The Royal Bank of Canada CAD to NZD rate is 1.1762. This is -2.6% below the mid-rate. Compare Royal Bank of Canada currency conversion rates - Reduce FX costs.
The Royal Bank of Canada CAD to NZD exchange rate is 1.1762. This is -2.6% compared to the latest CAD-NZD mid-market rate 1.2070.
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.
Looking at our comparison table the best CAD to NZD exchange rate is 1.201 from OFX, -0.5% from the mid-market rate 1.2070. The next best rate is 1.1998 from XE, -0.6% from the mid-rate. Then Wise with 1.1986 is -0.7% from the mid-rate.
The Western Union rate is 1.195 which is -0.99% from the mid-rate.
Among the banks, the TD Bank rate is 1.1068 at -8.3%, the Scotiabank rate is 1.1671 at -3.3%, and the Royal Bank of Canada rate is 1.1762 at -2.6% compared to the mid-rate 1.2070.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Canada 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.
The table below shows Royal Bank of Canada Canadian dollar (CAD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Royal Bank of Canada Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AED | 2.6450 | 2.5773 | -2.6% |
| CAD - AUD | 1.1236 | 1.0946 | -2.6% |
| CAD - CHF | 0.5964 | 0.5814 | -2.5% |
| CAD - CZK | 15.83 | 15.36 | -3% |
| CAD - DKK | 4.7306 | 4.6104 | -2.5% |
| CAD - EUR | 0.6336 | 0.6153 | -2.9% |
| CAD - FJD | 1.6260 | 1.5763 | -3.1% |
| CAD - GBP | 0.5409 | 0.5248 | -3% |
| CAD - HKD | 5.5875 | 5.4466 | -2.5% |
| CAD - INR | 61.49 | 59.74 | -2.8% |
| CAD - JPY | 103.46 | 100.41 | -2.9% |
| CAD - MXN | 14.05 | 13.70 | -2.5% |
| CAD - NOK | 7.5162 | 7.2939 | -3% |
| CAD - NZD | 1.2070 | 1.1762 | -2.6% |
| CAD - PHP | 40.50 | 38.79 | -4.2% |
| CAD - SAR | 2.7011 | 2.6323 | -2.5% |
| CAD - SEK | 6.9738 | 6.7843 | -2.7% |
| CAD - SGD | 0.9463 | 0.9227 | -2.5% |
| CAD - USD | 0.7201 | 0.7058 | -2% |
The Royal Bank of Canada Loonie to Kiwi comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Canada and other foreign exchange providers against the latest CAD-NZD mid-rate (see Market Data below ) and the possible savings of using various providers.
RBC, also known as the Royal Bank of Canada, is one of the largest banks in Canada and a leading financial institution globally. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including personal and commercial banking, investment and wealth management, insurance, and capital markets services.
When you get a quote for your Wire Transfer from RBC on their website or in-app, you can also see the RBC exchange rate, but it can be difficult to then calculate how much markup you are being charged.
While RBC do publish their exchange rates here - Foreign Exchange Currency Converter, they do not reveal the markup on these rates.
Our research shows that on average, RBC markup for foreign exchange rates is somewhere between 3 - 7.5%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Canadian dollar (CAD) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/NZD | Change | Period |
|---|---|---|---|
11 Apr 2025 | 1.2390 | 2.8% ▼ | 2 Week |
25 Jan 2025 | 1.2204 | 1.3% ▼ | 3 Month |
25 Apr 2024 | 1.2290 | 2% ▼ | 1 Year |
26 Apr 2020 | 1.1769 | 2.3% ▲ | 5 Year |
28 Apr 2015 | 1.0730 | 12.2% ▲ | 10 Year |
30 Apr 2005 | 1.0883 | 10.6% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to NZD (Canadian dollar to New Zealand dollar)*.
| CAD | NZD |
|---|---|
| C$ 1,000 | NZ$ 1,207 |
| C$ 5,000 | NZ$ 6,035 |
| C$ 20,000 | NZ$ 24,140 |
| C$ 100,000 | NZ$ 120,700 |
| CAD | NZD |
|---|---|
| C$ 828.50 | NZ$ 1,000 |
| C$ 4,143 | NZ$ 5,000 |
| C$ 16,570 | NZ$ 20,000 |
| C$ 82,850 | NZ$ 100,000 |
More amounts
*Converted at the current CADNZD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecast for the CAD to NZD is shaped by ongoing dynamics in oil prices and geopolitical developments. Currently, the Canadian dollar (CAD), often referred to as the “loonie,” is facing downward pressure due to falling oil prices, which have reached $66.87, approximately 6.8% below their three-month average of $71.74. The CAD is closely tied to the oil market, as Canada is one of the world’s leading oil exporters. Analysts note that when oil prices decline, this typically leads to reduced demand for Canadian exports, resulting in a weaker CAD.
Read our full review of recent CAD to NZD forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to New Zealand dollar:
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.
Read our Currency guide to New Zealand — a practical currency and money guide to travel in New Zealand plus living and doing business with the New Zealand dollar.
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.
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 Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| New Zealand (NZD) | Canada (CAD) |  Cook Islands (NZD) |
 Niue (NZD) |  Pitcairn (NZD) |  Tokelau (NZD) |
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
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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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