Australian Dollar to New Zealand Dollar Exchange Rate

Live Rate

= $ 1.0578

Refreshing in: 60s | Fri, 24 May 12:10am GMT

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Historical Rate chart of AUD and NZD

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Updated: 23 May 2019 14:10:03 UTC

Australian Dollar

The Australian dollar is the fifth most traded currency in the world. When it was first created, suggestions for its name included the koala, the royal and the austral. Even so, it's commonly referred to as the "Aussie" in forex markets.
Currency: Australian Dollar
Currency Symbol: $, A$
Sub unit: cent
Sub unit symbol: c
Bank notes: $5, $10, $20, $50, $100
Coins: 5c, 10c, 20c, 50c, $1, $2

New Zealand Dollar

The "kiwi" dollar is the official currency of New Zealand, a market economy that depends highly on international trade. It's one of the top 10 currencies used in worldwide trade.
Currency: New Zealand Dollar
Currency Symbol: $
Sub unit: cent
Sub unit symbol: c
Bank notes: $5, $10, $20, $50, $100
Coins: 10c, 20c, 50c, $1, $2

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Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 200 1 day AUD 0.00 1.054 NZD
5,268
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 1.053 NZD
5,263
Limited offer: $50 Myer gift card for first time users transferring over $5,000 in May 2019. T&Cs apply.
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 1.054 NZD
5,268
$0 transfer fees for Finder customers.
$0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.
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AUD 1 1 day AUD 0.00 1.053 NZD
5,263
With global payments provider XE, enjoy fast and secure transfers and a range of foreign currency tools and calculators while benefiting from $0 transfer fees. Go to site Show details
AUD 5 1 - 2 days EUR 3.00 1.053 NZD
5,260
Special offer: Pay zero fees on your first 5 transfers
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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AUD 3,000 1 day GBP 10.00 1.054 NZD
5,257
Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.
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AUD 1 Within an hour AUD 3.99 1.053 NZD
5,259
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 1 1 - 2 days AUD 25.00 1.058 NZD
5,263
Make online transfers at the mid-market rate with transparent fees in 45+ currencies. Go to site Show details

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The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

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Refreshing in: 60s | Fri, 24 May 12:10am GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.4531 Inverse: 0.6882 1.3488 Inverse: 0.7414 0.8974 Inverse: 1.1144 6.9178 Inverse: 0.1446 0.7905 Inverse: 1.2650 69.8275 Inverse: 0.0143 19.0508 Inverse: 0.0525 52.5110 Inverse: 0.0190
1 AUD = 0.6882 Inverse: 1.4531 1.0000 0.9282 Inverse: 1.0773 0.6176 Inverse: 1.6193 4.7607 Inverse: 0.2101 0.5440 Inverse: 1.8382 48.0541 Inverse: 0.0208 13.1105 Inverse: 0.0763 36.1372 Inverse: 0.0277
1 EUR = 1.1144 Inverse: 0.8974 1.6193 Inverse: 0.6176 1.5031 Inverse: 0.6653 1.0000 7.7089 Inverse: 0.1297 0.8809 Inverse: 1.1352 77.8127 Inverse: 0.0129 21.2294 Inverse: 0.0471 58.5159 Inverse: 0.0171
1 GBP = 1.2650 Inverse: 0.7905 1.8382 Inverse: 0.5440 1.7063 Inverse: 0.5861 1.1352 Inverse: 0.8809 8.7510 Inverse: 0.1143 1.0000 88.3313 Inverse: 0.0113 24.0992 Inverse: 0.0415 66.4260 Inverse: 0.0151

Australian Dollar to the New Zealand Dollar for the last 10 years

May 2009 May 2010 May 2011 May 2012 May 2013 May 2014 May 2015 May 2016 May 2017 May 2018
1 AUD = 1.2637 Inverse: 0.7913 1.2297 Inverse: 0.8132 1.3308 Inverse: 0.7514 1.2988 Inverse: 0.7699 1.2013 Inverse: 0.8324 1.0771 Inverse: 0.9285 1.0711 Inverse: 0.9336 1.0678 Inverse: 0.9365 1.0749 Inverse: 0.9303 1.0905 Inverse: 0.9170

If you need to send money to New Zealand, locking in the best AUD/NZD exchange rate is crucial.

No matter where you look around the world, there are few countries that share as close a relationship as Australia and New Zealand. Despite our heated rivalries across cricket, netball, rugby and a range of other sports, Australia and New Zealand maintain close political and economic ties.

With this in mind, there are plenty of reasons why Australian businesses might need to send money to New Zealand. From paying suppliers and settling debts to paying NZ-based staff, thousands of Aussie businesses regularly need to send funds across the ditch.

However, before you send an international money transfer to New Zealand or any other country around the world, it’s essential to shop around for the best exchange rate. Finding the best rate is crucial to ensure value for money from your transaction, so let’s take a closer look at how to find the best AUD/NZD exchange rate.

