Reserve Bank of New Zealand Foreign Transfer Rates Today
We help you save money by comparing Reserve Bank of New Zealand exchange rates to the latest market rate and those offered by leading FX providers.
Reserve Bank Of New Zealand
The Reserve Bank Of New Zealand (RBNZ) is the central bank of New Zealand. The role of central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.
Interest rates, inflation, and exchange rates are all intrinsically linked. When the RBNZ manipulates interest rates this impacts both the inflation in New Zealand and also the relative value of the NZ dollar compared to other currencies.
Sending money to Eurozone can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Eurozone bank accounts or pay a Euro invoice.
View a full list of exchange rates by selecting your Base (from) currency: