Compare Exchange Rates to Buy New Zealand Dollars (NZD)

Traveling to New Zealand is a breeze for Australians and so is buying New Zealand dollars with The Currency Shop foreign currency tool. Find the best deal for buying New Zealand dollars in store, delivery or for collection at the click of a button.

Buy New Zealand dollars online at the best exchange rate in Australia
  • Amount
  • For
We do not compare all available providers in the market. Our results are sorted by default from the lowest AUD cost to you to the highest AUD cost to you and you may choose to sort results according to other criteria. We may receive a referral fee if you choose one of these providers, but that won’t affect the ranking of the provider, the exchange rates or any fees you are charged.

Where to buy New Zealand dollars?

You can buy New Zealand dollars (NZD) from almost every place in Australia that offers currency exchange. It is a very popular currency to exchange to Australian dollars. Places you can make cash transactions and buy New Zealand dollars include online, in-store at money exchangers, banks, Australia Post and the airport.

To find out exactly where you can buy New Zealand dollars, you can use our handy city and suburb guides, just click on the links below:

When is the best time to buy New Zealand dollars with Australian dollars?

When is the best time to buy New Zealand dollars?

Find the best time to buy New Zealand dollars with Australian dollars with our rate tracker. It keeps track on the NZD to AUD or AUD to NZD exchange rate and emails you when the exchange rate gets to the rate your chose to buy New Zealand dollars.

The nzd to aud exchange rate has historically average is close to 0.88, the high was in 0.99 in late 2019 and the low was 0.72 in early 2011, over the past 10 years. Currently its 0.95, so $100 could buy you $95 at the best exchange rate.

The aud to nzd exchange rate has historically average is close to 1.12, the high of 1.37 in early 2011 and the low was in late 2019 at 1.00. Currently its 1.05, so $100 could buy you $105 at the best exchange rate.

 

What is the cheapest way to buy New Zealand dollars in Australia?

The cheapest way to buy New Zealand dollars (NZD) in Australia is online. Most online money exchangers, like SMoney do not charge a transaction fee and their exchange rates are the same as the cash rate you see on Google.

The most expensive place to buy NZD is at the airport, because they know you have no other options until you get to New Zealand. They charge a commission fee and give very poor foreign exchange rates. For an exchange of $1,000 Australian dollars, you can lose up to $100 at the airport.

The most expensive way to pay for New Zealand dollars is with a credit card. Most credit cards will charge a higher interest rate, up to 20% for cash advances. Therefore if you buy $1,000 at the airport, you will pay an additional $200 for your foreign currency exchange.

The cheapest way to buy New Zealand dollars in Australia is online

How to buy New Zealand dollars in Australia?

How to buy New Zealand dollars in Australia

Buying New Zealand dollars in Australia is relatively easy.

  1. Take your valid photo id (driver’s license or passport) with you.
  2. Bring your preferred payment method. Most places accept cash, debit card and credit card to pay for your New Zealand dollars.
  3. Ask for the New Zealand dollars amount and the money exchanger will let you know how much Australian dollars you need to pay.
  4. Make your payment in Aussie dollars and receive your New Zealand dollars.

What are the currency denominations in New Zealand

The coins are called cents and notes are called dollars and represented by the symbol $.

Coins: 5¢, 10¢, 20¢, 50, $1 and $2

Notes: $5, $10, $20, $50 and $100

Currency in New Zealand is very similar to Australia, 100 cents make $1. The forms of payment are also very similar, most places accept cash, debit card and credit card. Best to keep small denominations of cash for smaller items, transport and tips.

Currency denomination in New Zealand is cents for coins and dollars for notes

How much is $100 worth in New Zealand dollars

$100 AUD is historically equal to $112

Historically the Australian dollar is worth about 1.12 New Zealand dollars, therefore AU$100 will buy you $112.

In some years the exchange rate has been as low as 1.00 New Zealand dollars and it makes buying NZD and spending in New Zealand relatively more expensive for an Australian. In other years the exchange rate has been as high as 1.37 New Zealand dollars, which means it's cheaper for Australians to buy NZD.

Major banks tend to predict the AUD to NZD exchange rate and present reasons why the NZD changes against the Aussie exchange rate.

Our most frequently asked questions

Why should I choose The Currency Shop?

Many people are not aware of the true cost of transferring money. But it is pretty standard to lose up to 8% of your money each time you transfer money internationally, depending on your method. We think this is far too much. That’s why we help you find the best way to transfer your money and avoid those costly hidden fees and charges. And it works. On average, we save our customers $4,000 each year.

How does it work?

It’s pretty simple. Whether you need travel money or would like to transfer money overseas we just need a little info to point you in the right direction. First, you tell us what you are looking for then we compare hundreds of providers to find the best deal for your current situation. We’ll highlight all the available options and recommend the best one for you. You can then decide which option you prefer, and click through to their site to secure the deal.

Is it safe?

Yes. The Currency Shop holds an Australian Financial Services Licence (462269) and is a member of the Financial Ombudsman Service. We closely vet our providers and only partner with the largest, safest and most trusted money transfer companies in the world. That just makes sense.

What does it cost?

The Currency Shop does not charge you. Instead, we receive a referral fee from the banks and money transfer companies that we are partnered with. This does not affect the price you pay.

We compare Australia’s most trusted brands

Your currency knowledge centre

4 Expert Australian Dollar Forecasts for 2021 Compared

Forecasts for the Australian Dollar from bank experts are revised throughout the year. This article looks at the different outlooks and is updated regularly.

How to Buy Currency: Online Versus In-Store

Buying travel money online is one way to reduce stress and potentially save time – but are there any disadvantages you need to be aware of?

The Ultimate Guide to Currency Exchange in Australia

There is no single way to exchange currency that is always the cheapest. It really depends on what currency you are buying, how much and where you are.

By Arlene Mc Donnell Updated December 8th, 2020