Cheapest way to send NZD to the Philippines?

Wise and Remitly are typically the cheapest for NZD→PHP. For cash pickup, Western Union has the densest agent network in the Philippines but tends to be more expensive than digital wallet delivery.

Sending NZD to a Pacific Island — what should I know?

Pacific corridors (Samoa, Tonga, Fiji, Vanuatu) often have limited providers. KlickEx, Digicel MFS, and Western Union are the dominant options. Cash pickup is more common than bank deposit.

Are there NZ tax implications for sending money abroad?

Personal gifts and family remittances are not taxable in NZ. Transfers over NZ$10,000 are auto-reported to the Department of Internal Affairs but this is administrative, not a tax event.

Why is NZD volatile compared to USD or EUR?

The NZ economy is small and export-dependent (especially dairy). Global commodity moves and risk sentiment cause outsized FX swings. Lock in rates before transferring large amounts if possible.

Can I send NZD via Wise to a Chinese bank account?

Yes — Wise supports NZD→CNY transfers to UnionPay-linked Chinese bank accounts. Settlement typically takes 1–2 business days. Note China has its own FX limits on inbound transfers (US$50,000/year per individual).

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USD GBP CAD SGD AED EUR AUD CHF SAR NZD

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INR PHP MXN PKR BDT LKR NPR NGN THB VND KES ZAR BRL COP CNY IDR TRY MYR PLN

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New Zealand Dollar (NZD) Exchange Rate (2026) — Live Rate & Transfer Guide

NZD · NZ$ · Reserve Bank of New Zealand (RBNZ)

Curated by Aayush Jain·Updated Aug 2026

1 USD =

NZ$1.7366

Live (cached)

About the New Zealand Dollar

The New Zealand Dollar replaced the New Zealand pound in 1967 and was floated in 1985. Informally called the 'kiwi' after the Kiwi bird featured on the NZ$1 coin. NZD is the 10th most-traded currency despite New Zealand's small economy, partly because of the country's high relative interest rates.

Why NZD matters for remittance

New Zealand's diaspora-heavy population sends NZ$1.5–2 billion in remittances annually, primarily to the Philippines, India, Samoa, Tonga, Fiji, and the UK. Pacific Island corridors are particularly important — the NZD→WST and NZD→TOP routes are lifelines for many island economies.

NZD cross-rates

Live

What 1 New Zealand Dollar (NZD) is worth in major currencies right now, at the wholesale mid-market rate.

Currency	1 NZ$ NZD =	Inverse (1 unit in NZD)
USD USA	$0.575851 USD	NZ$1.7366 NZD
EUR Europe	€0.499156 EUR	NZ$2.0034 NZD
GBP UK	£0.427396 GBP	NZ$2.3398 NZD
INR India	₹55.249 INR	NZ$0.018100 NZD
AED UAE	د.إ2.1151 AED	NZ$0.472797 NZD

USD rate is live from Wise's comparison API; other reference rates are derived from the latest USD-anchored mid-market table. Retail providers add a margin on top — see the comparison table on each corridor page for the rate you'll actually receive.

Compare NZD corridors

See live rates and the best providers for each pair.

NZD→INR NZD→PHP NZD→AUD NZD→CNY NZD→THB

New Zealand remittance guide

Country profile for sending money OUT of New Zealand — regulators, top corridors, FAQs.

🇳🇿 Send from New Zealand

NZD remittance regulations

Money remittance providers in New Zealand are registered with the Department of Internal Affairs as Reporting Entities under the AML/CFT Act. Transfers over NZ$1,000 require identity verification; transfers over NZ$10,000 are reported. The Financial Markets Authority (FMA) provides additional supervision.

How to send New Zealand Dollar (NZD)

Use bank-to-bank transfer in NZD via a Kiwi bank account; many provider accounts are free.
For Pacific Island corridors, KlickEx and Western Union have the best coverage; Wise is best for India, China, and the Philippines.
ANZ, ASB, and BNZ all offer in-app transfers but charge 1–3% above the mid-market rate; fintechs are noticeably cheaper.
For NZ$10,000+ transfers, OFX and SendFX often beat Wise on rate with no transfer fee.

Currency facts

ISO 4217: 554
Sub-unit: 100 cents = 1 dollar
Central bank: Reserve Bank of New Zealand (RBNZ)
Daily FX volume: $68 billion/day
Symbol: NZ$
52-week range (vs USD): 0.588 – 0.612

Frequently asked questions

Live rates fetched from Wise's public comparison API. For currency conversion mid-rates we display Wise's quoted rate, which has zero markup. Methodology.