Once you have the live bank exchange rates, you can compare them to the mid-market rates. These are the official exchange rates at any given time.
By working out the difference between the mid-market rates and the quoted exchange rates you get, you can see how much you’re paying in exchange rate margins.1
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Kiwibank exchange rates
Check out Kiwibank exchange rates to see how much it costs to convert or send foreign currencies.
You can get an idea of typical Kiwibank exchange rates in the table below. Comparing these against what’s on offer from some alternative services can make a big difference to the amount of money that reaches your recipient.
What are Kiwibank’s foreign exchange rates?
These exchange rates show how much Kiwibank pays when buying and selling different currencies. This table was last updated on 16 March 2019.
|Currencies||Foreign cash||Online (IMT, FCA)||Loaded™ for Travel|
|AUD – Australian Dollars||0.9486||0.9513||0.9321|
|GBP – Great Britain Pounds||0.507||0.5092||0.4983|
|USD – United States Dollars||0.6726||0.6738||0.6584|
|JPY – Japanese Yen||74.8545||74.8318||73.9603|
|EUR – Euros||0.5918||0.5939||0.5839|
|CAD – Canadian Dollars||0.8949||0.9||0.8775|
|AED – United Arab Emirates Dirham||–||2.3747||–|
|BHD – Bahrain Dinar||–||0.248||–|
|CHF – Swiss Francs||0.6723||0.6755||–|
|CNY – Chinese Yuan||4.3042||–||–|
|CZK – Czech Republic Koruna||–||14.5888||–|
|DKK – Danish Krone||4.4017||4.4429||–|
|FJD – Fiji Dollars||1.3917||1.4335||–|
|HKD – Hong Kong Dollars||5.2706||5.305||5.1684|
|HUF – Hungarian Forint||–||175.9118||–|
|IDR – Indonesian Rupiah||9175.3856||9341.649||–|
|ILS – Israel Shekel||–||2.2918||–|
|KES – Kenyan Shilling||–||67.0765||–|
|KRW – Korea (South) Won||693.7825||–||–|
|KWD – Kuwait Dinar||–||0.2025||–|
|MXN – Mexican Pesos||–||12.9396||–|
|MYR – Malaysian Ringgit||2.6015||–||–|
|NOK – Norwegian Krone||5.7374||5.7362||–|
|PGK – Papua New Guinea Kina||–||2.134||–|
|PHP – Philippines Pesos||34.1746||35.0484||–|
|PKR – Pakistan Rupee||–||90.9323||–|
|PLN – Poland Zloty||–||2.3641||–|
|SAR – Saudi Arabian Riyal||–||2.4246||–|
|SBD – Solomon Islands Dollars||–||5.0882||–|
|SEK – Swedish Krona||6.1985||6.2609||–|
|SGD – Singapore Dollars||0.9088||0.9128||0.8931|
|THB – Thailand Baht||20.8027||21.3093||20.6653|
|TOP – Tongan Pa’anga||1.4134||1.4621||–|
|TRY – Turkish Lira||–||3.5969||–|
|TWD – Taiwanese New Dollars||18.7988||–||–|
|VND – Viet Nam Dong||14123.9911||–||–|
|VUV – Vanuatu Vatu||75.2534||74.5679||–|
|WST – Samoan Tala||1.6459||1.6851||–|
|ZAR – South African Rand||9.5987||9.7229||9.2234|
|AUD – Australian Dollars||1.007|
|GBP – Great Britain Pounds||0.5473|
|USD – United States Dollars||0.7238|
|JPY – Japanese Yen||81.1626|
|EUR – Euros||0.6417|
|CAD – Canadian Dollars||0.9692|
|CHF – Swiss Francs||0.7301|
|CNY – Chinese Yuan||5.1795|
|DKK – Danish Krone||4.8428|
|FJD – Fiji Dollars||1.6179|
|HKD – Hong Kong Dollars||5.7188|
|IDR – Indonesian Rupiah||10818.9467|
|KRW – Korea (South) Won||928.2116|
|MYR – Malaysian Ringgit||3.1895|
|NOK – Norwegian Krone||6.256|
|PHP – Philippines Pesos||39.5352|
|SEK – Swedish Krona||6.8614|
|SGD – Singapore Dollars||0.9865|
|THB – Thailand Baht||23.5126|
|TWD – Taiwanese New Dollars||22.6544|
|VND – Viet Nam Dong||17005.8277|
|VUV – Vanuatu Vatu||83.3756|
|WST – Samoan Tala||1.9593|
|ZAR – South African Rand||10.6894|
Sending money with Kiwibank: What to know
What we like
- Multi-currency accounts. You can get free transfers when sending foreign currency to your own Kiwibank multi-currency account.
- Convenient. You can make international money transfers directly from your own bank account.
What to watch out for
- Uncompetitive rates. Kiwibank’s exchange rates may not be as competitive as some of the options from specialist money transfer services.
- Additional bank fees. Other banks may also charge correspondent or receiving fees on bank transfers.
How do Kiwibank’s exchange rates compare?
Compare Kiwibank’s exchange rates with other services to make sure you’re getting the best deal on your transfer.
Specialist money transfer services will often have lower fees and more competitive exchange rates than the major banks.
The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.
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