The live New-Zealand-dollar-to-Canadian-dollar rate, updated every minute. Book NZD→CAD with SummitFX on WhatsApp — we accept incoming NZD via SWIFT and settle CAD via SWIFT to your Canadian recipient bank.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a NZD amount to see what you'd get in CAD, or enter a target CAD amount to see how many New Zealand dollars you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.6–1.0% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
NZD/CAD is the mirror of CAD/NZD — read from the New Zealand side. The pair moves on Reserve Bank of New Zealand policy, Bank of Canada policy, dairy versus oil and base-metal commodity prices, China versus US demand, and risk sentiment. Both currencies are commodity-linked Anglosphere economies, so the pair tends to be moderately stable. Divergence comes from differential commodity exposure and the relative aggressiveness of RBNZ versus BoC monetary policy.
Reserve Bank of New Zealand policy: The RBNZ sets the Official Cash Rate and is one of the most policy-active developed-market central banks. It meets seven times a year. The post-meeting Monetary Policy Statement is the biggest scheduled NZD event in the calendar.
Dairy prices and Global Dairy Trade: Dairy dominates New Zealand's export mix, with Fonterra alone accounting for around a third of global dairy trade. The fortnightly Global Dairy Trade auctions provide regular NZD-relevant price signals. Strong dairy prices typically support NZD; weakness weighs.
China demand for NZ goods: China is New Zealand's largest export market, taking dairy, meat, timber, and other goods. Chinese growth data, PMIs, and food import volumes often move NZD differently from CAD because the underlying demand drivers differ — food consumption versus US industrial production.
NZ housing market: New Zealand has one of the world's most expensive housing markets relative to incomes. Housing-sector dynamics affect both consumer wealth and RBNZ's financial stability concerns. Major housing developments can move the kiwi independently of CAD.
Risk sentiment: NZD is a textbook risk-on currency. In bullish global markets it typically outperforms; in stress episodes it sells off sharply against safe havens — though against fellow commodity currency CAD, the divergence is smaller than against safe havens.
Bank of Canada policy: The BoC sets Canadian interest rates and meets eight times a year. The post-meeting Monetary Policy Report and Tiff Macklem's press conferences are the biggest scheduled CAD events. The BoC's policy path tends to track the Fed closely given US-Canada integration.
Oil prices: Canada is a major oil producer; oil exports are a meaningful share of national GDP. Rising oil prices typically support CAD; falling oil weighs on it. WTI is the relevant benchmark.
US data and Fed policy: Around 75% of Canadian exports go to the US, so Canadian growth is closely linked to US demand. US non-farm payrolls and CPI prints often move CAD as much as Canadian-specific data — sometimes more.
Canadian housing market: Canadian housing is a meaningful macro variable, affecting both consumer wealth and BoC's financial stability concerns. Major housing-sector developments can move the loonie.
Risk sentiment: CAD is moderately risk-on but less so than NZD. In bullish global markets both strengthen but NZD often outperforms; in stress episodes CAD tends to hold up better.
New Zealand and Canada share modest direct trade ties worth around C$2 billion annually. The corridor's depth comes from migration (the bilateral Working Holiday Maker programme), CPTPP-driven trade, and institutional flows. NZ Super Fund and KiwiSaver default schemes hold meaningful Canadian government bond and equity positions; Canadian institutional investors have similarly modest but real NZ asset holdings. NZ exporters of dairy, meat, and wine receive CAD revenue from Canadian buyers, particularly under CPTPP preferential terms.
NZD→CAD settles via SWIFT through our Canadian correspondent network. Time-zone alignment is challenging — Auckland is 11-13 hours ahead of London and 16-18 hours ahead of Toronto, so NZ morning bookings reach the UK before our cutoff but afternoon NZ bookings often miss it.
Three things most commonly cause NZD→CAD transfers to miss same-day settlement:
Late NZD arrival in UK time. Our cutoff is 11:00 UK time for same-day CAD settlement. NZD wires sent from New Zealand in the morning typically arrive in the UK before our cutoff (Auckland morning is UK previous-day evening), but afternoon NZ bookings often miss it. If you're sending from NZ, send in the NZ morning to maximise same-day chances.
Intermediary bank holds. SWIFT wires from NZ to the UK occasionally pass through an Australian or US correspondent bank, adding processing time. Standard delays are minor; longer holds are rare but can push settlement to T+1.
