The live mid-rate NZD to JPY exchange rate is 87.34. Compare currency conversion rates - Reduce FX costs.
The best NZD to JPY exchange rate is our partner deal rate of 86.9 from OFX . This is -0.5% compared to the mid-market rate 87.34.
The standard OFX NZD-JPY rate is 85.2357, -2.4% from the mid-rate. Visit OFX here to secure the better rate.
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 Japanese yen (JPY) rates from different sources before making a conversion.
Looking at our comparison table the best NZD to JPY exchange rate is 86.9 from OFX, -0.5% from the mid-market rate 87.34. The next best rate is 86.82 from XE, -0.6% from the mid-rate. Wise with 86.73 is -0.7% from the mid-rate.
Among the banks, the ANZ Bank rate is 82.55 at -5.5%, the BNZ Bank rate is 82.53 at -5.5%, and the TSB Bank rate is 82 at -6.1% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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 Kiwi to Yen comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest NZD-JPY mid-rate (see Market Data below ) and the possible savings of using various providers.
New Zealand dollar (NZD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | NZD/JPY | Change | Period |
---|---|---|---|
31 Jan 2025 | 87.50 | 0.5% ▼ | 2 Week |
16 Nov 2024 | 90.48 | 3.8% ▼ | 3 Month |
15 Feb 2024 | 91.64 | 5% ▼ | 1 Year |
16 Feb 2020 | 70.77 | 23% ▲ | 5 Year |
17 Feb 2015 | 89.80 | 3.1% ▼ | 10 Year |
19 Feb 2005 | 76.15 | 14.3% ▲ | 20 Year |
Here are some popular conversion amounts for NZD to JPY (New Zealand dollar to Japanese yen)*.
NZD | JPY |
---|---|
NZ$ 1,000 | ¥ 87,340 |
NZ$ 5,000 | ¥ 436,700 |
NZ$ 20,000 | ¥ 1,746,800 |
NZ$ 100,000 | ¥ 8,734,000 |
More amounts
*Converted at the current NZDJPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The NZD to JPY exchange rate has been influenced by various recent developments in both economies, reflecting broader trends in market sentiment and interest rates. Currently, the New Zealand dollar (NZD) is facing downward pressure amid risk-off sentiment in financial markets, as highlighted by its recent performance mirroring that of the Australian dollar. Analysts caution that if investors remain risk-averse, the NZD could continue to struggle, particularly against the backdrop of potential geopolitical tensions, such as a possible revival of stringent tariffs under a Trump presidency affecting key trading partners. Such factors could dampen demand for New Zealand's essential commodities, further exerting pressure on the NZD.
Read our full review of recent NZD to JPY forecasts.
There are several ways to save on exchange rates when converting New Zealand dollar to Japanese yen:
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.
Read our Currency guide to Japan — a practical currency and money guide to travel in Japan plus living and doing business with the Japanese yen.
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/JPY 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
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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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