Live GBP > NZD exchange rates December 2018 | finder.com
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Best GBP > NZD exchange rates as of Dec 12, 2018

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Find the best exchange rate when converting your British pounds to New Zealand dollars.

If you’re a forex investor or simply looking to trade British pounds for the New Zealand dollar, get the most for your money with a strong exchange rate.

Today’s mid-market rate

The mid-market British pound–to–New Zealand dollar exchange rate is 1 GBP = 1.76 NZD. (Rate accurate as of March 9, 2017.)

Get the best rate for your GBP > NZD exchange

We’ve gathered today’s best rates to inform your forex decisions when trading British pounds for New Zealand dollars.

Refreshing in: 60s | Thu, 13 Dec 01:16am GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.3855 Inverse: 0.7218 1.3357 Inverse: 0.7487 0.879624 Inverse: 1.1369 6.8800 Inverse: 0.1453 0.7924 Inverse: 1.2620 71.8404 Inverse: 0.0139 20.1061 Inverse: 0.0497 52.65 Inverse: 0.0190
1 AUD = 0.7218 Inverse: 1.3855 1.0000 0.9641 Inverse: 1.0373 0.6349 Inverse: 1.5751 4.9657 Inverse: 0.2014 0.5719 Inverse: 1.7485 51.8510 Inverse: 0.0193 14.5116 Inverse: 0.0689 38.0003 Inverse: 0.0263
1 EUR = 1.1369 Inverse: 0.8796 1.5751 Inverse: 0.6349 1.5185 Inverse: 0.6585 1.0000 7.8215 Inverse: 0.1279 0.90084 Inverse: 1.1101 81.671757 Inverse: 0.0122 22.8576 Inverse: 0.0437 59.8552 Inverse: 0.0167
1 GBP = 1.2620 Inverse: 0.7924 1.7485 Inverse: 0.5719 1.6856 Inverse: 0.5932 1.1101 Inverse: 0.9008 8.6825 Inverse: 0.1152 1.0000 90.661787 Inverse: 0.0110 25.3736 Inverse: 0.0394 66.4437 Inverse: 0.0151

How does the British pound trade against the New Zealand dollar historically?

The strong historical ties between the UK and New Zealand have made the pound and Kiwi dollar fairly equal in worth, with the pound slightly stronger.

The New Zealand dollar was introduced to the forex market in 1967 to replace the New Zealand pound. While the pound most closely connects to the Eurozone, the Kiwi dollars more closely connects to Australian and Asian economies. Unlike the UK, New Zealand is also a small and relatively dependent economy.

During its time of trading against each other, the NZD has occasionally profited through agriculture prices, but the best opportunities have been through instabilities in either the pound or the Kiwi dollar during periods of heavy inflation.

The effects of Brexit

Since the Brexit referendum — or Britain’s proposed exit from the EU — in June 2016, the British pound has declined against several currencies, including the New Zealand dollar. From June 2016 to July 2016, the GBP to NZD exchange rate declined from 2.02623 to 1.84068 per pound. Since then, it has declined even further to 1.7.

Though the British pound is historically stronger than the New Zealand dollar, Brexit could lead to a weaker pound as the British economy remains volatile.

GBP > NZD exchange rate history

We’ve put together the annual average exchange rate for the British pound against the New Zealand dollar from 2007 to 2016.

Year GBP = NZD
2016 1.950343
2015 2.194078
2014 1.984974
2013 1.908724
2012 1.95673
2011 2.028974
2010 2.143455
2009 2.485331
2008 2.605228
2007 2.722479

Here’s the monthly average exchange rate for the British pound against the New Zealand dollar over the past 12 months.

Month GBP = NZD
Feb. 2017 1.72744
Jan. 2017 1.735052
Dec. 2016 1.775939
Nov. 2016 1.744357
Oct. 2016 1.727438
Sept. 2016 1.801098
Aug.2016 1.81212
July 2016 1.840681
June 2016 2.02623
May 2016 2.135
April 2016 2.076808
March 2016 2.114954

What affects the GBP > NZD exchange rates?

Plenty of factors influence the British pound and New Zealand dollar exchange rate. However, five main factors affect how the British pound trades against all currency.

Prices and inflation

Like with all currencies, countries with high levels of inflation will see higher currency depreciation when compared to other currencies.

Monetary policy

The Bank of England controls the supply of the GBP and promotes its stability to control high levels of inflation.

Confidence and sentiment

When evaluating a currency, traders rely on public confidence about the economy. Whether the public is optimistic or pessimistic about the wealth and resources of the UK can shifting trends in the economy.

Economic growth

The UK’s economic activity is measured by its gross domestic product (GDP), which includes the preliminary GDP, the revised GDP and the final GDP.

Balance of payments

Even though the balance of payment is made up of three accounts, the only one that affects the exchange rate is the current account. The current account reveals how much a country is exporting and importing, and the flow of income and transfer payments.

Compare today’s rates from providers who can send GBP to NZD

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Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 3 - 5 days GBP 0.00 1.827 NZD 9,133 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
USD 1,000 1 day GBP 0.00 1.826 NZD 9,129 No maximum limit, no fees and competitive exchange rates for 100+ currencies. Go to site Show details
USD 1 1 - 2 days GBP 1.25 1.831 NZD
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USD 1 Within an hour GBP 3.99 1.824 NZD 9,112 Use promo code FINDER to send your first transfer with no fee.
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1 - 2 days GBP 0.00 1.822 NZD 9,110 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. Go to site Show details

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Compare GBP exchange rates to more currencies

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Bottom line

When exchanging British pounds for New Zealand dollars, find a provider that offers two-sided quotes to understand the spread they charge. If they show you only the buy or sell rate — but not both — consider looking elsewhere. Ultimately, the closer you can get to the mid-market rate, the better the deal.

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US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First

No maximum limit, no fees and competitive exchange rates for 100+ currencies.

TransferWise

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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