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    Best NZD to JPY Exchange Rates

    The best NZD to JPY rate is 91.00, and is the current mid-market exchange rate. We help you compare New Zealand dollar to Japanese yen rates and costs to this live market rate.

    In this kiwi to yen (NZD/JPY) rate guide:

    Compare exchange rates - NZD to JPY

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

    The below Rate Comparison Table makes it easy to compare the Total Cost you are being charged on kiwi to yen currency rates and the possible savings of using various providers.


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    @bestfxrates : The NZD/JPY has ascended to 90.41, up 2.4% in a steady climb within a narrow band, reflecting resilience. Eyes on the RBNZ for potential rate changes in 2024, likely impacting NZD. Meanwhile, no major BoJ policy shifts expected. Market monitors Yen's reaction to oil price volatility & USD dynamics. #NZDJPY #ForexUpdate

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    NZD to JPY Market Data

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

    1 NZD =
    91.00We compare provider deals to this wholesale mid-market rate. Read more
    NZD to JPY at 91.08 is 3.1% above its 3-month average of 88.37, having traded in a quite stable 5.6% range from 86.39 to 91.19
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      1 JPY = 0.010988 NZD
    90-DAY HIGH
    14 Nov 2023
    0.1% 2 Week
    30 Aug 2023
    4% 3 Month
    28 Nov 2022
    5.8% 1 Year
    29 Nov 2018
    16.2% 5 Year
    30 Nov 2013
    8.6% 10 Year
    03 Dec 2003
    28.8% 20 Year
    NZD/JPY historic rates & change to 28-Nov-2023

    Forecasts for NZD to JPY

    NZDJPY chart
    90-DAY HIGH

    The NZD/JPY exchange rate has seen a subtle rise, reaching 90.41, which positions it 2.4% above the three-month average of 88.31. This level of stability, within a relatively narrow 5.6% band ranging from 86.39 to 91.19, suggests a consistent performance for the New Zealand Dollar against the Japanese Yen. The outlook for the New Zealand Dollar moving into 2024 remains cautiously optimistic, as noted by FX analysts. The optimism is fueled by expectations of a decline in the USD, which may provide a tailwind for the NZD starting from the second quarter of 2024, provided that the Federal Reserve eases its policy. However, the Reserve Bank of New Zealand's (RBNZ) movements are pivotal, with predictions of a potential rate cut in the summer of 2024. Should there be a shift in the RBNZ's remit to focus on stricter inflation targeting, it could lead to a scenario of higher for longer rates, subsequently benefiting the NZD. Investors should keep a careful watch on economic risks tied to persistent inflation, the potential for recession, and the volatility in dairy product prices, as they can influence the currency's performance.

    Read our full NZD to JPY forecasts analysis

    NZD note

    How to get a good NZD to JPY exchange rate

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

    1. Shop around for the best NZD/JPY 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/JPY 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 JPY 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 Japanese yen with New Zealand dollar, then it's better for the NZD/JPY 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 Japanese yen?

    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/JPY to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

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


    Country Currency Guides

    New ZealandNew Zealand (NZD)JapanJapan (JPY)

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    The cost of living in Japan can vary depending on location, lifestyle, and individual needs. However, generally speaking, Japan is known to be one of the more expensive countries in the world, especially in terms of accommodation and transportation.

    Accommodation costs, particularly in the big cities such as Tokyo and Osaka, can be quite high. Rent for apartments can be very expensive, and purchasing a home can be out of reach for many.

    Read more at our Japan (JPY) 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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