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  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above without any threshold limit in a financial year under the Liberalised Remittance Scheme of the Reserve Bank of India.The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C (1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
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Dear Customer,the selected currency is not readily available,hence cannot proceed ahead with this transaction. Our expert will contact you for further assistance or you can also call us on toll free no 1800-2099-100.

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INR to NZD Converter

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NZD

Buy, Sell or Transfer New Zealand Dollar (NZD) in India at the best exchange rates

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
View Detailed Rate card

Indian Rupee (INR) to New Zealand Dollar (NZD)

The mini-island –New Zealand offers a unique dimension to the Earth. The beautiful array of grasslands and the majestic water reservoirs will bind your senses and will leave you awestruck! The scenic landscapes and archaic mountains will not miss taking your breath away. To keep your trip to New Zealand cost-effective, we will provide you with the best exchange rates. Thomas Cook is regarded as an ideal platform to exchange your currency. We excel to provide you with best exchange rates and help you convert INR to NZD. Your asset is well served with faith by the team of experts.

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Importance of the New Zealand Dollar

The New Zealand Dollar is the official currency of New Zealand. It is one of the top 10 traded foreign currencies worldwide. The symbol of the New Zealand Dollar is NZ$ and it is abbreviated as "NZD" in forex trade. The currency subunit is cent is equal to 1/100th of a Dollar.

Introduction of the New Zealand Dollar

The New Zealand currency was introduced in the year 1967. The New Zealand Dollar replaced the Sterling Pound used as the currency. The NZD is used in New Zealand, Cook Island, Tokelau, and Niue. The currency of New Zealand is printed and circulated by the Reserve Bank of New Zealand. The banknote denomination currently circulated are NZ$5, NZ$10, NZ$20, and NZ$50, while the denominations of the coin include 10 c, 20 c, 50 c, NZ$1, and NZ$. The New Zealand Dollar is also called "Kiwi" as it is the national bird of the country. The national bird "kiwi" appears on the NZ$ 1 coin.

Factors that affect the exchange of the New Zealand Dollar to INR

Understanding the factors that affect the currency exchange rate is very important as it gives us a clear understanding of the trading relations between two countries. The following are the most significant factors that affect the exchange rate between the New Zealand Dollar and the Indian Rupee.

1. Inflation: The inflation rate within the country affects the exchange rate. If the inflation rate is high it inversely affects the currency exchange rate while a low inflation rate increases the exchange rate of the country's currency.
2. Interest Rates: Interest rates and exchange rates are closely related. Higher interest rates will attract foreign investments and increase the exchange rate while a lower interest rate will decrease the exchange rates.
3. Economic Stability: Economic Stability is a significant factor that determines the exchange rate of the currencies.
4. Political Stability: A good political environment within the country has a direct impact on the exchange rates of the country.

Convert New Zealand Dollar to INR Online as per Today's Conversion Rate

The conversion rate determines the value of one currency to the other currency. Let us understand the value of the New Zealand dollar to the Indian Rupee. So, today's currency exchange rate is 1 NZD = 50.85 INR i.e., the value of 1 New Zealand Dollar is 50.85 Indian Rupee. So, if you are earning in New Zealand then sending money to India is beneficial as the NZD is a stronger currency today.

Convert New Zealand Dollar to INR

Above we have seen currency conversion of NZD to INR. Let us now see the conversion of INR to NZD. Today's currency exchange rate between INR to NZD is 50.85 INR for 1 NZD. So, if you want 100 NZD then you need to spend 50.85*100 = 5085.26 INR.

How are New Zealand Dollar-INR Rates Determined?

While dealing with foreign exchange or traveling to New Zealand from India or vice versa you will need foreign currency. The foreign currency exchange rates determine the value of the currency you will receive. Certain factors determine the foreign exchange currency rates of the New Zealand Dollar and the Indian Rupee they are as under:

1. The central banks of both countries namely the Reserve Bank of India and the Reserve Bank of New Zealand determine the exchange rates of their respective currencies
2. The demand and Supply of the currencies
3. The exchange rates whether fixed or floating
The above are certain factors that determine the New Zealand Dollar and Indian Rupee rates.

New Zealand Dollar and INR Overview

The Indian Rupee and the New Zealand Dollar are closely traded currencies on the foreign exchange market. However, these rates keep on fluctuating daily. The following table showcases the statistics of INR to NZD in the last 30 and 90 days.

We are a 24A—7 online portal to assist you with live exchange rates and to keep you away from any kind of contrariety.
Thomas Cook assures you comfort in foreign land by availing exchange rates at best competitive rates.

 

Details Particulars of the last 30 days Particulars of the last 90 days
High Rate 0.019983 0.019985
Low Rate 0.019282 0.018782
Average Rate 0.019653 0.019503

How to Exchange Currency with Thomas Cook?

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Frequently asked questions INR to NZD

I want to sell some New Zealand Dollars. How can Thomas Cook help me?
You may either visit one of the Thomas Cook branches or even apply online via a simple form. In either option, one of our expert representatives will connect with you to guide you on the right options as per your needs, and they will ensure that the entire process is conducted as seamlessly as possible to ensure that your experience with Thomas Cook is seamless.
Are currency notes the best option to carry for travelling?
Currency notes may not be the best however, one of the great ways of carrying currency while you are travelling. These are especially handy to take care of all your petty expenses while you are on your trip. We facilitate most of the global currencies to cater to all your travel needs. Our experts will guide you with all the necessary proceedings, and we will provide you with absolutely authentic notes to ensure you travel safe and secure without facing any unwanted hassles.
My mother had an accident in New Zealand. Can I remit money directly to the hospital?
Yes. We, at Thomas Cook, completely understand your requisition, and assist you accordingly. You just need to visit the nearest Thomas Cook branch, submit the necessary documents, and post the completion of verification, we will complete the online remittance to the hospital in New Zealand.
Does Thomas Cook facilitate an online portal to buy forex?
Thomas Cook is a leading name when it comes to Foreign Exchange services, thereby respecting your forex requisition for an international trip. Our 24x7 online tool is available for the users who wish to buy, sell, or remit forex. All you need to do is fill up a simple form and submit the relevant details. Once the formality is done, the respective mode of forex will be handed over to you at the completion of verification and receipt of payment.
I have recently enrolled in a foreign university in New Zealand. How do I remit the fees directly to the university? What about other travel requirements?
At Thomas Cook, we can efficiently assist you with all the formalities necessary to make your payment to the university seamlessly. Furthermore, we also facilitate tailor-made services for students who are looking to pursues higher education abroad. These services include foreign currency, air tickets and visa altogether. Thus, you may visit the nearest Thomas Cook branch, and we will take care of all your requirements.

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