Best recommended: Wise
Of the 6 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 65.2% of India to New Zealand searches, and was the top rated company supporting INR to NZD transfers.
Make your India to New Zealand transfer using Wise for the best mix of cost and speed.
How to get the best deal on sending money from India to New Zealand
What to consider ahead of money transfers from India to New Zealand
Comparing based on your specific needs is the best way to send money from India to New Zealand with confidence.
Our analysis, and search results, include 6 providers that operate between India and New Zealand. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to New Zealand.
Cheapest way to transfer money from India to New Zealand: TorFx
Our data shows TorFx is 0.5% cheaper than the second-best option. The company offers an average fee of 0* INR and an average exchange rate between INR and NZD that is 0.22% different to the mid-market rate.
For a cheap way to send INR to New Zealand, TorFx is a great all round choice.
*The most common fee applied to INR-NZD by TorFx, based on data from the past six months.
Fastest way to send money from India to New Zealand: Ria Money Transfer.
Data from the last six months shows Ria Money Transfer to be the quickest way to send money from India to New Zealand Dollar in 45.2% of searches. For fast transfers between INR and NZD, Ria Money Transfer comes highly recommended.
Using Ria Money Transfer for fast transfers from India to New Zealand has an average fee of 4 INR.
Within our comparison we looked at the 6 money transfer providers offering transfers from India to New Zealand. Within this we looked at overall speed of sending money from India to New Zealand after depositing Indian Rupee to a money transfer account.
When faster money transfers are a priority, Ria Money Transfer is our recommended choice for sending into New Zealand from India.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 6 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from New Zealand Dollar to New Zealand Dollar.
As such, opt for Wise for sending large sums of money to New Zealand from India.
Understanding the costs involved when transferring money from India to New Zealand
When calculating the costs of money transfers between India and New Zealand, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the INR-NZD mid-market rate equals 0.0201 NZD per Indian Rupee.
For reference, the INR-NZD average mid-market rate for the past three months has been 0.0196 NZD per Indian Rupee, with a high of 0.0203 and a low of 0.0191.
The company offering the best exchange rate is Wise.
Often the INR-NZD exchange rate you receive is the bigger factor than how much it costs to send Indian Rupees to New Zealand.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is TorFx, averaging 0 INR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in New Zealand Dollar is the biggest indicator the total cost of sending money from India to New Zealand. Essentially, the more the recipient receives in New Zealand, the less it is costing to send from India.
Getting the best exchange rate for Indian Rupee to New Zealand Dollar
Tracking the mid-market rate can make a huge difference when sending money INR to NZD. The exchange rate you secure impacts how much NZD you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to NZD has seen some fluctuation. On average, it has been 0.0196.
During this period, the highest value level was 0.0203, with a low of 0.0191.
Wise, which is our recommended service to send money online from India to New Zealand offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your India to New Zealand transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between New Zealand and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to New Zealand.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to NZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.