Australian Dollar to the New Zealand Dollar for the last 10 months

Jul 2018 Aug 2018 Sep 2018 Oct 2018 Nov 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019
1 AUD = 1.0920 Inverse: 0.9158 1.0933 Inverse: 0.9147 1.0914 Inverse: 0.9162 1.0790 Inverse: 0.9267 1.0637 Inverse: 0.9401 1.0489 Inverse: 0.9534 1.0627 Inverse: 0.9410 1.0422 Inverse: 0.9595 1.0326 Inverse: 0.9684 1.0703 Inverse: 0.9343

Australian Dollar to the New Zealand Dollar for the last 10 days

May 14 May 15 May 16 May 17 May 18 May 19 May 20 May 21 May 22 May 23
1 AUD = 1.0558 Inverse: 0.9471 1.0555 Inverse: 0.9474 1.0547 Inverse: 0.9482 1.0520 Inverse: 0.9506 1.0520 Inverse: 0.9506 1.0575 Inverse: 0.9456 1.0585 Inverse: 0.9448 1.0579 Inverse: 0.9452 1.0590 Inverse: 0.9443 1.0578 Inverse: 0.9453

AUD/NZD: How to get value for money

The exchange rate is the most important factor you need to consider when sending money overseas. The higher the AUD/NZD exchange rate, the less the transfer will cost your business.

However, there are two things that can affect the exchange rate you receive for your transaction:

  • When you send your transfer. The AUD/NZD exchange rate is always fluctuating. By timing your transaction when the rate is at its peak, you will get the best value for money.
  • The transfer provider you choose. No two transfer providers will offer the same exchange rate since it all depends on the margins they charge. You will need to compare companies and choose one that consistently offers a high AUD/NZD rate.

If you take these two factors into account when sending Australian dollars to New Zealand, you’ll be able to drastically reduce the cost of your transfer.


Market rate for common transfer amounts AUD to NZD

Australian Dollars (AUD) New Zealand Dollar (NZD)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

Australian dollar to New Zealand dollar exchange rate history

With a reputation as a stable currency, the Australian dollar (AUD) is the fifth most traded currency around the world. First introduced in 1966, the AUD was once pegged to the British pound (GBP) but is now a floating currency free of any foreign exchange controls.

Meanwhile, the New Zealand dollar (NZD) was introduced as NZ’s official currency in 1967. Initially pegged to the US dollar (USD), the NZD became a floating currency in 1985. Today, the NZD commonly features in lists of the world’s 10 most traded currencies.

The AUD has historically traded at a higher value than the NZD but, thanks to the heavy reliance of both countries’ economies on commodities, the AUD/NZD is not as volatile as other exchange rates.

In the 10 years to 29/05/2017, AUD$1 traded at a value between NZD$1.00 and NZD$1.37. While the highs were reached during 2011 on the back of Australia’s resources boom, the two currencies reached parity briefly in April 2015 as the commodities boom came to an end and New Zealand’s economy benefited from increased Asian demand for its agricultural products.

The table below shows the value of the AUD relative to the NZD in the past 10 years:

January 2007 January 2012 January 2017
AUD$1 = NZD$1.118804 NZD$1.312862 NZD$1.039988

When can I find the best AUD/NZD exchange rate?

The answer to this question depends on a wide range of factors. Because there are no foreign exchange controls on either the AUD or NZD, the value of both currencies can be affected by everything from the strength of their underlying economies to demand on global currency markets.

As a result, the AUD/NZD exchange rate is constantly fluctuating. Check the exchange rate first thing on Monday morning and it could be very different by close of business the same day. Due to these fluctuations, the exchange rate can move substantially up or down in a relatively short period of time. For evidence of this, visit a foreign exchange website and check out a graph of the AUD/NZD performance over the past day, week, month, year or even longer.

What do exchange rate fluctuations mean for international money transfers?

Shaun’s office supplies business had recently set up a small branch in Auckland, and Shaun needed to move AUD$10,000 to New Zealand as an emergency fund to cover any unexpected business expenses. As there was no immediate deadline for this transfer, Shaun decided to spend a little while waiting for the best possible AUD/NZD exchange rate to become available.

When he first started calculating transfer costs in September 2016, AUD$1 was valued at NZD$1.02. But just a month later in October, the rate had risen to AUD$1 = NZD$1.07. Sending the transfer now would result in significantly better value for money for Shaun, but he decided to wait a little longer for the rate to rise further.

He was rewarded when in March 2017, AUD$1 rose to a value of NZD$1.09. As the table below shows, Shaun’s patience allowed him to send up to NZD$700 extra to New Zealand.

September 2016October 2016March 2017
Transfer amount (in AUD)AUD$10,000AUD$10,000AUD$10,000
Exchange rateAUD$1 = NZD$1.02AUD$1 = NZD$1.07AUD$1 = NZD$1.09
Amount received (in NZD)NZD$10,200NZD$10,700NZD$10,900

How do I know when to transfer AUD to NZD?

