Best GBP to NZD exchange rates today

Use historical data and table to determine the best rate.

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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

Live Rate

= NZ$ 2.0160

Refreshing in: 60s | Thu, Oct 24, 04:10AM GMT

Buy New Zealand dollars with British pound

Compare online forex specialists to find the best rate for your exchange.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 1 - 2 days GBP 0.00 2.008 NZD 10,040 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 1 Within an hour USD 3.99 2.008 NZD 10,038 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
GBP 1,000 1 - 2 days GBP 0.00 1.996 NZD 9,979 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1,000 1 day GBP 0.00 1.996 NZD 9,979 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
USD 5,000 1 day GBP 0.00 1.996 NZD 9,979 Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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. New Zealand has a small economy and is dependent on trade.

When is the best time to buy?

The best time to buy depends on economic and political factors. Since the UK’s Brexit referendum — 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 to NZD exchange rate history

We’ve put together the average exchange rate for the British pound against the New Zealand dollar from the past week.

Oct 17 Oct 18 Oct 19 Oct 20 Oct 21 Oct 22 Oct 23
1 GBP = 2.0247 Inverse: 0.4939 2.0330 Inverse: 0.4919 2.0330 Inverse: 0.4919 2.0212 Inverse: 0.4947 2.0230 Inverse: 0.4943 2.0094 Inverse: 0.4977 2.0123 Inverse: 0.4969

Average exchange rate over the past 6 months.

May 25 Jun 19 Jul 14 Aug 08 Sep 02 Sep 27
1 GBP = 1.9405 Inverse: 0.5153 1.9310 Inverse: 0.5179 1.8782 Inverse: 0.5324 1.8725 Inverse: 0.5341 1.9138 Inverse: 0.5225 1.9525 Inverse: 0.5122

Average exchange rate over the past 10 years.

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
1 GBP = 2.5983
Inverse: 0.3849
Inverse: 0.4747
Inverse: 0.4780
Inverse: 0.4926
Inverse: 0.5482
Inverse: 0.5133
Inverse: 0.4986
Inverse: 0.4763
Inverse: 0.5349
Inverse: 0.5187

What affects the GBP to NZD exchange rates?

The five main factors that influence the British pound and New Zealand dollar exchange rate are:

  • Prices and inflation
    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
    Traders rely on public confidence about the economy when evaluating a currency. 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
    The balance of payment is made up of three accounts, with only the current account that affects the exchange rate. This account reveals how much a country is exporting and importing, and the flow of income and transfer payments.

Bottom line

Compare providers that offer an exchange rate close to the mid-market rate to get the most for your trade.

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