The comparison table above helps you see the total cost of your HSBC 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’.
CAD to NZD Market Data
Canadian dollar (CAD) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: CAD/USD is bullish-to-range-bound, trading above its 90-day average and in the upper half of the 3-month range, with oil and data helping support this bias.
Bias
CAD/NZD remains bearish-to-range-bound, below the 90-day avg in the 3-month range. NZD has a modest yield edge as the RBNZ stays above the BoC. Oil strength supports CAD; NZD remains pressured by RBNZ easing.
Key drivers
- Rate gap: The Bank of Canada’s policy rate sits below the Reserve Bank of New Zealand’s, implying NZD could carry a modest yield edge and attract money flows when risk appetite improves.
- Oil/commodities: Oil is near 30-day highs and above its 3-month average, bolstering CAD through Canada’s commodity link while injecting volatility that can sharpen moves in CAD/NZD.
- Macro factor: The RBNZ is in an easing cycle with signals of further cuts, which can keep NZD under pressure relative to a slowly-adjusting global backdrop.
Range
The pair is likely to drift within the 3-month range, with tests of the lower end possible if risk-off conditions persist.
What could change it
- Upside risk: stronger Canadian data (trade balance or employment) could push CAD higher.
- Downside risk: further NZD weakness from more RBNZ rate cuts or renewed risk-off mood
@bestfxrates
CAD 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 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 * :
What is the
HSBC Send Money conversion rate for CAD to NZD?
The HSBC CAD to NZD exchange rate is 1.1807. This is -5.8% compared to the latest CAD-NZD mid-market rate 1.2529.
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
HSBC - Loonie to Kiwi comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
HSBC and other foreign exchange providers against the latest CAD-NZD mid-rate and the possible savings of using various providers.
How do HSBC CAD-NZD rates compare between providers?
Looking at the full
CAD to NZD - Send Money comparison table the provider with the best CAD to NZD exchange rate is OFX at 1.2467, -0.49% from the latest mid-market rate 1.2529.
The next best is XE at 1.2454, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like HSBC 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.