best time to buy NZ dollars

When is the best time to buy NZ dollars with Australian dollars?

best time to buy NZ dollars

 

The best time to buy New Zealand Dollars with Australian dollars this year, was on the 29th of March when the AUD/NZD exchange rate reached 109.46. In contrast, the worst time was just a couple of weeks ago. On the 16th of September, it traded below 1.03 for the first time since March 2020.

While it's nearly impossible to time the market perfectly, if you are travelling to New Zealand and need to buy NZ dollars, a higher AUD/NZD exchange rate rate is better for you. It means that you will receive more NZ dollars to spend for each Australian dollars you have.

 

Working out the best time to buy NZ dollars

AUD NZD exchange rate graph for 90 days ending October 2021

To work out the best time to buy your NZ dollars before a trip, instead of watching the exchange rate each minute, you can set up a rate tracker.

With a rate tracker, you can get

  • Daily emails that tell you what the rate is
  • An alert email for a particular rate that you want. For instance, if the AUD/NZD is at 1.05 but you want to buy it when it gets to 1.08 then you can set a rate alert for 1.08 and we'll notify you if it gets there

Make sure to also tell us you date of travel. You won't receive any more emails after this date.

You can also set up more than one alert. Choose a number of currencies including US dollars (USD), Japanese Yen (JPY), Euro (EUR) and British Pounds (GBP).

It's important not to leave it to the last minute. Even though S Money is one of the fastest ways to buy currency in Australia, you can't buy it on the day you are travelling. To allow for time, make sure you have ordered and paid for your order at least 4 days before you fly out.

Track the best time to buy NZ dollars with AUD

NZD Rate

Not ready to buy yet?
You can get a free rate tracker!

We match our exchange rate with the rate show on Google or XE. In real time.

This means you never pay over-inflated rates and can be 100% positive you are getting the most competitive exchange rate to buy your NZ dollars.