The New Zealand Dollar buy back rates below were last updated 17 minutes ago
The New Zealand Dollar buy back rate can be very volatile so it is worth exchanging left over currency back into Pounds as soon as the rate is good enough. The best New Zealand Dollar buy back rates are always offered by the specialist online currency brokers and the worst rates are offered by the banks. Online brokers are able to offer better rates because the overheads of trading currency over the internet are much lower compared to traditional high street brokers and they pass these savings directly on to you in form of better exchange rates.
You should also be way of some suppliers such as the Post Office who offer a buy back guarantee when you order your currency in the first place. These deals tend to lock you in to uncompetitive buy back rates and may also charge a fee for the privilege of selling back to them. Get a better deal by shopping around – use our unique comparison table above to find the best New Zealand Dollar buy back rates and see how much you could save by selling your currency back online.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the New Zealand Dollar buy back rate has improved by 2.10% from last Friday's rate of 1.908 to today's rate of 1.8680 which means $250 is worth £2.81 more today than it did a week ago. During this period the worst time to sell was on Saturday at 1.9089 and the best time to sell was on Wednesday at 1.8659.
The 90 day outlook has seen the New Zealand Dollar buy back rate worsen by 5.72% from 1.767 on 26th February 2017 to 1.8680 today. Based on these figures, $250 is worth £$7.65 less today than it did three months ago. The worst buy back rate we recorded was 1.912 on 28th April 2017 and the best buy back rate we recorded was 1.755 on 1st March 2017.
Posted by Matthew Weston on 18th May 2017
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