BNZ Bank NZD to EUR Transfers Compared

   

EUR/NZD outlook is mixed as the euro gains 2.2%, hitting 90-day highs near 1.9676, but faces pressure from weak Eurozone data. Meanwhile, the NZD is buoyed by a solid labor report, though external risks loom. Stay alert for shifts in market sentiment and economic indicators

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What is the BNZ Bank Send Money conversion rate for NZD to EUR?

The BNZ Bank NZD to EUR exchange rate is 0.4851. This is -4.8% compared to the latest NZD-EUR mid-market rate 0.5098.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to Euro (EUR) rates from different sources before making a conversion.

The above BNZ Bank - Kiwi to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by BNZ Bank and other foreign exchange providers against the latest NZD-EUR mid-rate and the possible savings of using various providers. 

How do BNZ Bank NZD-EUR rates compare between providers?

Looking at the full NZD to EUR - Send Money comparison table the provider with the best NZD to EUR exchange rate is OFX at 0.5073, -0.49% from the latest mid-market rate 0.5098.

The next best is XE at 0.5067, -0.61% from the mid-rate.

Then Wise at 0.5062, which is -0.71% from the mid-rate.

Among the banks the ANZ Bank rate is 0.5614 at 10.1% the BNZ Bank rate is 0.4851 at -4.8% and the TSB Bank rate is 0.482 at -5.5% compared to the mid-rate 0.5098.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like BNZ Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.