New Zealand Dollar
New Zealand Dollar Rates
For a live quote on the New Zealand Dollar, simply fill in your details on the form above and an FSA-regulated currency expert will be in touch with a competitive quote.
Please see our latest exchange rates page for the most up-to-date mid-market rate.
Recent Trading Range
In 2011, the New Zealand Dollar traded between 1.8618 and 2.2291 against the Pound.
Latest NZD Exchange Rate News
Please see our news section for the latest currency news affecting worldwide exchange rates. You can also visit our dedicated page on New Zealand Money Transfers, including timescales and information needed to make your transfer.
Overview - NZD
The New Zealand Dollar is the currency used in New Zealand and its ISO code is NZD. The currency is also used in the Cook Islands, Niue, Tokelau and the Pitcairn Islands and is often referred to as the ‘Kiwi’.
The NZD was introduced in 1967 and replaced the New Zealand Pound – 27 million banknotes were printed and 165 million coins minted for the changeover. Up until 1985 the NZD was pegged to the USD before it was floated and is one of the top ten currencies traded worldwide. In the June 2007 reserve bank sold a large number of dollars in attempt to weaken the NZD, this was the first intervention by the bank since its floatation in 1985.
With it place in the top 10 most traded currencies in the world the exchange rate is often affected by general movements within the currency markets. With relatively high interest rates the exchange rate is also affected by carry trades where investors borrow from a county with lower interest rates and re-invest in countries with higher base rates such as New Zealand.