WorldTimeFX

NZD to INR Converter

New Zealand Dollar to Indian Rupee

New Zealand Dollar to Indian Rupee (NZD/INR)

This page converts the New Zealand Dollar (NZD) used in New Zealand into the Indian Rupee (INR) used in India. The current rate loads in your browser; type any amount into the converter above to see its value.

What moves the NZD/INR rate

The New Zealand Dollar is mainly influenced by Reserve Bank of New Zealand policy and dairy and agricultural export prices. The Indian Rupee is mainly influenced by Reserve Bank of India policy and intervention, India's oil import bill and foreign investment flows. When these forces push the two currencies in different directions, the NZD/INR rate moves; when they move together, the rate tends to stay steadier.

How this rate is calculated

Rates are fetched from Frankfurter, which publishes the European Central Bank's daily reference rates (updated once per working day), and from ExchangeRate-API for currencies the ECB does not cover. All rates are stored against the euro, so the NZD/INR figure is a cross rate: the euro value of INR divided by the euro value of NZD. These are indicative mid-market reference rates and may differ from the rates offered by banks, card issuers and payment providers.

Frequently asked questions

How do I convert NZD to INR?

Enter an amount in New Zealand Dollar and the converter multiplies it by the latest daily NZD/INR reference rate to show the value in Indian Rupee. To go the other way, INR to NZD, divide by the same rate or use the swap button.

Where does the NZD to INR rate come from?

Rates come from Frankfurter, which republishes daily European Central Bank reference rates, with ExchangeRate-API filling in currencies the ECB does not publish. They are cached in your browser for up to an hour.

Is this the NZD to INR rate my bank will give me?

No. These are mid-market, indicative rates. Banks, card providers and transfer services usually add a margin or fee, so the Indian Rupee you actually receive is typically a little lower.

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