The current exchange rate for the New Zealand Dollar (NZD) to the US Dollar (USD) stands at USD 1.65 for both buying and selling, as per the open market rate on 16 August 2024. Exchange rates between currencies, such as the NZD and USD, are subject to constant fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the prevailing exchange rate is crucial to ensure the best possible deal. Keeping track of the exchange rates can help in making informed decisions when it comes to currency conversion.
Aside from the NZD to USD rates, there are also exchange rates available for other major currencies. As of the latest update, the buying and selling rates for some of these currencies are as follows:
- Australian Dollar (AUD): Buying - 1.50, Selling - 1.50
- British Pound (GBP): Buying - 0.77, Selling - 0.77
- Canadian Dollar (CAD): Buying - 1.37, Selling - 1.37
- Chinese Yuan (CNY): Buying - 7.17, Selling - 7.17
- Euro (EUR): Buying - 0.91, Selling - 0.91
- Japanese Yen (JPY): Buying - 147.66, Selling - 147.66
- New Zealand Dollar (NZD): Buying - 1.65, Selling - 1.65
- Swiss Franc (CHF): Buying - 0.87, Selling - 0.87
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates for currency exchange. Staying informed about inter-bank currency rates can help individuals and businesses make more cost-effective decisions when dealing with foreign exchange transactions.
For the most up-to-date exchange rates and information on currency conversions, individuals can refer to the country's top currency rates portal, which provides timely updates on exchange rates across various currencies.
