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:
Recent analyses indicate a bearish sentiment towards the US dollar (USD), primarily influenced by expectations of aggressive monetary easing by the Federal Reserve.
Current market bias: Range-bound.
Key drivers:
- Interest rate differential is narrowing, with the ECB cautious and the RBNZ signaling possible rate cuts.
- Geopolitical tensions and energy costs continue to weigh on the euro.
- Recent strong GDP data for New Zealand is tempered by limited impact on RBNZ policy.
Near-term range: Expected to remain stable, reflecting recent price patterns without significant fluctuations.
What could change it: Upside risk includes improved trade figures boosting the NZD, while downside risk may stem from further ECB caution or geopolitical instability affecting the eurozone.
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EUR/NZD is range-bound as the ECB stays cautious about euro strength while the NZD faces potential rate cuts. Experts note geopolitical tensions and rising energy costs could limit euro gains. Watch for trade figures to potentially boost the kiwi
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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 2.0209 from OFX . This is -0.3% compared to the mid-market rate 2.0270.
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 2.0209, -0.3% from the latest mid-market rate 2.0270.
The next best is Wise at 2.0154, -0.57% from the mid-rate.
Then XE at 2.0148, 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.