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As of now, the latest exchange rate for 10 NZD to USD is around 6.45 USD. This rate can fluctuate depending on the current market trends and economic conditions.
The exchange rate has been steadily increasing over the past year, with a notable spike in March 2022. This surge can be attributed to the rising demand for New Zealand's exports, particularly in the agricultural sector.
One major factor influencing the exchange rate is the Reserve Bank of New Zealand's monetary policy decisions. For instance, in February 2022, the bank raised the official cash rate to 1.75% to combat inflation, which had a direct impact on the NZD/USD exchange rate.
The exchange rate can have a significant impact on New Zealand's economy, particularly for individuals and businesses that engage in international trade.
Historical Rates
The highest NZD to USD exchange rate in the last year was 0.6347 US Dollars per New Zealand Dollar on September 30, 2024.
Over the last 90 days, the NZD to USD exchange rate peaked at 0.61383 and dipped to a low of 0.55927, averaging 0.58748.
The volatility in the last 30 days was -4.27%, indicating a slight decrease in the exchange rate.
In the past 30 days, the NZD to USD exchange rate reached a high of 0.58836 and a low of 0.55927, with an average rate of 0.57062.
Here's a breakdown of the exchange rate history in the last 10 days:
Latest Rates
The latest rates for converting 10 NZD to USD are quite interesting. As of January 5, 2025, 10 NZD is equivalent to 5.63 USD. You can also exchange 10 NZD for 5.47 EUR in Europe, or 4.6 GBP in the United Kingdom. For a more detailed look at the current exchange rates, check out the live exchange rates table.
Here's a snapshot of the latest rates:
The mid-market exchange rate for NZD to USD is currently 0.559 USD per 1 NZD. This rate was last updated on January 16, 2025, at 12:48 GMT.
Rate Comparison
In the past 30 days, the NZD to USD exchange rate reached a high of 0.58836 and a low of 0.55927, with an average rate of 0.57062. The overall change in this period was -4.27%.
The best NZD to USD exchange rate today is 0.5611 USD, as of January 5, 2025 04:00 PM UTC. This means that for every New Zealand Dollar you exchange, you will receive 0.5611 US Dollars.
Here's a comparison of the NZD to USD exchange rate over the past 10 years. The highest rate in the last 10 years was on July 26, 2017, when each New Zealand Dollar was worth 0.7526 US Dollars.
Which Is Stronger
The US Dollar is currently stronger than the New Zealand Dollar, as 1 USD is equal to 1.7821 NZD.
If you're planning a trip to New Zealand, you may want to keep this in mind when converting your money.
Conversely, 1 NZD is worth 0.5611 USD.
This means that if you have $100 USD, you could exchange it for approximately 56.11 NZD.
The exchange rate can fluctuate frequently, so it's always a good idea to check the current rates before making a conversion.
Best Rate Options
The best NZD to USD exchange rate is 0.5611 USD as of January 5, 2025, 04:00 PM UTC.
To get the latest rates, you can send money securely worldwide with seamless international transfers, which can be cheaper and faster than banks.
You can find the best NZD to USD exchange rate by shopping around and getting to know the NZD/USD mid-market exchange rate using reputable currency conversion tools.
Setting up rate alerts can also be a smart option, so you'll receive a message when the NZD/USD mid-market exchange rate hits your preferred level.
Acting fast to complete your transaction before markets move again is essential to getting the best rate.
Opening a multi-currency account can be helpful if you transact internationally often, live overseas, or receive payments from abroad, as it lets you hold a selection of major world currencies.
Rate Trends
The NZD to USD exchange rate has been fluctuating over the past few months, with a high of $0.61383 USD in the last 90 days.
In the last 30 days, the rate has ranged from a low of $0.55927 USD to a high of $0.58836 USD. This represents a volatility of -4.27%.
Here's a breakdown of the rate trends over the past year:
The New Zealand Dollar has lost purchasing power compared to the US Dollar over the last decade, with a decline of -18.04% against the US Dollar.
Highest Rate Last Year
The highest NZD to USD exchange rate in the last year was a notable milestone.
The high point for the NZD/USD rate was 0.6347 US Dollars per New Zealand Dollar on September 30, 2024.
This rate was a peak moment for the exchange rate, marking a significant point in the currency's trend.
The exact date of this peak was September 30, 2024, a specific day that's now etched in the record books.
It's worth noting that this rate was a high point, but it's always a good idea to keep an eye on current rates for the most up-to-date information.
Overview of Trends
The New Zealand Dollar (NZD) has been experiencing some significant fluctuations against the US Dollar (USD) in recent times. The highest NZD to USD exchange rate in the last year was 0.6347 US Dollars per New Zealand Dollar on September 30, 2024.
Over the past 30 days, the NZD to USD exchange rate has varied between $0.554 and $0.578, with an average rate of $0.563. This represents a volatility of 4.33%.
The NZD has also seen some notable changes in its value against the USD over the past year. In the last 10 years, the highest rate from New Zealand Dollars to US Dollars was on July 26, 2017 when each New Zealand Dollar was worth 0.7526 US Dollars.
Here's a summary of the NZD to USD exchange rate performance over different time periods:
As of January 5, 2025, the best NZD to USD exchange rate is 0.5611 USD.
Sources
- https://www.exchange-rates.org/converter/nzd-usd
- https://wise.com/us/currency-converter/nzd-to-usd-rate
- https://www.myfxbook.com/lv/forex-calculators/currency-converter/NZD-USD/10.0
- https://moneyexchangerate.org/currencyexchange/nzd/usd/10
- https://currencylive.com/exchange-rate/10-nzd-to-usd-exchange-rate-today/
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