Send money overseas at competitive rates and low or no fees at all.
Lock in an exchange rate for a future settlement date.
Nominate a desired exchange rate and let us monitor the market for you.
Regular overseas payments with no transfer or establishment fees.
Integrated and tailored solutions for your business.
Free online currency conversion for over 50 currencies.
Compare up to five pairs of currency exchange rates. Get free charts, news and commentary.
Check out seasonal patterns, long term charts, raw data, period average exchange rates and much more.
Check rates and convert currencies on the go with our free mobile apps for iPhone and Android.
Check our exchange rates for customers.
Spot exchange rates and charts for major currency pairs.
Get daily, in-depth currency analysis from our senior dealers.
Weekly currency news recap and outlook on the week ahead.
Market analysis brought to you by our expert dealers.
Real-time economic calendar with upcoming events and data releases that can influence currency markets
Fundamental and technical outlook on major currency pairs for the month.
Whether emigrating, buying a holiday home or purchasing goods from overseas, you can make significant savings on your transactions.
Whenever you make a purchase or sale which involves a foreign currency, save money through better exchange rates and low (or often no) fees.
Learn about the basics of foreign exchange and understand fundamental terms and connections.
Learn more financial terms with this extensive glossary. From American Option to Yield Curve, we make complex terms easy to understand.
Key terms and acronyms
Watch this short video and see how easy it is to send money overseas.
Save money with competitive exchange rates and pay low or no fees at all. Benefit from our personal service and 24 hours a day / 5 days per week support.
Secure online platform using minimum 2048 bit SSL certificates to encrypt traffic and Thawte online security and protection.
Transfer funds in over 50 currencies, from AED to ZAR. Check our supported currencies list for the currency you need.
Save money with NZForex and pay a low flat fee per transaction or no fee at all.
NZForex is registered as a financial service provider on the Financial Service Providers Register.
Guide on how long your funds will take to arrive when using NZForex.
Since its launch in 2003, NZForex has grown to be one of the world’s largest online foreign exchange companies.
We are an innovative and dynamic business that offers unique opportunities to the right people.
Add a profitable revenue stream to your website or business by partnering with us. Thousands of websites are already doing it.
Have your questions answered in our FAQ section.
Detailed info about our regulatory and legal environment.
Contact us 24 hours a day, 5 days a week.
Visit our Media Centre to read published articles and press releases.
What our customers have to say about us.
You'll both get a US$15 Amazon Gift Card when your friend completes their first money transfer with NZForex.
Currency options can be used to trade foreign exchange speculatively as well as to hedge against foreign exchange risks.
Currency options offer some unique features to the foreign exchange trader interested in speculating on future forex rates. By purchasing an option, a trader will know that their downside on the position is limited to the premium they invest upfront. This sounds great, and it is often used strategically to take advantage of anticipated substantial long-term market moves.
Nevertheless, you should also know that the probability of make a profit by purchasing an option will depend significantly upon where the option’s strike price is set at. If the AUD/USD spot exchange rate is at 0.9000 and a trader buys a one month 1.0000 strike AUD call/USD put option, the premium to enter the trade will be small, but the probability of the trader losing it all is actually very high.
On the other hand, traders who sell options receive premium, but they are also exposed to unlimited losses if the market moves against their position and they do not close out the position or otherwise act to stop their losses.
Some traders prefer to buy and sell put or call spreads so that their premium is lower, profits are capped, and their downside risk is known in advance.
Currency options offer some very interesting features for hedging foreign exchange exposures, especially those that have some degree of uncertainty involved, and this is one of the best-accepted uses of options by the corporate treasury. A wide variety of different types of options and option hedging strategies exist to match the full spectrum of risks that companies and fund managers regularly inherit as part of their international trade and investment activities.
For example, a corporation might purchase currency options to protect against a future forex exposure that is uncertain in terms of its size. While this will have an upfront premium cost, the downside is limited and profits may result if the market favours the combination of the purchased option and the resulting currency exposure.
Another company might have a certain exposure combined with a desire to participate in a range of exchange rate movements while at the same time protecting a base rate. They might execute a “range forward” hedge that would involve purchasing a protective option to protect their downside risk and simultaneously selling a covered option to cap their upside potential. This strategy can often be done at no upfront cost, and gives the company a comfortable range of participation.
Send money overseas at better rates than the banks.
Internet Explorer 10
You are using Internet Explorer 10 and you are going to be redirected to a page that does not support Internet Explorer 10.
You will need to change you browser's compatibility mode as per the following link.