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Buying New Zealand Dollars this week

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Sterling has dropped a small amount against the New Zealand Dollar this morning following Alastair Darling’s comments. The Chancellor said on Sunday he was ‘extremely concerned’ that banks may be charging firms too much for loans. Indeed, the meeting today will give us an insight into how the banking system may perform over the next few months. For more information please contact your currency broker who will be more than happy to explain.

New Zealand Dollar Currency Report

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The New Zealand Dollar continues to strengthen against the Pound hitting 2.49 on early morning trading. With the Bank of England not meeting for two weeks any potential benefit for Sterling vs NZD does not look immediate.

Buying New Zealand Dollars for Property

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When looking for best exchange rates for buying New Zealand Dollars it is important that you use an experienced currency broker who will help save money when transferring funds overseas. The NZD is rather volatile and not heavily traded so the rates you may received from a high street bank may not be competitive. The GBP vs NZD exchange rate is currently showing 2.50 on Interbank level

Kiwi Dollar Exchange Rates

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The New Zealand Dollar has strenghtened slighlty this morning against the Pound as carry trading is continuing to affect the exchange rate.The market has dropped two cents since the previous day