NZD Exchange rate
NZD is the currency of New Zealand. Because of New Zealand’s proximity to Australia, the most popular NZD Exchange rate is the NZD to AUD and Vice versa. Within New Zealand, it is almost always abbreviated with the dollar sign ($), with NZ$ sometimes used to distinguish it from other dollar-denominated currencies. In the context of currency trading, it is often informally called the “Kiwi”, since New Zealand is commonly associated with the indigenous bird and the $1 coin depicts a kiwi. The New Zealand dollar is consistently one of the 10 most-traded currencies in the world, being approximately 2.0% of global foreign exchange market daily turnover in 2013. Because of its popularity, NZD is available freely in Indian Forex market, however, the NZD exchange may not be the best rates.
The best and the live NZD exchange rates are with BookMyForex, which is India’s first and the largest online marketplace for currency exchange and international remittances. BookMyForex compares the exchange rates of all the money exchangers and banks near you and provides you with the best exchange rates in real time. You can also get NZD Exchange both in private and nationalized banks as well as local money exchangers but they can’t be trusted as far as the rates are concerned because most money changers charge a fixed rate for a particular currency on a given day, whereas actually the NZD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Banks keep a very high margin on the interbank rates.
You can place your forex order online or at our app in few steps or simply through phone. Getting doorstep delivery is something every customer desires today and to provide absolute convenience to the customers BookMyForex provides doorstep delivery in more than 650 locations in India. We have an efficient customer support service that will not only assist you in taking decision about the best suitable forex product to purchase but also will make sure you get timely delivery. One can also lock in live exchange rates on www.bookmyforex.com when the rates are the lowest and remit money within 3 days to counter fluctuating exchange rates. Therefore, whether you are shopping for your wardrobe or forex, do not forget to check the NZD Exchange rates online as they are certainly the best