The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to NZD Market Data
Euro (EUR) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to NZD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the New Zealand dollar is to review how the EUR/NZD rate has changed over time.
The table below shows the percentage change in the EUR to NZD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: Bearish.
Key drivers:
- Interest rate differential: The ECB is keeping rates steady, while the RBNZ may cut rates, leading to a weaker NZD.
- Risk sentiment: Geopolitical issues are creating caution surrounding the euro.
- Supporting macro factor: Inflation concerns in both the Eurozone and New Zealand are influencing currency strength.
Near-term range: Expect stability in the EUR to NZD trading range, with limited fluctuations around current levels.
What could change it: An upside risk could come from improved economic indicators in the Eurozone, boosting the euro, while further RBNZ rate cuts could further degrade the NZD.
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EUR/NZD is bearish as ECB maintains rates & RBNZ may cut theirs. Geopolitical risks weigh on EUR, while inflation in both regions adds pressure. Stability expected in trading range. Upside risk: strong Eurozone data; downside risk: more RBNZ cuts
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EUR to NZD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in New Zealand dollar across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to NZD?
The best EUR to NZD exchange rate is 2.018 from OFX . This is -0.3% compared to the mid-market rate 2.0241.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to New Zealand dollar (NZD) rates from different sources before making a conversion.
The above
Euro to Kiwi comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-NZD mid-rate and the possible savings of using various providers.
How do EUR-NZD rates compare between providers?
Looking at the full
EUR to NZD - Send Money comparison table the provider with the best EUR to NZD exchange rate is OFX at 2.018, -0.3% from the latest mid-market rate 2.0241.
The next best is Wise at 2.0122, -0.59% from the mid-rate.
Then XE at 2.012, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.