Convert Euro to New Zealand Dollar
EUR to NZD Exchange Rate Calculator
1 Euro (EUR) = 1.9491 New Zealand Dollar (NZD) at the live mid-market rate. That means $100 EUR converts to roughly 194.91 NZD, and $1,000 EUR converts to about 1,949.10 NZD. The EUR/NZD rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day EUR/NZD context
Over the past 90 days, EUR/NZD has traded between 1.9491 and 2.0267. The current rate of 1.9491 sits roughly 0% through that range — near the lower end, meaning New Zealand Dollar has been stronger than typical against Euro recently. Versus the rate 90 days ago, Euro has weakened by 1.11% against New Zealand Dollar.
EUR/NZD Price History
Interactive EUR/NZD exchange rate chart with 7-day, 30-day, and 90-day views.
About Euro (EUR)
The Euro (EUR) is the official currency of 20 European Union member states — collectively the Eurozone — and the world's second-most-traded currency. Introduced in 1999 as an accounting currency and 2002 as physical cash, it is managed by the European Central Bank (ECB) from Frankfurt.
- •Used daily by over 340 million people across 20 countries
- •Second-largest reserve currency, ~20% of global central bank reserves
- •EUR/USD is the world's most-traded currency pair (~23% of forex volume)
- •ECB sets the deposit facility rate, main refinancing rate, and marginal lending rate
- •Eurozone CPI target is 2% over the medium term
About New Zealand Dollar (NZD)
The New Zealand Dollar (NZD) is the official currency of New Zealand, Niue, the Cook Islands, and Tokelau. Nicknamed the "Kiwi" after the national bird on the NZ$1 coin, it is a commodity currency heavily tied to dairy exports — New Zealand is the world's largest dairy exporter by value.
- •New Zealand is the world's largest dairy product exporter
- •Reserve Bank of New Zealand (RBNZ) was the first central bank to adopt a formal inflation target (1990)
- •NZD/USD is nicknamed "Kiwi"; AUD/NZD is "Bird" among traders
- •China is New Zealand's largest trading partner
- •Fonterra's GlobalDairyTrade auctions (fortnightly) move NZD reliably
Frequently Asked Questions
How do commodity prices affect EUR/NZD?
NZD is a commodity-linked currency — its movements correlate closely with dairy products prices. Rising commodity prices typically strengthen NZD and move EUR/NZD accordingly.
What is a typical daily range for EUR/NZD?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move EUR/NZD the most?
The biggest scheduled catalysts are ECB rate decisions and Eurozone flash CPI prints and RBNZ decisions and fortnightly GlobalDairyTrade auctions. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert EUR to NZD at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market EUR/NZD than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the EUR/NZD rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market EUR/NZD rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Rate history
- NZD/USD historyNZD/USD ("Kiwi" in forex slang) is the second of the major commodity-currency pairs after AUD/USD — heavily linked to global dairy prices, Chinese consumer demand, and global risk sentiment
- AUD/NZD historyAUD/NZD is the trans-Tasman cross — combining Australia's commodity-currency with New Zealand's dairy-driven currency
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Exchange rates refresh hourly · Sourced from institutional-grade data providers