Compare today's NZD to VND (New Zealand Dollar to Vietnamese Dong) exchange rates
📈 New Zealand to Vietnam Money Transfer Snapshot Today
- Best NZD to VND exchange rate today: VND 15,600.1300, offered by Remitly
- Number of money transfer providers compared: 10
- Exchange rate range: VND 14,848.8020 to VND 15,600.1300
- Potential savings on NZD 1000: VND 751,328.00
- Number of deals and promo codes: 4
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real NZD to VND exchange rate before providers add their margin or fees. exchange rate: 1 NZD = VND 15,521.4183 (Updated about an hour ago)
See detailed New Zealand to Vietnam money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 Special exchange rate applied for first transfer
📢 Special exchange rate applied for first transfer
📢 New! Cash pickup available
📢 B2B transfers only
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's NZD-VND exchange rates mean for you
Compare today's NZD-VND exchange rates and send money from New Zealand to Vietnam after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 10 providers that you can rely on for New Zealand to Vietnam money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive New Zealand to Vietnam Providers
🥇 Remitly with 1 NZD = 15,600.1300 VND (best NZD to VND exchange rate today).
🥈 Panda Remit offering 1 NZD = 15,592.9052 VND.
The exchange rate provided by these 10 providers ranges from VND 14,848.8020 to VND 15,600.1300. For a NZD 1000 money transfer from New Zealand to Vietnam, that could mean up to VND 751,328.00 saved on FX alone.
NZD-VND exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final VND payout that your recipient gets in Vietnam.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your New Zealand to Vietnam remittances.
🔄 Looking for the reverse corridor? Send money from Vietnam to New Zealand instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from New Zealand.
👇 We also suggest looking beyond today's NZD-VND exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst NZD-VND exchange rate is crucial, historical data shows that transfer fees, NZD amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze New Zealand to Vietnam historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your VND payout.
Data-driven cost insights for New Zealand to Vietnam money transfers
When you send money internationally from New Zealand to Vietnam, the key factors that will influence the overall cost of your transaction are:
- NZD-VND exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum VND payout for your overseas recipient in Vietnam.
Another counter-balancing aspect is money transfer speed. If you need to rush money from New Zealand to Vietnam, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for New Zealand to Vietnam money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 713 actual New Zealand to Vietnam money transfers handled by 13 providers over the last 5 years (for a NZD 260 remittance benchmark).
This data-driven approach using real NZD-VND transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for New Zealand to Vietnam money transfers
- Average total cost: 7.13% (range -0.21% to 23.18%, spread 23.39 percentage points)
- Potential payout difference: On a NZD 260 transfer, the above variation can save you up to NZD 60.81.
- Average FX markup: 2.90% (range -1.97%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 7.75%, spread 9.72 percentage points) - Average transfer fee: NZD 11.01 (range NZD 0.00 to NZD 55.00)
- Cheapest payment/delivery method combo: Bank Account Transfer → Mobile Wallet (3.23% avg cost); most expensive is Bank Account Transfer → Bank Deposit (8.88%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 5.65% (NZD 14.69 on NZD 260 transfer).
- Market coverage: ~13 providers on average (competition level: competitive)
- Average speed: About 31 hours (~1.3 days)
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your New Zealand to Vietnam money transfers.
📈 NZD to VND exchange rate is often the biggest driver of both cost and payout
The exchange rate on your New Zealand to Vietnam money transfers is usually the single biggest factor that will determine your overall NZD cost and your recipient's VND payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a NZD 260 money transfer benchmark, we see the following FX markup ranges for New Zealand Dollar to Vietnam transfers:
- Average markup: 2.90%
- Median markup: 2.41%
- Lowest markup: -1.97%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 7.75%
That is a spread of 9.72 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a NZD 260 transfer, the above markup range is equivalent to roughly VND 25.27 purely from differences in the exchange rate. That incremental saving increases to VND 63.18 for a NZD 650 transfer.
🛠️ How to use this insight: When comparing providers for New Zealand to Vietnam remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
NZD to VND exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total New Zealand to Vietnam remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your New Zealand Dollar reaches your recipient in Vietnam.
