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New Zealand Dollar Exchange Rate Hits USD 1.62

Exchange rates fluctuate due to global supply and demand dynamics.

New Zealand Dollar to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of 25 February 2024, the buying exchange rate for 1 New Zealand Dollar stands at USD 1.62 in the open market, with the selling exchange rate also at USD 1.62.

It is essential to stay informed about currency exchange rates to ensure you get the best value when converting currencies. The table below provides a snapshot of the current exchange rates for the New Zealand Dollar against the US Dollar and other major currencies:

Currency Buying Selling
Australian Dollar (AUD) 1.52 1.52
British Pound (GBP) 0.79 0.79
Canadian Dollar (CAD) 1.35 1.35
Chinese Yuan (CNY) 7.20 7.20
Euro (EUR) 0.92 0.92
Japanese Yen (JPY) 150.51 150.51
New Zealand Dollar (NZD) 1.62 1.62
Swiss Franc (CHF) 0.88 0.88

It is important to note that open market currency exchange rates may differ from those offered by banks, as banks often charge higher exchange rates. Keeping track of inter-bank currency rates can help you make informed decisions when exchanging currencies.

Stay updated on the latest currency exchange rates through the country's top currency rates portal, which provides timely updates on inter-bank rates. Understanding these rates can help you navigate the currency exchange market more effectively.

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