1,000 Mexican Pesos =
97.34 New Zealand Dollars
today's official exchange rate from the European Central Bank.
| MXN | NZD |
|---|---|
| 1 MXN | 0.0973 NZD |
| 5 MXN | 0.4867 NZD |
| 10 MXN | 0.9734 NZD |
| 25 MXN | 2.4335 NZD |
| 50 MXN | 4.867 NZD |
| 100 MXN | 9.734 NZD |
| 500 MXN | 48.67 NZD |
| 1,000 MXN | 97.34 NZD |
| 5,000 MXN | 486.7 NZD |
| 10,000 MXN | 973.4 NZD |
The Mexican Peso (symbol: Mex$; code: MXN) is the official currency of Mexico, issued by the Bank of Mexico. Each peso is divided into 100 centavos. The most actively traded currency in Latin America, the Mexican peso is closely linked to the U.S. economy through cross-border trade and substantial remittances from the United States.
The New Zealand Dollar (symbol: NZ$; code: NZD) is the official currency of New Zealand, issued by the Reserve Bank of New Zealand. Each dollar is divided into 100 cents. Often called the "Kiwi" after the native bird featured on the one-dollar coin, the New Zealand dollar is a commodity currency with its value linked to dairy and agricultural exports.
This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes — they are not commercial rates at which currencies can actually be bought or sold.
No. The ECB reference rate is a benchmark used by economists, regulators, and accountants — not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.
The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays — during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.
Exchange rates fluctuate based on many factors, including interest rate decisions by the Bank of Mexico and the Reserve Bank of New Zealand, inflation differences between Mexico and New Zealand, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.
Yes. We support 15 major currencies for conversion: USD, EUR, GBP, JPY, CHF, CAD, AUD, CNY, INR, MXN, BRL, KRW, SGD, NZD, and SEK. Use the swap button above to flip the direction of this conversion, or open any other supported currency pair directly.