Based on data from last 5 years, we notice the below about New Zealand Dollar to Vietnam money transfer fees:
- Average fee: NZD 11.01
- Median fee: NZD 6.52
- Lowest fee: NZD 0.00
- Highest fee: NZD 55.00
The average fee amount of NZD 11.01 noted above represents 4.23% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by NZD 55.00.
🛠️ How to use this insight: For your next money transfer from New Zealand to Vietnamese Dong, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for NZD-VND remittances
Based on our detailed analysis of historical New Zealand to Vietnam data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Vietnam from New Zealand:
- Debit Card: 5.73%
- Credit Card: 6.56%
- Cash: 7.04%
- Bank Account Transfer: 7.97%
That is a total spread of 2.24 percentage points.
This means that on a NZD 260 transfer, you could save up to NZD 5.82 simply by choosing the best priced payment method.
These savings will only multiply for higher NZD amounts.
Here is the average cost of popular delivery methods used to send money from New Zealand to Vietnam:
- Mobile Wallet: 4.38%
- Cash Pickup: 6.55%
- Bank Deposit: 8.02%
The cost difference between the above delivery methods is 3.64 percentage points.
Once again, this means that you could save up to NZD 9.45 on a NZD 260 transfer to Vietnam by choosing Mobile Wallet versus Bank Deposit.
As you can imagine, the possible combinations of New Zealand payment methods and Vietnam delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for New Zealand to VND money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Bank Account Transfer | Mobile Wallet | 3.23 |
| Bank Account Transfer | Cash Pickup | 4.36 |
| Cash | Bank Deposit | 4.51 |
| Debit Card | Bank Deposit | 5.11 |
| Debit Card | Mobile Wallet | 5.22 |
| Credit Card | Mobile Wallet | 5.25 |
| Credit Card | Bank Deposit | 6.01 |
| Debit Card | Cash Pickup | 6.07 |
| Credit Card | Cash Pickup | 6.97 |
| Cash | Cash Pickup | 7.49 |
| Bank Account Transfer | Bank Deposit | 8.88 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these NZD-VND payment and delivery options is significant. Here are some observations:
- Bank Account Transfer → Mobile Wallet has the lowest average cost at 3.23%.
- Bank Account Transfer → Bank Deposit has the highest average cost at 8.88%.
- Bank Account Transfer → Mobile Wallet average cost is 5.65 percentage points lower than that of Bank Account Transfer → Bank Deposit.
- This means that on a NZD 260 money transfer, you could save up to NZD 23.09 simply by choosing the best payment and delivery method combo.
- Further, on a NZD 650 money transfer, the savings increase to NZD 57.72.
Here is a quick summary of the average historical cost of various payment and delivery methods for NZD to Vietnam money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Debit Card averaged 5.73%, compared to 7.97% for Bank Account Transfer, a difference of 2.24 percentage points.
- Cheapest delivery method: Mobile Wallet averaged 4.38%, compared to 8.02% for Bank Deposit (3.64 percentage points higher).
- Cheapest combo: Bank Account Transfer → Mobile Wallet averaged 3.23%, which is 5.65 percentage points lower than Bank Account Transfer → Bank Deposit (8.88%).
🛠️ How to use this insight: As you compare money transfer providers for your next New Zealand to Vietnam international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your New Zealand to Vietnam remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for NZD-VND remittances?
When we compared New Zealand banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
We observed that traditional banks charged 4.40 percentage points more on average than money transfer providers for New Zealand to Vietnam remittances.
This means banks tend to be approximately 1.70x more expensive than money transfer companies.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | NZD 23.19 | NZD 8.27 | NZD 14.92 |
| Exchange rate markup | 1.80% | 3.15% | -1.34 pp* |
| Average total cost (%) | 10.72% | 6.32% | 4.40 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Whilst banks in New Zealand may offer convenience and familiarity, money transfer providers often deliver lower overall cost due to their better exchange rates and lower fees. Even if you want to send money overseas with your bank in New Zealand, we recommend comparing with money transfer companies to find your best options.
📊 Does sending more money reduce the cost of NZD-VND money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending NZD 260 vs NZD 650 from New Zealand to Vietnam.
We found that sending a higher amount (NZD 650) tends to be cheaper - average cost drops from 7.13% to 4.83%, a reduction of 2.30 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher New Zealand Dollar amounts to Vietnam, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the New Zealand to Vietnam remittance market?
