NZD to USD

Transfer NZD to USD or USD/NZD for business or personal reasons. Contact the Direct FX team for a free online quote or sign up below.

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NZD to USD

NZD/USD Transfer

When converting NZD to USD, or United States dollars to New Zealand dollars (USD to NZD), with Direct FX, we can help you save money. Our real time exchange rates are significantly more competitive than a large bank’s foreign exchange rates. We specialise in knowing what drives NZD/USD currency conversion.

NZD to USD Overview: The USA is New Zealand’s second largest export market and third for largest for imports. This had made the NZD to USD exchange rate a primary focus for Direct FX for many years.

The NZD/USD exchange rate can be volatile at times, especially during peaks and troughs of the market. Our team will help you navigate market conditions when you would like to convert your currency.

Exporting

Importing

Travelling

Relocating Overseas

Online Business

International Investment

Currency Conversion Calculator

How to use the calculator:

1. Enter the amount of currency you would like to sell
2. Select the currency you would like to sell
3. View the buy amount based on Direct FX’s exchange rate. Note that the rates may vary slightly and are updated regularly.

Please note, this tool is indicative only. Please reach out if you have any questions or would like a free quote.

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NZD to USD

How does the transaction process work?

1. Account Registration

Apply for an account. We will generally be in touch to confirm account approval and to discuss your currency requirements within 24 hours.

2. Start Your Transaction

When you are ready to deal, you will now need to tell us:
  • The currency you need to sell
  • The currency you need to buy
  • The amount you need to buy or sell
  • Your required settlement date

3. Choose Order Type

You have the option of asking us to complete your transaction using one of two order types or letting us know which one you would like:
  • At market order
  • Limit order

Read about Market and Limit orders below.

4. Confirm Your Order

Once your order is completed by Direct FX, you will receive the trade confirmation. To complete the transfer, both parties must complete the respective settlement obligations:
  • Client sold currency paid to Client Funds Account, one day before the settlement date
  • On settlement date, Direct FX will deposit to you, or your beneficiary, your bought currency
NZD to USD

Market and Limit Orders

Market Order

Market order is a request from the client to trade at the current market exchange rate. Requesting an order at the market order rate from Direct FX does not constitute a transaction between both parties. Only if the client agrees to trade at the quoted exchange rate is a transaction in place.

Market orders can be requested for amounts equal to or greater than NZD 5,000.00 or the foreign currency equivalent.

Limit Order

Limit order is agreeing to exchange currency at an exchange rate not currently available.

For example, if the client would like place an order to sell AUD and buy USD at USD 0.8000, but the current rate was USD 0.7800, the client has the option to place a limit order to sell AUD and buy USD when the rate reaches USD 0.8000.

Direct FX will manage the client’s order until completed. Limit orders can be placed for amounts equal to or greater than NZD 5,000.00 or the foreign currency equivalent.

Frequently Asked Questions

Answers to your FAQ's

Can you predict currency moves?

The global foreign exchange market has an average daily turnover of 3 to 4 trillion. This means that it is so big that no one participant (except central banks) can influence or continually predict market moves.

However, we are in a very unique position, in that we are in constant contact with and transact directly for, the bank currency traders in our region.

This means we can provide our personal clients with:

  • The most up to date insight into what may be driving currency moves
  • An ability to directly access the views of bank currency traders
  • A lot more than just the financial savings our exceptional exchange rates provide

Do you offer advice?

We will give you general product advice, in plain English.
We will explain the choices, benefits and risks of foreign exchange products.
We can discuss recent and historical levels of the currencies you are exposed to.
We can give you an overview of the current market consensus.

We will never, however, claim to know where currencies will trade in the future, or that we can achieve the best possible execution level for you.

No one can promise this.

Can you help me with transaction decisions?

Ultimately every client must make their own transaction decisions based on their specific currency requirements and situation. We believe access to our advice allows our personal clients to:

  • Make their own informed decisions
  • Gain a level of insight they would not get from their bank
  • Receive value from our service that is in addition to receiving an exceptional exchange rate

Be very wary of anyone or any company, who claim to provide more.

Do I have to have an account with Direct FX to make a transaction?

In order to work with us, you first need to apply for an account.

You can do that easily by clicking the link below:

Apply for an account

How do I start a transaction?

When you are ready to transact, you will now need to tell us:

  • The currency you need to sell
  • The currency you need to buy
  • The amount you need to buy or sell
  • Your required settlement date

You can give us this information by either email or phone.

You then have the choice of asking us to complete your transaction using one of two order types:

  • At market order (Exchange at set date)
  • Limit order (Exchange at a set rate)

Do you accept cash, cheque, or card payments?

All settlement payments between us must be made electronically.