The Royal Bank of Canada NZD to CAD rate is 0.7658. This is -7.2% below the mid-rate. Compare Royal Bank of Canada currency conversion rates - Reduce FX costs.
The Royal Bank of Canada NZD to CAD exchange rate is 0.7658. This is -7.2% compared to the latest NZD-CAD mid-market rate 0.8252.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to Canadian dollar (CAD) rates from different sources before making a conversion.
Looking at our comparison table the best NZD to CAD exchange rate is 0.8211 from OFX, -0.5% from the mid-market rate 0.8252. The next best rate is 0.8203 from XE, -0.59% from the mid-rate. Then Wise with 0.8195 is -0.69% from the mid-rate.
Among the banks, the ANZ Bank rate is 0.8255 at 0.04%, the BNZ Bank rate is 0.7856 at -4.8%, and the TSB Bank rate is 0.7807 at -5.4% compared to the mid-rate 0.8252.
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 Royal Bank of Canada Kiwi to Loonie 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 NZD-CAD 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.
New Zealand dollar (NZD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | NZD/CAD | Change | Period |
|---|---|---|---|
11 Apr 2025 | 0.8071 | 2.9% ▲ | 2 Week |
25 Jan 2025 | 0.8194 | 1.3% ▲ | 3 Month |
25 Apr 2024 | 0.8137 | 2% ▲ | 1 Year |
26 Apr 2020 | 0.8497 | 2.3% ▼ | 5 Year |
28 Apr 2015 | 0.9320 | 10.9% ▼ | 10 Year |
30 Apr 2005 | 0.9189 | 9.7% ▼ | 20 Year |
Here are some popular conversion amounts for NZD to CAD (New Zealand dollar to Canadian dollar)*.
| NZD | CAD |
|---|---|
| NZ$ 1,000 | C$ 825.20 |
| NZ$ 5,000 | C$ 4,126 |
| NZ$ 20,000 | C$ 16,504 |
| NZ$ 100,000 | C$ 82,520 |
| NZD | CAD |
|---|---|
| NZ$ 1,212 | C$ 1,000 |
| NZ$ 6,059 | C$ 5,000 |
| NZ$ 24,236 | C$ 20,000 |
| NZ$ 121,180 | C$ 100,000 |
More amounts
*Converted at the current NZDCAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent currency market updates and forecasts indicate a mixed outlook for the NZD to CAD exchange rate. The New Zealand dollar (NZD) has shown resilience and climbed amid positive market sentiment, particularly driven by relief following U.S. tariff announcements targeting several global economies, including New Zealand. Analysts suggest that as risk sentiment remains upbeat, this could support further gains for the NZD, especially since it often moves in correlation with the Australian dollar (AUD) due to shared economic dependencies.
Read our full review of recent NZD to CAD forecasts.
There are several ways to save on exchange rates when converting New Zealand dollar to Canadian dollar:
Generally speaking, if you are buying Canadian dollar with New Zealand dollar, then it's better for the NZD/CAD 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 Canada — a practical currency and money guide to travel in Canada plus living and doing business with the Canadian 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 NZD/CAD 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) |
Here are a few things to consider when sending money to Canada:
Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.
Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.
Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.
Read more at our Canada (CAD) country guide
News2025-03-19
The global currency landscape is experiencing notable shifts as the euro strengthens against major currencies, influenced by economic policies, geopolitical events, and fluctuating oil prices.
Economists are predicting that the Canadian dollar could rise this year.
Further reading on the Canadian dollar (CAD) - Guides, Reviews & News from our research team.
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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