NZD
ECB reference rate of 2026-11-11. Banks and brokers apply their own rates and fees.
New Zealand dollar and the official rate
The rates card on this page shows official data from State Bank of Pakistan (SBP): the mark-to-market "ready" rate for the New Zealand dollar (NZD) and other currencies, in Pakistani rupees (PKR) per unit, with the SBP date and a link to the SBP page. The converter at the top of the page is separate. It works on European Central Bank (ECB) euro reference rates between the currencies the ECB covers, such as NZD and the US dollar (USD), and does not include PKR. For rupee amounts, use the rates card.
A reference rate is a rate published once per business day by an official body. It is used for statistics, accounting and comparison. It is not a price at which a bank or exchange office will buy or sell currency to you. The rates on the card are SBP's mark-to-market rates, issued every working day for authorised dealers to revalue their books. The US dollar mark-to-market rate is a weighted average of closing interbank rates collected through brokerage houses; the other currencies come from the same SBP file.
On weekends and public holidays no new fixing is published. On those days the card shows the last working day's SBP rate and its date. This is normal: the card refreshes by itself when SBP publishes a new rate.
Fill in the empty fields to see the result.
| Indicator | Rate | Date |
|---|---|---|
| SBP weighted average customer rate, USD bid | 276.31 PKR | 11/11/2026 |
| SBP weighted average customer rate, USD offer | 276.76 PKR | 11/11/2026 |
| Currency | Official rate (PKR) |
|---|---|
| USD | 276.62 |
| EUR | 308.28 |
| GBP | 368.52 |
| SAR | 73.7058 |
| AED | 75.3111 |
| CNY | 41.4715 |
| JPY | 1.7407 |
| CAD | 194.55 |
| AUD | 190.07 |
| KWD | 897.39 |
| QAR | 75.8907 |
| OMR | 718.47 |
| BHD | 733.45 |
| MYR | 67.8659 |
| CHF | 333.98 |
| ARS | 0.179 |
| BDT | 2.213 |
| BRL | 49.544 |
| CNH | 41.4778 |
| DKK | 41.24 |
| HKD | 35.2579 |
| 100 IDR | 1.52 |
| INR | 2.9512 |
| KRW | 0.2071 |
| KZT | 0.6207 |
| LKR | 0.8326 |
| MXN | 14.8748 |
| NOK | 29.0328 |
| NZD | 154.8 |
| RUB | 3.3412 |
| SEK | 27.9452 |
| SGD | 215.71 |
| THB | 8.223 |
| TRY | 5.5068 |
| ZAR | 16.7217 |
Source: State Bank of Pakistan, exchange rates for mark-to-market revaluation (ready), 11/11/2026.
Official reference rates for comparison and calculations. Banks, exchange offices and brokers apply their own buying and selling rates and fees. The table refreshes automatically when the source publishes new rates.
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How to convert NZD to PKR
- NZD to PKR: in the rates card's converter, enter the amount, choose NZD as "from" and PKR as "to". The table lists rupees per one unit of each currency, using SBP's mark-to-market rates.
- USD to PKR: the card also shows two indicator rows: SBP's weighted average customer exchange rate for the US dollar, bid and offer.
- PKR to NZD: in the same converter, choose PKR as "from" and NZD as "to". The converter at the top of the page has no PKR.
The 30-day trend line on the card shows how the US dollar, euro, pound, Saudi riyal, UAE dirham and Chinese yuan changed against PKR over recent days. It shows past data only and does not predict the next move.
Why bank and exchange-office rates differ
The rate you get at a bank, an exchange company or a money transfer service is usually worse than the reference rate. The main reasons:
- Buy and sell spread. Dealers quote a lower rate when they buy NZD from you and a higher rate when they sell NZD to you. The gap between them is their margin.
- Cash versus transfer. Cash notes cost more to handle and store, so cash rates are often wider than rates for bank transfers.
- Fees and charges. Some providers add a fixed fee or a percentage on top of the rate. Compare the total amount you receive, not only the quoted rate.
- Timing. The reference rate is fixed at a set time each day. Market rates move all day, so a dealer's quote can differ from the fixing.
- Cross rate. Few dealers in Pakistan quote NZD/PKR directly. The rate is usually built from NZD/USD and USD/PKR, and each step can add cost.
Before a payment, check the full quote with the provider, including fees. Banks and exchange offices quote their own buy and sell rates.
What moves the New Zealand dollar
Reserve Bank of New Zealand policy
The Reserve Bank of New Zealand (RBNZ) sets the Official Cash Rate (OCR), New Zealand's main policy interest rate. Higher rates or signals of tighter policy tend to support the NZD. Cuts or softer guidance tend to weaken it. Markets react to RBNZ statements and inflation and jobs data as much as to the decisions themselves.
Trade and commodity exports
New Zealand's economy relies on exports such as dairy products, meat, wood, fruit, tourism and international education. Changes in world dairy prices and in demand from major buyers, especially in Asia, often show up in the NZD.
Capital flows and risk sentiment
The NZD is often grouped with "risk-sensitive" currencies. When global investors are confident, money tends to flow into higher-yielding currencies like the NZD. When markets are nervous, investors often move into the US dollar and other safe-haven assets, and the NZD can fall.
The rupee side
The NZD/PKR rate depends on the rupee as well. Pakistan's interest rate, inflation, import bill, foreign reserves and USD/PKR movements all matter. The latest decision of the State Bank of Pakistan: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). For more on this, see SBP rates and economy and SBP exchange rates.
Links between Pakistan and New Zealand
- Students. Pakistani students in New Zealand pay tuition and living costs in NZD, so families follow this rate closely.
- Remittances. Pakistanis working in New Zealand send money home, and the rate affects how many rupees their families receive.
- Travel and visas. Visa fees, flights and travel costs are often priced in NZD.
- Trade. Pakistan and New Zealand trade goods, including food products, and importers watch NZD/PKR for their costs.
Trading NZD as a currency pair
Some traders trade NZD pairs such as NZD/USD as leveraged CFDs. Leverage magnifies gains and losses, and you can lose money quickly. In Pakistan, offshore forex and CFD trading also raises legal questions. Read Law and regulators and Currency pairs before going further.
Other rates: Australian dollar (AUD), US dollar (USD), all exchange rates.
Frequent questions
Is the rate on this page the rate my bank will give me?
No. The card shows the official SBP mark-to-market rate, which authorised dealers use to revalue their books. Banks, exchange companies and remittance apps quote their own buying and selling rates and may add fees. Ask your provider for the full quote.
Why has the rate not changed since Friday?
No official fixing is published on weekends and holidays. The card shows the last working day's SBP rate and its date until SBP publishes the next one.
Where does the rate come from?
The card shows State Bank of Pakistan (SBP) mark-to-market rates in rupees per unit, with the SBP date and a link to the SBP page. The separate converter at the top uses ECB euro reference rates and has no PKR.
Can I convert PKR to NZD as well?
Yes. The converter on the rates card includes PKR: choose PKR as "from" and NZD as "to". The converter at the top of the page uses ECB rates and has no PKR.
Does the trend line show where the NZD is heading?
No. It shows only past SBP rates. It is not a forecast.
