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Sending money to New Zealand has become slightly more expensive this morning as GBP NZD exchange rates have fallen by nearly 1.5%, thats around 6400 less Kiwi Dollars on a transfer of £200k.

On the back of some positive movements for Sterling last week, this mornings losses may be this currency pair reverting back to the form of recent weeks. If you have a requirement to exchange Sterling for Kiwi Dollars can you afford to take the risk of rates moving further?