Available Currency Pairs
Did You Know?
- The Reserve Bank of New Zealand (RBNZ) is the Central Bank of New Zealand. It implements a monetary policy aimed at ensuring price stability and strives to maintain the sound functioning of the country’s financial system.
- Price setting method: the exchange rate has been floating since 1985. The NZD is mainly traded against the USD, but also against the AUD, with New Zealand having significant economic ties with Australia.
Features and highlights
- The New Zealand dollar is often called Kiwi, in reference to the iconic bird that populates the country.
- The evolution of the NZD is strongly linked to that of the currencies of Australia and China, New Zealand’s principal trading partners.
- The New Zealand dollar is sometimes referred to as a "commodity currency" as the country is a major exporter of agricultural products.
There are no special restrictions on the purchase and sale of NZD.
New Zealand does not use the IBAN format. The BIC Code and the account number are mandatory. Payment instructions must contain:
- The full name of the beneficiary.
Keep In Mind
When a holiday falls on a weekend, the next business day becomes a holiday