Convert New Zealand Dollar to Japanese Yen
NZD to JPY Exchange Rate Calculator
1 New Zealand Dollar (NZD) = 94.8600 Japanese Yen (JPY) at the live mid-market rate. That means $100 NZD converts to roughly 9,486.00 JPY, and $1,000 NZD converts to about 94,860.00 JPY. The NZD/JPY 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 NZD/JPY context
Over the past 90 days, NZD/JPY has traded between 91.1000 and 95.1500. The current rate of 94.8600 sits roughly 93% through that range — near the upper end, meaning Japanese Yen has been weaker than typical against New Zealand Dollar recently. Versus the rate 90 days ago, New Zealand Dollar has strengthened by 1.70% against Japanese Yen.
NZD/JPY Price History
Interactive NZD/JPY exchange rate chart with 7-day, 30-day, and 90-day views.
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
About Japanese Yen (JPY)
The Japanese Yen (JPY) is the official currency of Japan and the third-most-traded currency worldwide. It is the premier carry-trade funding currency thanks to decades of ultra-low interest rates, and it plays a defining safe-haven role during global equity selloffs.
- •Third-most-traded currency, ~17% of daily forex volume
- •Bank of Japan ended its negative interest rate policy in March 2024 after 17 years
- •Japan holds the world's largest net international investment position
- •Yen weakness typically boosts Japanese exporter earnings (Toyota, Sony, etc.)
- •The Ministry of Finance — not the BoJ — controls FX intervention policy
Frequently Asked Questions
How do commodity prices affect NZD/JPY?
NZD is a commodity-linked currency — its movements correlate closely with dairy products prices. Rising commodity prices typically strengthen NZD and move NZD/JPY accordingly.
What is a typical daily range for NZD/JPY?
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 NZD/JPY the most?
The biggest scheduled catalysts are RBNZ decisions and fortnightly GlobalDairyTrade auctions and BoJ rate decisions, MoF intervention language, and BoJ Outlook Reports. 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 NZD to JPY at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market NZD/JPY 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 NZD/JPY rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market NZD/JPY 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.
Related Conversions
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Country money guides, key terms, rate history, and articles related to NZD/JPY.
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Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Safe-Haven CurrencyA safe-haven currency is one that investors buy during periods of global financial stress,…
Rate history
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Exchange rates refresh hourly · Sourced from institutional-grade data providers