Canadian or NZ holidays. If Canadian banks are closed (Canada Day, Thanksgiving in October, Family Day, Victoria Day), CAD wires won't post. If NZ banks are closed (Waitangi Day, ANZAC Day, Matariki, Queen's Birthday), NZD wires won't be initiated. Plan around both calendars.
For tight CAD deadlines — Canadian property completions, supplier invoices, migration-related transfers — book the day before and let the conversion settle overnight. Forward contracts work well for working-holiday flows where the move date is fixed but currency timing is flexible.
NZD/CAD is the corridor for New Zealand residents and businesses with meaningful CAD obligations, plus Canada-bound flows from NZ migrants, investors, and corporates. Common use cases:
The reciprocal Working Holiday Maker programme sends younger New Zealanders to Canada each year (and vice versa) on extended stays. This generates ongoing NZD-CAD flow for living expenses, accommodation deposits, vehicle purchases, and family-support transfers — a steady, predictable corridor in both directions.
The NZ Super Fund, KiwiSaver default schemes, and other NZ institutional investors holding Canadian government bonds, TSX-listed equities, and Canadian commercial real estate. While modest in scale relative to other NZ allocations, the corridor depth supports tight bid-ask spreads even on smaller retail trades.
NZ buyers — particularly former working-holiday participants who fell in love with Canada — purchasing Canadian property in Vancouver, Toronto, Calgary, and the Maritimes. Forward contracts protect deal economics from currency moves during the typical 4-8 week conveyancing window.
NZ exporters of dairy, meat, wine, and kiwifruit receiving CAD revenue from Canadian buyers. Repatriating CAD receipts to NZD or hedging future shipments via forward contracts is standard practice for NZ agribusinesses serving the Canadian market.
New Zealanders migrating to Canada under skilled-worker programmes or family reunification — a smaller flow than the working-holiday corridor but meaningful. Large one-off transfers for savings, property sale proceeds, and relocation costs benefit from broker spreads.
New Zealanders and Canadians returning home after working-holiday stays converting accumulated savings back to home currency. The aggregate volume of these transfers makes broker access valuable across thousands of returnees per year.
You can convert New Zealand dollars to Canadian dollars through your bank, through a transfer app, or through a broker. NZD/CAD is less liquid than the major commodity currency crosses, which means bank markups can be wider — making broker access particularly valuable.
Everything clients typically ask about sending New Zealand dollars to Canadian dollars. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but the chart above puts today's rate in context. NZD/CAD is moderately stable because both currencies are commodity-linked. Divergence comes from oil-vs-dairy price moves and US-vs-China economic momentum. Rate alerts let you set a target and wait passively.
NZ and Canadian banks typically mark up NZD/CAD by 2–4% for retail customers — often more than for the larger majors because NZD is less liquid. SummitFX spreads are 0.6–1.0% depending on size. On a NZ$500,000 Canadian property purchase that's a saving of NZ$10,000–NZ$20,000 in your favour.
If your NZD arrives with us by 11:00 UK time on a UK business day, we settle the CAD the same day. SWIFT delivery to Canadian recipient banks typically takes a few hours. Send your NZD wire in the NZ morning to give the best chance of same-day Canadian settlement.
Yes. Canadian conveyancing typically runs 4-8 weeks during which NZD/CAD can move 2–4% against you. A forward contract fixes today's rate for delivery on completion day. You pay a deposit (5–10% of the trade) upfront and settle the balance at completion.
No hard minimum — we handle trades from NZ$500 to NZ$5m+. Below around NZ$5,000 the spread widens slightly to cover fixed execution costs. For working-holiday participants and recurring smaller payments, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise 0.7–1.0%, SummitFX 0.6–1.0% — with our clients also getting a named dealer and WhatsApp access.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which entered into force in 2018 between Canada and New Zealand, has eliminated tariffs on most bilateral trade and expanded services market access. It has supported steady growth in NZ-Canada commercial flow, particularly NZ dairy, meat, and wine exports receiving CAD revenue. Most NZ-Canada B2B trade now flows under CPTPP preferential terms.
Your rate is locked the moment you reply CONFIRM on a quote. Even if RBNZ/BoC policy divergence or commodity moves hit before your NZD wire reaches us, the rate you receive stays exactly as booked. NZD's thinner market liquidity can amplify moves; locking in advance is particularly valuable for this corridor.
Message us on WhatsApp and we'll have a live executable rate back in seconds.