
6.9% ▲
10 Year
11 Jun 2005
1.1272
7.5% ▲
20 Year
CAD/NZD historic rates & change to 06-Jun-2025
CAD/NZD under pressure w/ CAD hit by trade deficit & unemployment worries. Now @ 1.2108, below 3mo avg of 1.2187. Analysts warn oil price drops (now 2.3% below avg) could weigh further on loonie while NZD gains on risk-on sentiment. #ForexUpdate #CAD #NZD
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian 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 CAD amounts at today’s rate * :
The standard OFX CAD-NZD rate is 1.1914, -1.7% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to New Zealand dollar (NZD) rates from different sources before making a conversion.
The above
Loonie to Kiwi comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-NZD mid-rate and the possible savings of using various providers.
How do CAD-NZD rates compare between providers?
Looking at the
full comparison table
the best CAD to NZD exchange rate is 1.2063 from OFX, -0.5% from the mid-market rate 1.2124. The next best rate is 1.2053 from Wise, -0.59% from the mid-rate. Then XE with 1.2051 is -0.6% from the mid-rate.
The Western Union rate is 1.2003 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 1.1068 at -8.7% the Scotiabank rate is 1.1714 at -3.4% and the Royal Bank of Canada rate is 1.1794 at -2.7% compared to the mid-rate 1.2124.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.