As of 22 February 2025, the buying exchange rate for 1 New Zealand Dollar to USD stands at USD 1.74 in the open market. Similarly, the selling exchange rate for 1 New Zealand Dollar to USD is also USD 1.74. It's important to note that exchange rates between the New Zealand Dollar and US Dollar are subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial in order to get the best value for their money. The table below provides a snapshot of the latest exchange rates for the New Zealand Dollar against the US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.57 | 1.57 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.42 | 1.42 |
| Chinese Yuan (CNY) | 7.25 | 7.25 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 149.23 | 149.23 |
| New Zealand Dollar (NZD) | 1.74 | 1.74 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks may offer slightly different rates. Banks typically charge a higher exchange rate compared to the open market. Therefore, individuals should stay informed about the latest inter-bank currency rates to make informed decisions when converting currencies.
For the most up-to-date exchange rates and currency information, individuals can refer to the country's top currency rates portal, which provides timely updates on currency exchange rates. Keeping track of these rates can help individuals and businesses make informed decisions when dealing with foreign exchange transactions.
