BER Benchmark: BNZ Bank NZD FX Rates & Margins
BER Benchmark monitors BNZ Bank exchange rates across the NZD currency corridors tracked by BER. The current average margin versus the mid-market rate is 2.5%.
This average is based on the NZD 50 transfer rates currently monitored by BER across the available BNZ Bank currency corridors.
BNZ Bank - Lowest and Highest FX Margins
BER Benchmark ranks the BNZ Bank currency corridors currently monitored for New Zealand dollar transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a NZD 50 transaction.
Rate direction
New Zealand dollar to Japanese yen · NZD/JPY trend
Review the recent market direction, current mid-market rate and significant movement alerts.
NZD/JPY exchange rate
90-day market context
NZD to JPY at 93.35 is near its 3-month average, having traded in a quite stable 4.6% range from 91.22 to 95.40
Quick NZD/JPY forecast
Currency Forecasts related to NZD/JPY
NZD to JPY Exchange Rate Forecast & Outlook
Currently, NZD/JPY is trading near 7-day highs around 93.01, holding close to its 3-month average within a stable range. The dominant driver remains the rate differential, with NZD supported by RBNZ rate hike...
NZD to JPY Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much New Zealand dollar are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different NZD amounts at today’s rate * :
| NZD | JPY |
|---|---|
| NZ$ 1,000 | ¥ 92,950 |
| NZ$ 5,000 | ¥ 464,750 |
| NZ$ 20,000 | ¥ 1,859,000 |
| NZ$ 100,000 | ¥ 9,295,000 |
More amounts
*Converted at the current NZD-JPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
BNZ Bank Send Money conversion rate for NZD to JPY?
The BNZ Bank NZD to JPY exchange rate is 91.49. This is -1.6% compared to the latest NZD-JPY mid-market rate 92.95.
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.
The above BNZ Bank - Kiwi to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by BNZ Bank and other foreign exchange providers against the latest NZD-JPY mid-rate and the possible savings of using various providers.
How do BNZ Bank NZD-JPY rates compare between providers?
Looking at the full NZD to JPY - Send Money comparison table the provider with the best NZD to JPY exchange rate is OFX at 92.48, -0.51% from the latest mid-market rate 92.95.
The next best is XE at 92.39, -0.6% from the mid-rate.
Then Wise at 92.37, which is -0.62% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like BNZ Bank 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.