Our online currency converters are a quick and easy way to see live market exchange rates. Keep more of your hard earned cash by researching the market rates and planning your exchange when you will get the most return.
Check our currency converter now or view our live rate chart to see what the AUD’s been doing.
Exchange rates change all the time and the above live currency converters update with it. Making it the ideal tool to keep your eye on the market rate for transferring your NZD to AUD and therefore getting the most from your hard earned cash.
You don’t even need an account with; just select the currency pair you want to see and the inbuilt market Exchange Rate Calculator will give you the latest market values.
The market rate is also known as the ‘interbank rate’. It is the rate at which the banks borrow and lend to each other. This is usually made in large amounts over short-term loan periods. These loans are made at low-interest rates reserved almost entirely for banks, financial institutions and registered money lenders.
The customer rate consists of the ‘market rate’ plus a margin added by a foreign exchange provider. While the banks may have inflated margins and transfer fees, at OFX and XE, they keep our margins modest to offer competitive customer rates, which will save you money.
Learn how to transfer money easily without wasting a fortune of fees and charges.
International bank to bank transfers cost more and take longer. You will save at least $50 when you use an online foreign exchange specialist, like XE or OFX.
XE has a fantastic customer support team. They are always available 24/7 to answer any questions you have or give you advice on making the most of your money transfer.
Read/learn more about foreign exchange on my Foreign Exchange/Money Transfer post.
If you’ve read the above content and the answer to your question isn’t there, please write a comment below and I’ll research the answer for you. Please note, if the answer to your question is in the content above, I will not reply. Sorry, I just get too many questions these days and I can’t keep up.