The current buying exchange rate for 1 New Zealand Dollar to USD is USD 1.67, with the selling exchange rate also at USD 1.67 as per the open market rate on 31 October 2024. It's important to note that exchange rates between the New Zealand Dollar and the US Dollar are subject to fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial in order to get the best value for your money. The table below provides a snapshot of the exchange rates for the New Zealand Dollar against the US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.12 | 7.12 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 151.87 | 151.87 |
| New Zealand Dollar (NZD) | 1.67 | 1.67 |
| Swiss Franc (CHF) | 0.86 | 0.86 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks may offer slightly different rates. Banks typically charge a higher exchange rate compared to the open market rates. Therefore, staying informed about the latest inter-bank currency rates can help you make more informed decisions when exchanging currencies.
For the most up-to-date exchange rates and currency information, refer to the country's top currency rates portal, which regularly updates its data to reflect the current market conditions. Keeping track of exchange rates can help individuals and businesses navigate the complexities of international trade and finance more effectively.
