Sending a larger amount to ? Request a Free    Multi-Vendor Quote
 
Quick-Calc
Mid Rates
-->

Compare Foreign Exchange Rates | Banks & Online Currency Brokers

         Foreign Transfers

NZD/USD Exchange Rate Charts

NZD 1.00 = USD Reference Mid-Rate       Switch to /
Exchange Rates are different for International Bank Transfers & Travel Money   Select
BestExchangeRates compares the latest Foreign Exchange Rates from Banks & leading Currency Brokers to find you the best deals for your International Bank Transfers and Travel Money. We provide quick currency converter calculators, up-to-date foreign exchange research, news, charts and reviews of foreign exchange brokers and online payment providers to help you choose which is best for your needs.
Save Time & Money - Compare Bank & Broker Foreign Exchange Rates for :
Foreign Transfers     Travel Money & Cards

   Monday, 03 August 2015 - Market Commentary
Daily currency news provided by OzForex

The Australian dollar advanced into the close on Friday taking advantage of a poor U.S Labour market print and rallying through 0.73 U.S cents. The AUD touched intraday highs of 0.7353 but failed to convincingly break through key resistance levels and edged lower into the close after comments from Fed Reserve board member James (Jimmy) Bullard hinted at a possible September policy amendment. The Aussie plummeted 5.3% throughout July as a decline in global commodity prices, increased expectations of U.S rate adjustments, global financial instability (spearheaded by tumbling Shanghai composite and Greek debt crisis) and weakening Chinese growth prospects combined to prompt a rally in safe haven assets. With new ranges forming between 0.7180 and 0.7350 we look to the RBA,  retail sales and trade balance reports Tuesday for direction into the week ahead and Friday’s critical U.S non-farm payroll print.     
We expect a range today of 0.7180 – 0.7355
Charts : AUD/USD AUD/EUR AUD/GBP AUD/NZD AUD/JPY AUD/CHF AUD/CAD AUD/CNY
The Great British Pound advanced against most major currency counterparts through the last week of July as investors prepare for a raft of headline data events in the week ahead. The Bank of England (BoE) appears to be moving toward a tighter monetary policy stance with analyst anticipating a rate adjustment within the next 12 months after a string of strong and stable macroeconomic data sets. Cable advanced nearly 1% and held onto gains above 1.56 on Friday touching intraday highs of 1.5657 before edging lower into the close. Attentions now turn to the BoE has made a shift in policy releasing its rates decision, economic forecast, MPC minutes and official vote simultaneously on August 6th choosing not to delay the issuance of its minutes and official vote. With investors anticipating little change in the commentary surrounding Thursday’s rate announcement the focus will be directed toward the official vote and signs members are moving toward a less accommodative monetary policy.
We expect a range today of 2.1250 – 2.1500
Charts : GBP/USD GBP/AUD GBP/EUR GBP/NZD GBP/JPY GBP/CHF GBP/CAD GBP/CNY
The New Zealand dollar moved lower throughout domestic trade after a steep decline in ANZ business confidence. Breaking below 0.6550 the Kiwi found support, advancing on the back of weaker than anticipated U.S labour market costs. Driven back through 0.66 the NZD touched intraday highs of 0.6650 before edging lower into the close. While the bearish trend remains intact attentions turn this week to Wednesday’s unemployment report ahead of Friday’s crucial non-farm payroll numbers.
We expect a range today of 0.6510 – 0.6710
Charts : NZD/USD NZD/EUR NZD/AUD NZD/XPF NZD/JPY NZD/CHF NZD/CAD NZD/CNY
The U.S Dollar closed lower Friday falling against a basket of major currency counterparts after increases in employment costs failed to meet market expectations. A record low increase in labour costs in the second quarter coupled with a decline in consumer sentiment dampened expectations consumers will drive inflation and suggests the labour market is still short of running at full capacity. The soft print hampered interest rate bets and suggestions the Federal Reserve will amend its accommodative monetary policy stance come September and forced the Dollar index downward. The world’s base currency then found support in stronger than anticipated Chicago factory activity while Fed member Jimmy Bullard suggested the FOMC was “in a good position to make the first normalisation move”. The comments helped put the brakes on shorting of USD long bets and positions stabilised into the close.  
The Euro recouped much of the week’s early losses through Friday bolstered by stronger than anticipated inflation data. Core European Monetary Union (EMU) CPI data printed above market estimates and fuelled a an upward rally paring losses and touching intraday highs of 1.1088 before edging back below 1.10 to close the session.
With a series of headline data events in the week ahead attentions will be primarily focused on Today’s PCE price index measure of inflation and Friday’s Non-Farm Payroll print, wherein a strong read will likely trigger a bullish run and solidify expectations of a 2015 rate hike.
Data releases:
AIG Manufacturing Index, MI Inflation Gauge, HIA New Home Sales and ANZ Job Advertisements
NZD: No Data
Charts : USD/EUR EUR/USD USD/JPY

BER Notebook - FX Market Research & Currency News/Views from our Partners See more >>

OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Reversed direction last week. USD/JPY - Lost a fraction. GBP/USD - Declined last week. AUD/USD - Continued its decline. USD/CAD - Extended its previous week’s gains. NZD/USD - Reversed direction, gaining ground last wee. Continue reading
Posted on 27 July 2015 | 1:26 am
OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Traded sharply lower last week. USD/JPY - Gained ground last week. GBP/USD - Gained ground last week. AUD/USD - Extended its previous week’s losses. USD/CAD - Continued its sharp rally. NZD/USD - Resumed its downtrend last week. Continue reading
Posted on 20 July 2015 | 2:29 am
OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Reversed direction. USD/JPY - Gained last week. GBP/USD - Reversed direction. AUD/USD - Reversed direction. USD/CAD - Gained a fraction. NZD/USD - Extended its previous week’s losses. Continue reading
Posted on 29 June 2015 | 1:41 pm
Agility Forex
USDCAD Overnight Range 1.2307-1.2377 The Greek PM cries referendum, the Eurozone Finance ministers cry no extension and Greek citizens just cry. News that the Greek government implemented capital controls and shuttered banks until July 7th spooked FX markets in early Asian trading. A bout of risk aversion in a thin market saw EURUSD plunge to… Continue reading
Posted on 29 June 2015 | 11:44 am
OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Extended its gains. USD/JPY - Extended its previous week’s losses. GBP/USD - Continued its rally last week. AUD/USD - Extended its previous week’s gains. USD/CAD - Continued its decline. NZD/USD - Continued selling off last week. Continue reading
Posted on 22 June 2015 | 1:53 pm

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

Advertised Foreign Transfer Exchange Rate - Accuracy Checks

Investigating reports that the exchange rates for International Money Transfers published by Financial Institutions on their websites are better than those available to their customers via Internet Banking. We will publish periodic Exchange Rate Accuracy checks here.⇒ read article

BestExchangeRates in the Press SMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when sending money and buying cash.” SMH.com.au ⇒ read article

We make it Easy to Compare the Exchange Rates & Fees of Banks and Online Currency Exchange & Payment Providers.
This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links.    TOS | Full disclaimer | Privacy Statement | Facebook |