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    Best NZD to EUR Exchange Rates Compared Live

    The best NZD to EUR exchange rate is 0.5721. We compare conversion costs to this mid-market rate and other FX providers, find better rates & deals.

    New Zealand dollar to Euro (NZDEUR) rate guide contents:

    Compare NZD-EUR exchange rates

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

    This Kiwi to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest NZD-EUR mid-rate and the possible savings of using another provider.

     

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    @bestfxrates : NZDEUR mixed as NZD weakens on lower business inflation expectations & RBNZ rate hike bets cool. But optimism for NZD rebound in Q2 '24 as USD dips. EUR supported by strong German sentiment, yet Eurozone concerns linger. NZDEUR at 0.5670; watch oil prices' impact on EUR. - FX Analysts #CurrencyUpdate #NZDEUR #ForexMarket

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    NZD to EUR Market Data

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

     
    1 NZD =
    0.5721We compare provider deals to this wholesale mid-market rate. Read more
    EUR
    +0.2%
    πŸ“ˆ1M
    NZD to EUR is at 30-day highs near 0.5715, just 0.8% above its 3-month average of 0.5671, having traded in a very stable 3.4% range from 0.5544 to 0.5732
    |
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    DateNZD/EURChangePeriod
    07 Feb 2024
    0.5669
    0.8% β–²2 Week
    23 Nov 2023
    0.5546
    3% β–²3 Month
    21 Feb 2023
    0.5836
    2.1% β–Ό1 Year
    22 Feb 2019
    0.6037
    5.4% β–Ό5 Year
    23 Feb 2014
    0.6023
    5.1% β–Ό10 Year
    26 Feb 2004
    0.5528
    3.4% β–²20 Year
    NZD/EUR historic rates & change to 21-Feb-2024

    Forecasts for NZD to EUR

     

    According to recent forecasts and market updates from FX analysts, the outlook for the NZD to EUR exchange rate is mixed. The New Zealand Dollar (NZD) has recently weakened against its peers, including the Euro (EUR), as business inflation expectations fell below expectations. This has led to a scaling back of bets on further interest rate hikes from the Reserve Bank of New Zealand (RBNZ). However, looking ahead to the year 2024, major banks and financial institutions are cautiously optimistic about the NZD, expecting it to rally, particularly in the second quarter as the USD declines.

    Read our full review of recent NZD to EUR forecasts.

     

    How to get a good NZD to EUR exchange rate

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

    1. Shop around for the best NZD/EUR 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 NZD/EUR 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 NZD and EUR 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 Euro with New Zealand dollar, then it's better for the NZD/EUR 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 New Zealand dollar rise against the Euro?

    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/EUR to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; UpπŸ“ˆ or DownπŸ“‰ trends over periods from 1 week (1W) to 3 months (3M).

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

     
     
     

    Country Currency Guides

    EurozoneEurozone (EUR)New ZealandNew Zealand (NZD)Aaland IslandsAaland Islands (EUR)
    AndorraAndorra (EUR)AustriaAustria (EUR)BelgiumBelgium (EUR)
    CroatiaCroatia (EUR)CyprusCyprus (EUR)EstoniaEstonia (EUR)
    FinlandFinland (EUR)FranceFrance (EUR)French GuineaFrench Guinea (EUR)
    French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)GreeceGreece (EUR)
    GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)IrelandIreland (EUR)
    ItalyItaly (EUR)LuxembourgLuxembourg (EUR)MaltaMalta (EUR)
    MartiniqueMartinique (EUR)MayotteMayotte (EUR)MonacoMonaco (EUR)
    MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)PortugalPortugal (EUR)
    ReunionReunion (EUR)Saint BarthelemySaint Barthelemy (EUR)Saint MartinSaint Martin (EUR)
    Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)
    SloveniaSlovenia (EUR)SpainSpain (EUR)
     

    Which Eurozone country has the cheapest cost of living?

    The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:

    • Greece: Greece has a relatively low cost of living compared to other Eurozone countries.

    • Portugal: Portugal has a lower cost of housing than in other Eurozone countries.

    • Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.

    • Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.

      Read more at our Eurozone (EUR) 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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