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    OFX NZD to TWD Exchange Rates Compared Live

    The OFX NZD to TWD rate is 18.4022. This is -4.4% below the mid-rate. Compare OFX currency conversion rates - Reduce FX costs.

    NZD-TWD Loading Rates ...
     

     
    As of March 8, the NZD/TWD exchange rate sits at 18.76, about 0.9% above its three-month average of 18.59. FX analysts note recent gains are driven by rising dairy prices, but potential geopolitical tensions and a global tech slowdown present risks ahead. 10-Mar

     
     

    What is the OFX Send Money conversion rate for NZD to TWD?

    The OFX NZD to TWD exchange rate is 18.4022. This is -4.4% compared to the latest NZD-TWD mid-market rate 19.25.

    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 New Taiwan dollar (TWD) rates from different sources before making a conversion.

    How do OFX NZD-TWD rates compare between providers?

    Looking at our comparison table the best NZD to TWD exchange rate is 19.12 from Wise, -0.68% from the mid-market rate 19.25. The next best rate is 18.97 from WorldRemit, -1.5% from the mid-rate. Then OFX with 18.4022 is -4.4% from the mid-rate.

    Among the banks, the ANZ Bank rate is 18.02 at -6.4%, the BNZ Bank rate is 17.81 at -7.5%, and the TSB Bank rate is 17.69 at -8.1% compared to the mid-rate 19.25.

    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 like OFX or platforms that offer rates closer to the mid-market rate.

    What are the OFX rates for other currencies?

    The table below shows OFX New Zealand dollar (NZD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :

     
    Currency route Mid market rate OFX Send Money Rate Cost%
    NZD - AED2.17952.1686-0.5%*
    NZD - AUD0.93180.9271-0.5%*
    NZD - BND0.78150.7431-4.9%
    NZD - CAD0.82460.8205-0.5%*
    NZD - CHF0.48490.4825-0.49%*
    NZD - CNY4.34074.1945-3.4%
    NZD - CZK13.1413.07-0.53%*
    NZD - DKK3.90723.8877-0.5%*
    NZD - EUR0.52410.5215-0.5%*
    NZD - FJD1.35891.2996-4.4%
    NZD - GBP0.44870.4465-0.49%*
    NZD - HKD4.60294.5799-0.5%*
    NZD - HUF213.77212.7-0.5%*
    NZD - IDR9,982.28.685-
    NZD - ILS2.18962.1787-0.5%*
    NZD - INR50.8948.9039-3.9%
    NZD - JPY84.7284.3-0.5%*
    NZD - KRW845.89802.7402-5.1%
    NZD - KWD0.18200.1811-0.49%*
    NZD - LKR177.05170.5323-3.7%
    NZD - MAD5.51565.3142-3.7%
    NZD - MGA2,709.71.93-
    NZD - MXN11.8611.8-0.51%*
    NZD - MYR2.61832.6052-0.5%*
    NZD - NOK6.27996.2485-0.5%*
    NZD - OMR0.22840.2215-3%
    NZD - PEN2.21882.135-3.8%
    NZD - PGK2.41872.3012-4.9%
    NZD - PHP33.6533.48-0.51%*
    NZD - PKR166.64161.1998-3.3%
    NZD - PLN2.24632.2351-0.5%*
    NZD - SAR2.22662.1508-3.4%
    NZD - SBD4.95744.421-10.8%
    NZD - SCR8.45807.7973-7.8%
    NZD - SEK5.81535.7862-0.5%*
    NZD - SGD0.78100.7771-0.5%*
    NZD - THB19.9019.8-0.5%*
    NZD - TOP1.42871.328-7%
    NZD - TRY22.6122.5-0.49%*
    NZD - TWD19.2518.4022-4.4%
    NZD - USD0.59340.5904-0.51%*
    NZD - VND15,32214461.7339-
    NZD - VUV70.4566.4498-5.7%
    NZD - WST1.66151.5022-9.6%
    NZD - XOF343.76330.6012-3.8%
    NZD - XPF62.5460.3108-3.6%
    NZD - ZAR11.2011.14-0.54%*
    OFX Send Money Exchange Rates
      

    * BER discount rate that we have negotiated with OFX. To obtain these special rates, click through to OFX from our above exchange rate comparison tool.

     

    Compare Rates

     

    The OFX Kiwi to New Taiwan dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest NZD-TWD mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    OFX at a glance:

    OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.

    OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.

    OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.