Based on data from the last 5 years, NZD-VND money transfers are provided on an average by 13 remittance companies. With around 13 providers serving this market, we consider the level of competition to be competitive.
Banks and money transfer providers have had a fairly balanced presence in this corridor: banks account for 46.2% of providers (6 out of 13).
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your New Zealand to Vietnam remittances.
⏱️ How fast are NZD-VND money transfers?
If your recipient in Vietnam needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for New Zealand to Vietnam transfers when it comes to processing time:
- Average transfer time: About 31 hours (~1.3 days).
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 144 hours (~6.0 days).
- Average speed at NZD 260: About 31 hours (~1.3 days).
- Average speed at NZD 650: About 31 hours (~1.3 days).
Banks vs money transfer providers speed comparison: Banks take 47 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from New Zealand to Vietnam in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Vietnam.
New Zealand to Vietnam transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about New Zealand to Vietnam money transfers
These FAQs use data from RemitFinder's historical analysis of New Zealand to Vietnam money transfers over several years.
What factors affect the total cost of sending money from New Zealand to Vietnam?
The total cost of your NZD-VND money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect New Zealand to Vietnam transfers?
Historical NZD to VND exchange rate markup ranges from -1.97% to 7.75%, a spread of 9.72 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can NZD-VND exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative NZD-VND exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for New Zealand to Vietnam transfers?
Exchange rate markup ranges from -1.97% to 7.75% (a spread of 9.72 percentage points).
Transfer fees range from NZD 0.00 to NZD 55.00, which equals roughly 21.15% on a NZD 260.00 transfer.
At NZD 260.00, the larger driver of overall cost is the transfer fee, whilst at NZD 650.00, it shifts toward exchange rate markup.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for New Zealand to Vietnam transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger NZD amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most VND for your NZD.
How much can New Zealand to Vietnam transfer costs vary between providers?
Historical transfer cost ranges from -0.21% to 23.18% for NZD transfers to Vietnam. That is a spread of 23.39 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -1.97% to 7.75% (a spread of 9.72 percentage points). Thus, even small differences in FX margin can have a big impact on the final VND payout.
Why do various money transfer providers price NZD to Vietnam transfers differently?
If you send the same New Zealand Dollar amount to Vietnam via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final VND payout in Vietnam in a big way.
How stable are transfer costs in the New Zealand to Vietnam corridor?
When we analyzed the historical total cost for NZD-VND transfers, we observed a range from -0.21% to 23.18% (23.39 percentage points difference), along with a variability (standard deviation) of 3.74%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -1.97% to 7.75% (9.72 percentage points difference), with a standard deviation of 1.80%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your NZD-VND transfers.
Which payment method is cheapest for New Zealand to Vietnam remittances?
Debit Card is the cheapest payment method in New Zealand based on its average cost at 5.73% (compared to Bank Account Transfer at 7.97%, a difference of 2.24 percentage points).
Based on this, we recommend paying for your NZD transfer with Debit Card, and avoiding Bank Account Transfer if possible.
Is Debit Card cheaper than Credit Card for New Zealand to Vietnam transfers?
Debit Card is cheaper on average when sending money to Vietnam from New Zealand since it costs 5.73% (compared to 6.56% for Credit Card payments, a difference of 0.83 percentage points).
As a result, we recommend that you avoid paying for your transfer to Vietnam with a Credit Card.
Which delivery method is cheapest for NZD-VND money transfers?
Mobile Wallet is the cheapest delivery method in Vietnam as it costs 4.38% (compared to Bank Deposit at 8.02%, a spread of 3.64 percentage points).
If your recipient in Vietnam can accept Mobile Wallet, we recommend choosing it as your preferred delivery option for NZD-VND transfers.
Is Bank Deposit cheaper than Cash Pickup for New Zealand to Vietnam transfers?
Cash Pickup is cheaper for transfers to Vietnam given its 8.02% average cost (versus 6.55% for Cash Pickup, a difference of 1.47 percentage points).
To save more, consider choosing the cheapest delivery option for Vietnam.
What is the cheapest way to send money from New Zealand to Vietnam?
