The New Zealand dollar was introduced in 1967, replacing the New Zealand pound, which was a separate currency to the British pound. Its sign is $ and its currency code is NZD. The NZD is the legal tender for the Realm of New Zealand that includes, Cook Islands, the Ross Dependency, Niue and Tokelau. The New Zealand economy dominant sector is service, accounting for around 63% of all GDP activity. It greatly depends on international trade, mainly with the EU, Asia and US. Due to New Zealands a close economic relationship with Australia, its economy is influenced by ongoing factors in Australia. The economy of New Zealand is only ranked 30th by GDP globally, however the NZD does surprisingly better on the foreign exchange. It accounted for around 2.1% of daily turnover in 2016, ranking it 11th. If you are looking for a good NZ exchange rate, FX Compare can help.
EXCHANGING YOUR MONEY
New Zealand has a steadily growing economy and a strong tourism sector. Businesses are looking for a good NZ exchange rate to cut costs, whilst holidaymakers travelling to there want to get a great rate on their nz exchange rate to increase spending money. The most commonly used currency pair including the NZD is the NZD to AUD rate. To compare the best rates for NZD to AUD, or any other currency, use FX Compare. We work tirelessly to review rates from forex providers in the market, and present these to you in one easy-to use table. The rates are refreshed in real time meaning you are getting the most up-to-date information.
LET US HELP YOU
FX Compare can help you find a foreign exchange provider for any NZD exchange you are looking to make. Our secure site presents the relevant information from the market leading providers, ranging from big banks to online forex companies. We show you the most recent rates, the fees the provider charges and the steps required to make a transaction with the provider of your choice. Once you have selected a provider, simply click through to their offer where you’ll be able to complete your transaction. FX Compare helps customers everyday exchange NZD with ease, knowing they’re getting the best rates on the market.