    When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.

    Learn more about OFX

    Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.

    Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.

    What Savings Can I Expect with OFX?

    OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.

    When you register via our OFX 0.5% exclusive offer for BER users the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.

    For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.

     
     

    NZD to TWD Market Data

    New Zealand dollar (NZD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell NZD   →   Buy TWD
    1 NZD =
    19.25We compare provider deals to this wholesale mid-market rate. Read more
    TWD
    +0.3% since yesterday
    NZD to TWD is at 7-day highs near 18.91, 1.1% above its 3-month average of 18.71, having traded in a quite stable 5.0% range from 18.28 to 19.20
    |
    Tracker

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      1 TWD = 0.051936 NZD
    DateNZD/TWDChangePeriod
    07 Jul 2023
    19.41
    0.2% 2 Week
    22 Apr 2023
    18.81
    3% 3 Month
    21 Jul 2022
    18.66
    3.8% 1 Year
    22 Jul 2018
    20.86
    7.1% 5 Year
    23 Jul 2013
    23.86
    18.8% 10 Year
    26 Jul 2003
    20.32
    4.7% 20 Year
    NZD/TWD historic rates & change to 21-Jul-2023
     

    What are equivalent amounts of NZD and TWD?

    Here are some popular conversion amounts for NZD to TWD (New Zealand dollar to New Taiwan dollar)*.

    NZD TWD
    NZ$ 1 NT$ 19.25
    NZ$ 5 NT$ 96.25
    NZ$ 10 NT$ 192.50
    NZ$ 20 NT$ 385.00
    NZ$ 50 NT$ 962.50
    NZ$ 100 NT$ 1,925
    NZ$ 250 NT$ 4,813
    NZ$ 500 NT$ 9,625
    NZ$ 1,000 NT$ 19,250
    NZ$ 2,000 NT$ 38,500
    NZ$ 5,000 NT$ 96,250
    NZ$ 10,000 NT$ 192,500
    NZ$ 20,000 NT$ 385,000
    NZ$ 50,000 NT$ 962,500
    NZ$ 100,000 NT$ 1,925,000
    NZD TWD
    NZ$ 0.0519 NT$ 1
    NZ$ 0.2597 NT$ 5
    NZ$ 0.5194 NT$ 10
    NZ$ 1.0387 NT$ 20
    NZ$ 2.5968 NT$ 50
    NZ$ 5.1936 NT$ 100
    NZ$ 12.98 NT$ 250
    NZ$ 25.97 NT$ 500
    NZ$ 51.94 NT$ 1,000
    NZ$ 103.87 NT$ 2,000
    NZ$ 259.68 NT$ 5,000
    NZ$ 519.36 NT$ 10,000
    NZ$ 1,039 NT$ 20,000
    NZ$ 2,597 NT$ 50,000
    NZ$ 5,194 NT$ 100,000

    More amounts

    *Converted at the current NZDTWD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for NZD to TWD

     

    Recent forecasts for the NZD to TWD exchange rate reflect a complex interplay of global trade dynamics and local economic factors. Following the announcement of a 10% tariff on imports from New Zealand by U.S. President Donald Trump, analysts note that the New Zealand dollar (NZD) has managed to strengthen despite a recent interest rate cut by the Reserve Bank of New Zealand (RBNZ). This resilience suggests that investors are currently focused on broader market risk dynamics rather than immediate domestic economic data.

    Read our full review of recent NZD to TWD forecasts.

     
    TWD and flag

    How to get a good NZD to TWD exchange rate

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

    1. Shop around for the best NZD/TWD 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/TWD 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 TWD 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 New Taiwan dollar with New Zealand dollar, then it's better for the NZD/TWD 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 Taiwan — a practical currency and money guide to travel in Taiwan plus living and doing business with the New Taiwan 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.

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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Compare Rates

    Will the New Zealand dollar rise against the New Taiwan dollar?

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

     
    Track Rate
     

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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.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    New ZealandNew Zealand (NZD)TaiwanTaiwan (TWD)
     

    Are there limits on foreigners buying property in Taiwan?

    There are no special limits on foreigners, except for Chinese, buying property in Taiwan.

    Foreigners and foreign companies who purchased property after the beginning of 2016 will have to pay extra taxes on any profit when they sell. This tax will vary depending on the length of ownership.

    What you can buy for...

    Read more at our Taiwan (TWD) country guide

       
     
     
     

    Related exchange rates


    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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