NZD to JPY Exchange Rate - Convert New Zealand Dollar to Japanese Yen

Converting from New Zealand Dollar (NZD) to Japanese Yen (JPY)

What is New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand, the Cook Islands, Niue, and Tokelau. It was introduced in 1967, replacing the New Zealand pound at a rate of two dollars for one pound. The NZD is often referred to by its symbol, $, or sometimes as NZ$ to distinguish it from other dollar-denominated currencies.

The NZD is notable for its colorful banknotes, which feature prominent New Zealanders and the country's unique natural scenery. The currency is issued by the Reserve Bank of New Zealand and operates under a fiat currency system, meaning its value is not backed by physical commodities like gold or silver but rather by the trust and stability of the government that issues it.

The NZD is subdivided into 100 cents, and it is widely used not only in New Zealand but also as a reserve currency in several countries. With its relatively stable economy and robust financial system, the NZD often attracts traders and investors looking to diversify their portfolios. Additionally, due to its ties to agricultural exports, the currency can be influenced by global commodity prices.

What is Japanese Yen (JPY)

The Japanese Yen (JPY) is the official currency of Japan and is one of the most traded currencies in the world. Symbolized by ¥, it was first introduced in 1871 as part of Japan's modernization efforts. The yen operates under a fiat currency system, like the NZD, and is issued by the Bank of Japan.

The yen's value is often considered a safe haven during turbulent economic times, prompting investors to buy it during global financial uncertainty. This demand can lead to fluctuations in its value against other currencies, including the NZD. The yen is divided into 100 sen, although sen is rarely used in everyday transactions today.

Japan's economy is one of the largest in the world, characterized by advanced technology, manufacturing, and exports. The strength of the yen can be impacted by various factors, including economic indicators, interest rates set by the Bank of Japan, and overall global market trends.

Converting NZD to JPY

When converting New Zealand Dollars (NZD) to Japanese Yen (JPY), it is essential to know the current exchange rate. This rate fluctuates based on the foreign exchange market, influenced by economic data, geopolitical events, and market sentiment.

To convert NZD to JPY, you can use the following formula:

JPY = NZD × Exchange Rate (NZD to JPY)

Understanding the exchange rate and the economic situations of both countries can help you make informed decisions when exchanging currency or engaging in international transactions. Always check a reliable financial news source or your bank for the most accurate and up-to-date rates.

New Zealand Dollar to Japanese Yen conversion table

NZD to JPY conversion table

New Zealand Dollar (NZD)Japanese Yen (JPY)
1 NZD86.78984658209 JPY
2 NZD173.57969316418 JPY
3 NZD260.36953974626 JPY
4 NZD347.15938632835 JPY
5 NZD433.94923291044 JPY
6 NZD520.73907949253 JPY
7 NZD607.52892607462 JPY
8 NZD694.3187726567 JPY
9 NZD781.10861923879 JPY
10 NZD867.89846582088 JPY
100 NZD8 678.9846582088 JPY
200 NZD17 357.9693164176 JPY
300 NZD26 036.9539746264 JPY
400 NZD34 715.9386328352 JPY
500 NZD43 394.92329104399 JPY
600 NZD52 073.90794925279 JPY
700 NZD60 752.89260746159 JPY
800 NZD69 431.87726567039 JPY
900 NZD78 110.86192387919 JPY
1 000 NZD86 789.84658208799 JPY
2 000 NZD173 579.69316417598 JPY
5 000 NZD433 949.23291043994 JPY
10 000 NZD867 898.46582087988 JPY
20 000 NZD1 735 796.93164175977 JPY
50 000 NZD4 339 492.32910439941 JPY
100 000 NZD8 678 984.65820879883 JPY
Last updated March 19, 2025 at 04:55 PM