NZD to Euro Exchange Rate

A history of European currency

Did you know the euro (EUR) was only introduced in 2002? It’s now one of the most widely used currencies in the world and a key player in global exchange markets alongside the US dollar.

European Countries and the Euro

Before the euro

Before the euro, countries had their own currencies — like the French franc, Italian lira, and Spanish peseta. The introduction of the euro simplified travel and trade across Europe, eliminating the need to constantly convert money between nations.

Ever wondered about the euro symbol (€)? It's inspired by the Greek letter epsilon (Є), a nod to Europe's historical roots in ancient Greece. The two parallel lines represent stability — a key value behind the shared currency.

NZD to EUR exchange rate history

The NZD to EUR exchange rate has seen its share of ups and downs over the years — shaped by global events, economic shifts, and changing travel demand.

Since the euro’s introduction in 2002, 1 New Zealand dollar has typically converted to anywhere between 0.43 and 0.71 euros, while the reverse — converting euros to New Zealand dollars — has ranged from around 1.40 NZD to over 2.30 NZD, depending on the year.

For example:

• In 2015, the rate hit a high of around 0.71 EUR per NZD — a win for Kiwi travellers.
• By 2017, it was back down near 0.57 EUR, before recovering again in 2018.

Over the past few years, NZD to euro rates have mostly hovered between 0.55 and 0.60 EUR — while the EUR to NZD rate sat around 1.65–1.80 NZD.¹

^Sources:

^{1. https://www.xe.com/currencycharts/?from=NZD&to=EUR&view=5Y}

^{*Historical exchange rate figures are approximate and based on publicly available market data.}