Sending a larger amount to ? Request a Free    Multi-Vendor Quote
Recent Transfers
Request a Multi-Vendor Transfer Quote
NzForex Foreign Exchange Transfers
Compare Hotel Deals

Compare Foreign Exchange Rates | Banks & Online Currency Brokers

         Foreign Transfers

NZD/USD Exchange Rate

NZD 1.00 = USD Reference Mid-Rate       /
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 also provide quick currency converter calculators, up-to-date foreign exchange research, news, charts and information and reviews of currency brokers.
Save Time & Money - Compare Bank & Broker Foreign Exchange Rates for :
Foreign Transfers     Travel Money & Cards
Sending money abroad? BestExchangeRates recommends:
Currency Online offers direct, self-service money telegraphic transfers online, including access to leading foreign exchange real-time rates.
Forget subtle hidden charges and outrageous fees. Currency Online keeps foreign currency transfers transparent, simple and fair.

Tuesday, 27 January 2015 - Market Commentary
Daily currency news provided by OzForex

The Australian dollar continued to struggle on Monday as investors witnessed a session of limited trade due to Australia day. With no data being released locally the AUD touched highs just above the US79 cent handle after previously reaching lows of 0.7860 earlier on. Overnight the Aussie edged higher to open this morning marginally stronger at 0.7916 against a weaker Greenback. Today investors will watch the NAB business confidence along with the Chinese CB leading index for guidance.
We expect a range today of 0.7875 – 0.7955
The British Pound edged higher against the US dollar on Monday beginning the week stronger taking solace from Fridays impressive retail sales numbers. The Sterling’s gains were notable as market sentiment waned following the Greek anti-austerity party Syriza winning the election. Although opening this morning stronger at 1.5090 the British Pound still remains very close to year and a half lows against the Greenback. The GBP moved in a similar direction against the higher yielding Kiwi(2.0345) however a resilient AUD(1.9034) managed to hold its ground. Today will see an array of high impact data being released into the market with preliminary GDP numbers the main event.
We expect a range today of 1.9005 – 1.9085
In a quiet start to the week the NZ dollar moved sideways for the majority of Monday’s trade. The higher yielding currency was relying on credit card spending to bring about movement however an uptake of 4.5 per cent was not enough to get the Kiwi trending in either direction. As the European and US markets opened the NZD began to retrace its daily gains nonetheless volatility was still limited, opening this morning slightly weaker at 0.7407. Today there will be no local numbers being released however offshore US and Chinese data should provide guidance.
We expect a range today of 0.7365 – 0.7445
The Euro began the week stronger against its US counterpart as the markets continued to digest the Greek elections while German data was on forecast.  Anti-austerity Syriza party was victorious in Greece however there were concerns over the parties ability to renegotiate the nations bailout debt. This comes shortly after the EcB released an asset purchase program last week to try and help the Euro lift out of its current growth slump. Nonetheless it was the German IfO business climate which pushed the Euro higher printing the strongest levels in half a year coming in on forecast at 106.7. With no US data being released all eyes today will now turn to a Myriad of numbers being printed later tonight.
Data releases: 
NAB Business Confidence
No Data
SPPI y/y
Prelim GDP q/q, Index of Services 3m/3m

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

Agility Forex
Well, what a week! I can’t remember seeing such sustained volatility in the markets for a long time. The over-riding theme remains the almighty dollar, currently at 6 year highs against the Loonie and 11 year highs against the Euro. Although everyone knew it was coming the sheer size of yesterday’s ECB QE announcement caused… Continue reading
Posted on 23 January 2015 | 8:26 pm
OzForex Research
Financial markets over the past year have been defined by diverging monetary policy settings with shifting rate expectations changing the dynamic of broader forex markets. Having initially traded up above the 94 US Cents mark as recently as September the Australian dollar has now lost more than 15 percent over the past four months a… Continue reading
Posted on 22 January 2015 | 7:06 pm
Agility Forex
Mario Draghi did not disappoint today when the ECB announced a QE programme to buy 60 Billion Euro in assets per month until September 2016 . The asset purchases will cover both private and public sector bonds and will begin in March 2015. European focus will now turn to the Greek election on Sunday. After… Continue reading
Posted on 21 January 2015 | 8:49 pm
OzForex Research
The Swiss National Bank gave us volatility on a historic scale last week as it rocked markets by abandoning the nearly three-year-old policy of supporting the value of the Swiss franc relative to the euro at 1.20. The Swiss franc consequently appreciated sharply across the board, distorting flows and liquidity market-wide. While this took the… Continue reading
Posted on 19 January 2015 | 4:09 pm
Agility Forex
Throughout my years on Wall Street and to this day, one question has always bothered me. I have never got a good explanation as to why the price of crude oil and the strength of the USD move in negative correlation. I’ve heard many different arguments but none are foolproof. I’ve even read that there… Continue reading
Posted on 12 January 2015 | 6:24 am

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

BestExchangeRates in the Money

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

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