Know your options in times of currency volatility

NZD hits a monthly low ahead of RBNZ meeting

The New Zealand dollar slumped yesterday morning, opening the week at its lowest level in nearly a month, after a three-month high against the US dollar only last week.

Further volatility is expected ahead of the Reserve Bank of New Zealand meeting tomorrow. The meeting has been a point of much discussion amongst market analysts, with the majority expecting a rate cut of 25 basis points to 0.75%.

What are your options in times of currency volatility?

Buying NZD?

Take advantage of the low New Zealand dollar and lock in a transfer today, or speak to one of OFX’s currency experts to learn what options would suit you best. Register here: https://nz.ofx.com/registration?pid=1965.

Selling NZD?

Take control of your money in times of volatility and lock in the rate you want with a Limit Order. Find out more by registering here: https://nz.ofx.com/registration?pid=1965.

Why choose OFX?

Great rates

We’ve got better rates and fees than the banks, and have securely transferred over AUD $100 billion worldwide since 1998.

Trusted globally

Trusted globally – We have offices in Australia, Canada, Hong Kong, Singapore, New Zealand, the UK and the USA.

Global support team

Our experienced support staff are in our global offices in Australia, USA, UK, Canada, New Zealand, Hong Kong and Singapore.

What OFX customers have to say

Read more on Trustpilot, an independent review site: https://au.trustpilot.com/review/ofx.com.

Learn how to save money on foreign exchange and money transfers.

Read more about OFX Money Transfers here.

Can I help you find something else?

If you need advice on moving to Australia from New Zealand, I’ve created a helpful little questionnaire to point you in the right direction. It takes less than 30 seconds, so give it a go!