Modes of Currency in New Zealand
- 1 USD = 1.58 NZD
- 1 GBP = 2.05 NZD
- 1 EURO = 1.80 NZD
- 1 AUD = 1.03 NZD
How to Exchange Foreign Currency in New Zealand?
There are several centers and money exchange outlets which offer the best rates for currencies if negotiated properly. All major cities like Auckland, Christchurch, Wellington, Queenstown have a decent amount of money exchanging centers where you can easily convert your currency.
Few reliable and handy shops to exchange currency in Auckland are :
Address - Unit G3, 239 Queen Street, Auckland, New Zealand 1010
Contact - +64 800 359 071
Operating timings - Monday - Friday 9:00 AM to 6:00 PM, Saturday & Sunday 9:30 AM to 6:00 PM
Contact - +64 936 917 23
Operating timings - Monday - Friday 9:00 AM to 5:00 PM, Saturday & Sunday 10:00 AM
to 4:00 PM
- No.1 Currency
- E-Trans Group
- Relianz Forex
- UAE Exchange
- DP Money Exchange
Other Ways to Exchange Money
Banks - The local banks in New Zealand are another very convenient mode for buying currencies. The banks provide one of the easiest and cheapest options to buy the local currency for the tourists. These banks provide daily updates of exchanging rates on their websites, so you can easily check the rates before heading for currency exchange. Although most of the banks provide equally profitable services to the visitors, there are some implications like the availability of the particular currency or the total amount demanded by the customer. The tourists can walk through multiple banks and then can avail of the exchange services.
Do’s and Don’tsExchanging your money in any part of the world may prove costly if you are not negotiating properly and you might end up facing a big difference for your amount of money. Every bank, hotel or money exchange centers have their own fees, rates, and certain other implications. Thus you must compare multiple options and also take care of a few things to get complete value for your money.
- When you're exchanging your currency, it is unlikely that you will be charged hefty fees, hence you might have to pay nominal or no fees at all. But certain places or hotels might charge you a big amount to exchange your money. In this case, you have to look around other options, because you may not want to face loss for your money.
- Negotiating to get good rates for your money is always a must-do step. Airports, hotels, banks, and exchange shops, all of them offer different rates for money exchange depending upon different factors like location or availability of the currency. If you are exchanging a big amount like more than $1000 then you must negotiate properly to get maximum value for your money.
- Once you have gone through the online rates for your currency and also have found a reliable place for your money exchange it is advised to get in touch with them before you reach the place. Contacting the outlet helps you clear all your doubts as well as informing them about the amount of money you need and other things. Due to the high demand for currency exchange, many places run out of the currency or have a limited stock, thus it is better to reach out to them so that you won’t be facing any issues after reaching the exchange centers.
Now that you are aware of certain processes and modes of exchanging money in New Zealand, you can easily plan your holiday and reach out to the country and enjoy without any hassles.