The current exchange rate for the New Zealand Dollar (NZD) to the US Dollar (USD) stands at USD 1.60 for both buying and selling, as per the open market rate on 20 September 2024. Exchange rates between currencies, such as the NZD and USD, are subject to constant fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the prevailing exchange rate is crucial to ensure the best possible deal. The table below provides a snapshot of the exchange rates for the NZD against the USD and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.47 | 1.47 |
| British Pound (GBP) | 0.75 | 0.75 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.05 | 7.05 |
| Euro (EUR) | 0.89 | 0.89 |
| Japanese Yen (JPY) | 143.82 | 143.82 |
| New Zealand Dollar (NZD) | 1.60 | 1.60 |
| Swiss Franc (CHF) | 0.85 | 0.85 |
It is important to note that while open market rates provide a general indication of currency values, banks may offer slightly different rates due to various factors. Keeping track of inter-bank currency rates can help individuals make informed decisions when exchanging currencies.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which provides timely information on exchange rates. Staying informed about exchange rate fluctuations can help individuals and businesses navigate the currency market effectively.
