How to send money to New Zealand from Spain with the best EUR-NZD rate

Comparing the different providers offering services between Spain and New Zealand, is the best way to send money with confidence.

Right now, for EUR/NZD

• Wise is our top choice for EUR to NZD transfers. Transferring 7,000 EUR to NZD will cost you €33.32 in fees, and your recipient will get 13,985.96 NZD.

• Key Currency offers the cheapest combination of low fees and competitive exchange rates of the 15 providers we compared. They offer a fee of 0 EUR and exchange rate between EUR-NZD that is 0.25% different to the mid-market rate.

• Fastest money transfers from Spain to New Zealand is with Revolut. Based on our recent data, transfer time for a €7,000 transfer to New Zealand with Revolut is same day. This can vary by amount and method, but it is a good point of reference.

The 15 providers we've compared ensures you will get the best options for your transfer to New Zealand from Spain. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Euro to New Zealand.

The exchange rate determines how much New Zealand Dollar you will get for every Euro you want to send. A better exchange rate is the best way to save money on transfers from Spain to New Zealand.

Fees and exchange rates make up the total cost of sending money from New Zealand to New Zealand. Finding a company that can offer both ensures a good deal on your transfer.

• The Mid-Market and Exchange Rates: The current EUR-NZD mid-market rate is 2.0073 NZD per Euro. You will get more New Zealand Dollar for your Euros if you find a provider close to this number.

• Fees: Transfer fees are charged as part of the transfer. Key Currency charges 0 EUR per transfer, which is currently the best deal on transfers to New Zealand. We’d always recommend comparing providers for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount of New Zealand Dollar eventually received in New Zealand. You can assume that a lower cost of sending from Spain will result in more money received in New Zealand.

The current rate between the Euro and New Zealand Dollar is 2.0073.

With currencies, the exchange fluctuates constantly, and the EUR-NZD exchange rate is no different. Tracking the rate and understanding the averages can help get a better deal.

Even waiting a day or two can help you get more NZD for the same amount of Euro.

Beyond this, a forward contract allows you to lock in an agreed exchange rate between Spain and New Zealand.

The most cost effective way to send money from Spain to New Zealand is via a bank transfer. Key Currency is the company offering the best price for a bank transfer.

Here are all the ways to send money from Spain to New Zealand:

Bank transfers

Bank transfers are often the fastest option, and normally the cheapest, for sending money from Spain to New Zealand.

By opting for a money transfer company such as Key Currency for transfers from Spain to New Zealand, you can send money via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Using a debit card, or prepaid option, for sending money from Spain to New Zealand is easy with Wise.


Wise is a market leader in debit card payments for transfers from Spain to New Zealand, this is among a total of 15 money transfer companies compared.

Credit cards

When it comes to the credit card deposits, when sending money from Spain to New Zealand, we recommend comparing your options to get the best deal.

Regulations are important for keeping your money safe, Spain and New Zealand have different regulations to consider.

Our directory of worldwide financial regulators contains details on regulation for money transfers between Spain and New Zealand.

Some companies offering money transfers between Spain and New Zealand will come with minimum or maximum thresholds on how much you can send or receive and this could cause rates or fees to change.

Comparing EUR-NZD rates for your specific transfer amount will factor in these rates and fees changes, so you’ll get the best provider for your specific needs. For regular transfers from Spain to New Zealand, it’s best to check any changes in fees and rates every time you send.

For large transfers of money transfers from Spain to New Zealand we’d recommend Wise. They offer a competitive combination of rates and fees when sending from Spain to New Zealand, even at larger amounts.

Also, be sure to check with the recipient and understand any declarations needed on large amounts of money entering New Zealand from Spain.

Receiving New Zealand Dollar in New Zealand has a few different options. The most popular ways to receive are through a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all companies offering money transfers from Spain to New Zealand will cater for every method for incoming New Zealand Dollar, so it’s best to check ahead of time.

One of the more popular ways is sending money from Spain directly to a bank account in New Zealand. This is because it means the recipient in New Zealand has to do very little. Wise is the best company for bank transfers between Spain and New Zealand.

Whilst cash pickup is popular, it is not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp operate in New Zealand and are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When using a money transfer provider to send Euros to New Zealand, you will need to verify your ID at the sign up stage.

Documents needed will vary and in some cases you might need a couple of options.

Generally speaking, those in Spain can verify through a government issued ID such as a driver’s license or passport. If the recipient needs an ID to collect money or open a multi-currency account in New Zealand, both can also be used there as well.

Large transactions between Spain and New Zealand will be subject to additional security measures such as proving where the funds originated, these will be for anti-money laundering purposes.

Wise has scored highly for transfers to New Zealand because of the easy sign up process in Spain.

There will be tax declarations to consider when sending larger amounts of money between Spain and New Zealand.

Transfers into New Zealand Dollar may need to be reported to tax authorities in New Zealand as well, where regular income, large amounts (such as property or inheritance) and business payments will all be subject to tax checks.

Based on the recipient, tax limits in New Zealand, as well as personal allowances will change. When in doubt, we’d recommend contacting a tax professional in Spain or New Zealand to discuss your personal circumstances. This ensure you are not missing any specific tax declarations associated with your circumstances.