The current exchange rate for the New Zealand Dollar (NZD) to the US Dollar (USD) stands at USD 1.77 for both buying and selling, as per the open market rate on 28 January 2025. Exchange rates between the NZD and USD are subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the prevailing exchange rate is crucial. The table below provides a snapshot of the NZD to USD exchange rate, along with rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.60 | 1.60 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.44 | 1.44 |
| Chinese Yuan (CNY) | 7.25 | 7.25 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 155.57 | 155.57 |
| New Zealand Dollar (NZD) | 1.77 | 1.77 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's important to note that while open market rates are a good indicator of exchange values, banks often charge slightly higher rates for currency exchange. Keeping track of inter-bank rates can help individuals secure better deals when converting currencies.
For the most up-to-date exchange rates and information on currency conversions, individuals can refer to the country's top currency rates portal, which provides timely updates on inter-bank rates. Staying informed about exchange rate movements can help individuals make informed decisions when dealing with foreign currencies.