We evaluated 11 payment and delivery method combinations for New Zealand to Vietnam remittances.
Based on historical data, Bank Account Transfer → Mobile Wallet is the cheapest combination with 3.23% cost.
At the other end of the spectrum, Bank Account Transfer → Bank Deposit is the most expensive combination at 8.88% cost. That is a difference of 5.65 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for New Zealand to Vietnam remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your NZD-VND transfers.
Does sending more money reduce the cost for New Zealand to Vietnam transfers?
Larger NZD-VND transfers are cheaper on average.
The cost of a NZD 260 transfer averages 7.13% as compared to 4.83% for a NZD 650 transfer, a difference of 2.30 percentage points.
How long does it take to send money from New Zealand to Vietnam?
Based on our analysis, the average transfer time for NZD-VND transfers is 31 hours (~1.3 days), with the fastest transfers completing in less than one hour and the slowest in 144 hours (~6.0 days).
Are instant transfers available from New Zealand to Vietnam?
Yes, historical data shows that some transfers to Vietnam from New Zealand can complete in less than one hour.
Note that the actual speed of your NZD-VND transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for New Zealand to Vietnam?
Banks in New Zealand are more expensive than money transfer providers.
The average cost of banks is 10.72% compared to 6.32% for money transfer providers in New Zealand, a difference of 4.40 percentage points.
Why do banks charge more for New Zealand to Vietnam transfers?
Bank transfers in New Zealand cost 10.72% compared to 6.32% for money transfer companies.
The difference is often due to the fact that banks in New Zealand provider lower exchange rates and charge high wire transfer fees.
How competitive is the New Zealand to Vietnam remittance market?
Based on historical data, the competition level in New Zealand to Vietnam is considered competitive with 13 active providers.
Money transfer providers represent about 53.8% of identified providers in New Zealand.
Do I risk overpaying if I do not compare providers for New Zealand to Vietnam?
Historically, total NZD-VND transfer cost has varied by 23.39 percentage points. On a NZD 260 transfer, that can translate to NZD 60.81 in savings.
NZD-VND exchange rate markup also varies across providers. The average markup spread has been about 9.72 percentage points. On a NZD 260 transfer, that could be NZD 25.27 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about NZD 55.00 across providers.
That is why comparing providers can materially change how much of the NZD you send does your recipient receive in Vietnam in Vietnam.
Latest NZD to VND Conversion Rates
Here are some latest NZD to VND (New Zealand Dollar to Vietnamese Dong) exchange rates for popular conversion amounts*.
| 1 NZD | 15,521.42 VND |
| 5 NZD | 77,607.09 VND |
| 10 NZD | 155,214.18 VND |
| 25 NZD | 388,035.46 VND |
| 50 NZD | 776,070.91 VND |
| 100 NZD | 1,552,141.83 VND |
| 150 NZD | 2,328,212.75 VND |
| 200 NZD | 3,104,283.66 VND |
| 250 NZD | 3,880,354.57 VND |
| 300 NZD | 4,656,425.49 VND |
| 400 NZD | 6,208,567.32 VND |
| 500 NZD | 7,760,709.15 VND |
| 600 NZD | 9,312,850.98 VND |
| 700 NZD | 10,864,992.81 VND |
| 800 NZD | 12,417,134.64 VND |
| 1000 NZD | 15,521,418.30 VND |
| 1500 NZD | 23,282,127.45 VND |
| 2000 NZD | 31,042,836.60 VND |
| 2500 NZD | 38,803,545.75 VND |
| 3000 NZD | 46,564,254.90 VND |
| 4000 NZD | 62,085,673.20 VND |
| 5000 NZD | 77,607,091.50 VND |
| 10000 NZD | 155,214,183.00 VND |
| 15000 NZD | 232,821,274.50 VND |
| 20000 NZD | 310,428,366.00 VND |
| 30000 NZD | 465,642,549.00 VND |
| 40000 NZD | 620,856,732.00 VND |
| 50000 NZD | 776,070,915.00 VND |
| 100000 NZD | 1,552,141,830.00 VND |
*Based on the Mid-market Exchange Rate
1 Based on 713 pricing observations across 13 firms over the last 5 years for a NZD 260 money transfer from New Zealand to Vietnam. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the New Zealand to Vietnam remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.