New Zealand Dollar (NZD) Exchange Rates Today
Live rates, 30-day trends, and real talk about what banks charge you for New Zealand Dollar.
Mid-market rate - no bank markup 200+ currencies Free
What is the New Zealand Dollar?
Nicknamed the 'Kiwi'. New Zealand's economy is heavily influenced by dairy exports, making NZD sensitive to global dairy auction prices.
Symbol: NZ$ ISO code: NZD Central bank: Reserve Bank of New Zealand (RBNZ)
BIS ranking: 14th most traded (the 14th most bought and sold currency worldwide) Used in: New Zealand, Cook Islands, Niue, Tokelau
This page is a hub for all NZD exchange rates on our site. Use the converter above to check the current mid-market rate for New Zealand Dollar against any supported currency, or scroll down to browse individual pair pages with 30-day charts, historical data, and conversion tables.
How New Zealand Dollar is commonly exchanged
Known as the 'Kiwi,' the New Zealand Dollar is heavily influenced by dairy exports - New Zealand's top commodity. NZD/USD is the main pair, and NZD often moves in tandem with AUD. The Reserve Bank of New Zealand's interest rate decisions have an outsized impact given New Zealand's small, open economy.
Most NZD conversions pass through one of the major pairs listed below. For less common combinations, rates are computed as cross-rates through USD or EUR, which may carry a slightly wider spread.
Practical notes for New Zealand Dollar
Travel and card conversions
If you are spending in New Zealand Dollar, a card with no foreign transaction fee is typically the best option. Always choose to be charged in NZD (the local currency) at point of sale - selecting your home currency triggers Dynamic Currency Conversion, which adds an unnecessary 3-6% markup to your transaction.
Weekend and holiday pricing
Currency markets close Friday at 5pm Eastern and reopen Sunday at 5pm Eastern. During this window, the rate you see is Friday's closing price. Some providers widen their spreads on weekends. If your conversion is not urgent, waiting until Monday often means a tighter spread and a rate that reflects current market conditions.
Large transfers
For conversions above 10,000 NZD, consider a specialist FX broker rather than your bank. The difference in rate on a large transfer can be significant - even a 0.5% improvement on a large sum adds up quickly. Get quotes from at least two providers and compare the final amount the recipient would receive, not just the headline rate.
The Reserve Bank of New Zealand (RBNZ) and the New Zealand Dollar
The Reserve Bank of New Zealand (RBNZ) has a 1-3% inflation target and a unique dual mandate including maximum sustainable employment.
Policy tool: The Official Cash Rate (OCR), reviewed seven times per year. RBNZ decisions have an outsized impact given NZ's small, open economy.
Key data releases: NZ CPI (quarterly), employment, and global dairy prices (via the GDT auction) all influence NZD.
Did you know?
- New Zealand's dollar coins feature the kiwi bird, which is why the currency is nicknamed the 'Kiwi' in forex markets.
Frequently asked questions
What is the NZD exchange rate today?
The live mid-market rate is shown in the converter above. It updates every 60 seconds during market hours (Sunday 5pm ET through Friday 5pm ET). Scroll down to see NZD rates against all supported currencies.
What is the mid-market rate for New Zealand Dollar?
The mid-market rate is the midpoint between wholesale buy and sell prices - the fairest benchmark before any provider adds markup. It is the rate shown on this page. Your bank or service will offer a different rate that includes their margin.
How is NZD performing this month?
Use the converter above and click through to any pair page to see the 30-day range bar, which shows where today's rate sits relative to the recent trend. The rate statistics panel shows 30-day low, high, average, and volatility.
Where can I find historical NZD rates?
Click on any pair page below and scroll to the history chart. You can view 7-day, 30-day, or 1-year history with daily rates. Use the date picker to look up a specific historical date.
What affects the value of New Zealand Dollar?
Central bank interest rate decisions from the Reserve Bank of New Zealand (RBNZ) are typically the largest driver. Inflation data, economic growth figures, trade balances, and political stability also matter. On a day-to-day basis, scheduled economic data releases and central bank communication can cause noticeable moves.
Why do different sites show different NZD rates?
Different providers use different data sources, update at different times, and may show rates that already include their markup. The mid-market rate (shown here) is the most neutral benchmark. If a site shows a rate that is noticeably worse, that difference is likely their margin built into the number.
How is the NZD exchange rate set?
Most exchange rates are determined by supply and demand in the global forex market, where banks, funds, and corporations trade currencies 24 hours a day on weekdays. Interest rate differentials between central banks are the biggest long-term driver. No single entity "sets" the rate - it emerges from millions of transactions.
Learn more
- RBNZ - Exchange Rates - Official Reserve Bank of New Zealand daily rates
- Stats NZ - New Zealand economic data including trade, GDP, and CPI
NZD rate statistics
New Zealand Dollar rate context
We compare the current New Zealand Dollar exchange rate against its recent trading range to help you decide whether now is a good time to convert. The live analysis updates throughout market hours.
Rate analysis updates when live data is available.
Forex Market Hours
The forex market is open 24 hours a day, five days a week. Trading passes between these major financial centers as the world turns.
| Market | Timezone | Local Time | Status |
|---|---|---|---|
| 🇦🇺 Sydney | AEST | — | — |
| 🇯🇵 Tokyo | JST | — | — |
| 🇬🇧 London | GMT/BST | — | — |
| 🇺🇸 New York | ET | — | — |
All NZD Currency Pairs
Live exchange rate pages for New Zealand Dollar against every supported currency.