New Zealand

NZD - New Zealand Dollar
Convertible: Yes - Transferable: Yes - Exchange rate regime: Floating
New Zealand

Type of transactions

FX Spot FX Forward
Delivery date: T+1; T+2 Maximum maturity: 12 months
Liquidity: Good Liquidity: Good

EUR/NZD parity: liquidity schedules (GMT)

EUR/NZD parity: liquidity schedules (GMT)

Did you know?

Monetary policy

  • 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.


There are no special restrictions on the purchase and sale of NZD.

Expert opinion

The New Zealand dollar is sometimes referred to as a "commodity currency" as the country is a major exporter of agricultural products.

Payments in NZD to New Zealand

  • 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.
Public Holidays 2018 (subject to change)
New Year’s Day 1 January ANZAC Day 25 April
Day after New Year’s Day 2 January Queen’s Birthday 4 June
Waitangi Day 6 Febuary Labour Day 22 October
Good Friday 30 March Christmas Day 25 December
Easter Monday 2 April Boxing Day 26 December