New Zealand is a tourist hub for its vast and extravagant rich geographical location which attracts tourists from all over the World. New Zealand being pioneer in currency technology and introduced polymer notes in 1999.
History of New Zealand Dollar:
The official currency of New Zealand is New Zealand dollar and abbreviated as NZD and commonly written as NZ$. Since the year 1840, New Zealand pound was circulated throughout the country before New Zealand dollar was introduced.
On July 10, 1967 pound was officially replaced by dollar and through that financial milestone was set. $1 is subdivided into 100 cents and the calculation becomes easy and fast.
Currency in circulation:
Notes: $5, $10, $20, $50, $100.
Evaluation of New Zealand Dollar:
Some of the factors influencing New Zealand Dollar are:
Tourism: Tourism is a major source of foreign exchange for New Zealand. Thus, whenever tourism booms, foreign visitors often exchange their currencies into NZD, thereby boosting Demand.
Inflation: Higher inflation rates often impact strength of the New Zealand Dollar as a currency however overall inflation rate in 2025 seems to be moderate, thus preventing currency from being volatile.
Who requires New Zealand Dollar and why is it necessary?
1.Student
Reasons:
Visa requirements: Student visa holders often need to show they have enough funds in the form of New Zealand dollars in an account.
Tuition fees: Most universities and schools require payment in New Zealand dollars.
Trust: Dealing in New Zealand dollars for business with local partners often builds trust and results in ease of transactions.
2.For a Tourist/Business Traveller.
Reasons:
Ease of payments: Outside major cities and most stores do not accept other currencies except New Zealand Dollar.
ATM/ Card Payments: ATMs and Debit/Credit cards often charge very high foreign exchange fees or withdrawal fees.
Evaluation of Yen:
Yen as currency is influenced by various factors. Let us look at a few of them:
Economic Factors: Japan’s inflation, economic growth, employment rates, etc. It signifies the growth of country and thus directly impacts the yen exchange rate.
Monetary Policy: Bank of Japan’s market rate interventions and interest rate decisions have influenced the stability of Yen.
Trust:Dealing in New Zealand dollars for business with local partners often builds trust and results in ease of transactions.
How to Buy or Sell New Zealand Dollar at the affordable Exchange Rate in India?
Banks-Banks involve more formalities, a lengthier process and are often time-consuming with limited operational hours making whole process of exchanging foreign currency at banks tiresome.
RBI-licensed Money Changers- Licensed by RBI Money changers are often more accessible, faster with longer working hours, no need an account and are less cumbersome than banks.
Among the many money changers available in the market, Orient Exchange stands out as an affordable, customer-friendly and reliable option worth considering.
Why Orient Exchange is the best way to buy or sell New Zealand dollars in India?
Accessibility:With Orient Exchange, you can buy or sell New Zealand dollars online and get doorstep delivery at your convenience. With 26 branches throughout India, Orient Exchange provides a blend of both digital convenience and personalized face-to-face offline support.
Hours of operation and availability:Orient Exchange is located in major cities, which are easily accessible with a strong offline presence with longer operating hours making it more accessible to customers than Banks.
Why choosing Orient Exchange would be a smart choice to send money abroad?
If you plan to send New Zealand dollars for expenses like education or medical treatments or pay University fees, your search stops right here, at Orient Exchange you can get an International Money transfer done within a few clicks.
As an authorized RBI dealer, one can expect fast and efficient wire transfers, Documentation assistance, Video-KYC, Transparent charges with swift and compliant money transfer.
Charges involved: Orient Exchange is the best money changer for sending money abroad. Whereas, Banks not only have higher exchange rates and mark-up fees, Charges of some banks can go from 500 Rs to as high as 1500 Rs excluding taxes.
Conclusion:
New Zealand dollar is 10th most traded currency in the world and due to its economy being strong and stable, it strengthens even during global risk-on periods. If you're planning a travel to New Zealand? Arranging funds is important for a hassle-free trip. At Orient Exchange with 20+ years of experience in providing affordable service to its customers, it should always be your first choice to get the best exchange rate to buy NZD or sell NZD in India.
Choose Orient Exchange today and make your travel smarter.
Other currencies Overview
- US Dollar
- Euro
- British pound
- Thai Baht
- UAE Dirham
- Singapore Dollar
- Canadian Dollar
- Australian Dollar
- Indonesian Rupiah
- Malaysian Ringgit
- Saudi Riyal
- Vietnam Dong
- Mauritian Rupee
- Swiss Franc
- Sri Lankan Rupee
- Philippine Peso
- Hong kong Dollar
- Japanese Yen
- New Zealand Dollar
- Russian Ruble
- Turkish Lira
- Chinese Yuan