The ideal time to transfer AUD to New Zealand is when the AUD/NZD exchange rate is at its peak. In other words, this is the time when the AUD is valued as highly as possible relative to the NZD, allowing you to access the best value for money on your transfer.

However, there are myriad factors that can affect the exchange rate, including the following:

  • Interest rates in Australia and New Zealand
  • The level of public debt in Australia and New Zealand
  • The strength of Australia’s economy and the New Zealand economy
  • The rate of inflation in both countries
  • The results of elections
  • Economic developments around the world that have a widespread effect, for example the Global Financial Crisis

Despite the fact that there is some uncertainty when predicting exchange rate moves, there’s still plenty of things you can do to stay up to date with developments that could drive the AUD/NZD rate up or down.

  • Monitor economic and financial news from both countries to stay up to date with any developments that could affect the exchange rate.
  • Stay up to date with current affairs, including everything from election results to the release of important economic data.
  • Check the mid-market AUD/NZD rate regularly to be aware of which way it is trending.
  • Examine the past performance of the AUD/NZD exchange rate to increase your understanding of the value of both currencies.

So when is the best time to send AUD to NZD? The graph below tracks the performance of the AUD/NZD exchange rate in the year preceding 30/05/2017. As you can see, the best times to change AUD into NZD during that time were:

  • In March 2017, when AUD$1 = NZD$1.09
  • In April 2017, when AUD$1 = NZD$1.09
  • In May 2017, when AUD$1 = NZD$1.08
  • In October 2016, when AUD$1 = NZD$1.07

Meanwhile, the worst time to change AUD to NZD during this time was in September 2016, when AUD$1 = NZD$1.02.

How to choose the best transfer provider

Once you’ve decided on the best time to send your international transfer, you next need to choose the best transfer provider to handle your transaction. Exchange rates and transfer fees differ substantially between providers and can make a huge difference to the cost of your transactions.

There are three types of money transfer providers to consider:

  • Banks. Sending an international wire transfer through your regular bank is a convenient option, but banks typically offer disappointing exchange rates.
  • Cash pickup transfer providers. These companies offer fast cash transfers to New Zealand within minutes, with Western Union and MoneyGram the world’s two largest providers of this service. However, higher fees often tend to apply to fast cash transfers.
  • Online money transfer providers. These transfer providers, such as OFX and CurrencyFair, specialise in international transfers and have tighter margins than the banks. This means they usually offer superior exchange rates and reduced transfer fees.

Bank vs money transfer provider vs cash pickup provider

Nick business manNick is the manager of a small Australian retail business. He needs to send NZD$10,000 across the ditch to pay a bill for legal services his company has used.

Nick usually uses his bank to send money overseas, but upon noticing how far their AUD/NZD exchange rate is below the mid-market rate, he decides to shop around for a better deal. He compares his bank with a cash transfer provider and an online transfer company to see who comes out on top.

As you can see in the table below, while the cash pickup transfer provider offers significant savings compared to his bank, the specialist online transfer company far and away offers the best deal. By choosing the online provider instead of his bank, Nick can save an impressive AUD$439.73.

This is a clear example of just how important it is to compare your transfer options and shop around for the best available exchange rate.

BankCash pickup transfer providerOnline transfer provider
Exchange rateAUD$1 = NZD$1.005200AUD$1 = NZD$1.024507AUD$1 = NZD$1.049699
Transfer fee$22$22$4
Processing time2-5 days10 minutes2 days
AUD needed to send NZD$10,000$9,970.27$9,782.79$9,530.54
Cost in AUD compared to bank (including fee)-$187.48 cheaper$439.73 cheaper

What else can I do to find the best AUD/NZD exchange rate?

There are a few more steps you can take to improve your chances of finding the best exchange rate:

  • Compare quotes. Don’t just choose the first transfer provider you find. Compare quotes from several providers to see which one offers the best value for money.
  • Make sure you’re quoted the correct rate. Some companies will use the mid-market exchange rate, which is higher than the customer exchange rate, when calculating a quote. Make sure any quote you are given is based on the AUD/NZD rate available to customers.
  • Send larger transfers. Not only can you pay fewer fees by sending fewer transfers, but some online companies will actually waive their fees on large transfers, for example transactions of $10,000 or more.
  • Use forward contracts. A forward contract allows you to secure an exchange rate today for a transaction that you will complete in the future. If you think the AUD/NZD rate is set to fall, you can safeguard against this by taking out a forward contract.
  • Use limit orders. A limit order is another flexible transfer tool that allows you to get the exchange rate you want. Once you’ve specified your rate, the transfer provider will automatically send your transfer whenever that rate is available.

If you put these tips into action, you could potentially save hundreds of dollars the next time you need to send money to New Zealand.
Picture: Shutterstock

Exchange rates from AUD to other currencies

International Money Transfer Offers

Important Information*
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TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

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WorldFirst International Money Transfers

Limited offer: $50 Myer gift card for first time users transferring over $5,000 in May 2019. T&Cs apply.
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.

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OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
$0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

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TransferWise International Money Transfers

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