NZD to PHP today: New Zealand dollar to Philippine peso
1 New Zealand dollar = ₱35.1891, and ₱1,000 buys 28.42 NZD. On a typical 260 NZD transfer from New Zealand (₱9,149 today), the cheapest firm in the World Bank's Q3 2025 survey keeps ₱31.11 and the dearest ₱911.26. Against 2 Oct 2025, when it was ₱33.8660, 1,000 NZD brings ₱1,323.08 more (1,000 × ₱1.3231). Next: pick a firm from the cost table, then collect at a BSP-registered office near you (offices by province).
Rate: BSP Reference Exchange Rate Bulletin, 2 Oct 2026. Working: US$0.5608 per NZD × ₱62.7480 per US$ = ₱35.1891.
1 NZD = ₱35.1891 · ₱1 = 0.0284 NZD · official rate (BSP bulletin), 2 Oct 2026
The converter applies the 2 Oct 2026 rate with no fee or spread. Cross-check: the ECB euro reference rates of 2 Oct 2026 give ₱35.1290 per NZD (₱70.2650 per euro ÷ 2.0002 NZD per euro), 0.17% below the BSP figure. The ECB fixes around 14:10 CET, while BSP uses New York closes of 1 Oct 2026, so the two are taken at different times.
What sending NZD to the Philippines costs
World Bank Q3 2025 survey, New Zealand: 11 firms priced a 260 NZD transfer (about US$200, ₱9,149 today) at 0.34% to 9.96% of the amount, fee and rate margin together, 4.05% on average. The gap between the two ends is ₱880.15 per transfer (9.62% × ₱9,149.16).
| Firm | Paid out as | Speed | Fee (NZD) | Rate margin | Total cost | Pesos lost | Cost on US$500 |
|---|---|---|---|---|---|---|---|
| WorldRemitMoney Transfer Operator | Mobile wallet | Less than one hour | 0.00 | 0.34% | 0.34% | ₱31.11 | 0.34% |
| Western UnionMoney Transfer Operator | Bank account | Next day | 2.00 | -0.01% | 0.76% | ₱69.53 | 0.30% |
| WiseMoney Transfer Operator | Bank account | 2 days | 2.18 | -0.02% | 0.82% | ₱75.02 | 0.63% |
| MoneyGramMoney Transfer Operator | Cash | Less than one hour | 4.99 | -0.46% | 1.46% | ₱133.58 | 0.31% |
| Orbit RemitMoney Transfer Operator | Cash | Same day | 6.00 | 1.19% | 3.50% | ₱320.22 | 2.11% |
| ANZ BankBank | Bank account | 3-5 days | 5.00 | 1.87% | 3.79% | ₱346.75 | 2.64% |
| RiaMoney Transfer Operator | Cash | Less than one hour | 8.00 | 1.21% | 4.29% | ₱392.50 | 2.44% |
| Bank of New ZealandBank | Bank account | 3-5 days | 5.00 | 2.50% | 4.42% | ₱404.39 | 3.27% |
| WestpacBank | Bank account | 2 days | 5.00 | 2.74% | 4.66% | ₱426.35 | 3.51% |
| Relianz ForexMoney Transfer Operator | Bank account | Same day | 10.00 | 1.40% | 5.25% | ₱480.33 | 2.94% |
| KiwibankBank | Bank account | 3-5 days | 20.00 | 2.27% | 9.96% | ₱911.26 | 5.35% |
New Zealand to the Philippines, 260 NZD, surveyed 17 Aug 2025 to 26 Aug 2025. Cheapest product per firm.
Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org (CC BY 4.0). Pesos lost = total cost × the amount in pesos at today's rate. A negative cost means the firm paid out more than the market rate on the survey day.
Check a quote against the official rate
Type the NZD amount and the pesos your app or counter promises; the checker shows what the rate and fee cost you in pesos. If the gap is wide, try another firm before you send. The Q3 2025 survey average above, 4.05%, is a fair yardstick.
- What this transfer costs you against the official rate
- ₱263.92 (1.50%)
- At the official rate
- ₱17,594.54
- Provider's effective rate
- ₱34.6612
Rate used: 1 NZD = ₱35.1891, 2 Oct 2026. Cost = value at that rate minus the pesos that arrive, plus the fee converted at the same rate.
NZD to PHP over 30, 90 and 365 days
| Period to 2 Oct 2026 | High | Low | Average | Change |
|---|---|---|---|---|
| 30 days 23 rates | ₱36.84768 Sep 2026 | ₱35.18912 Oct 2026 | ₱36.0351 | -4.24%from ₱36.7482 |
| 90 days 64 rates | ₱36.888826 Aug 2026 | ₱34.85768 Jul 2026 | ₱35.9513 | +0.24%from ₱35.1063 |
| 365 days 245 rates | ₱36.888826 Aug 2026 | ₱32.970621 Nov 2025 | ₱35.0054 | +3.91%from ₱33.8660 |
Pesos per 1 NZD. Change = (today − start of period) ÷ start of period. One value per BSP banking day from the BSP daily peso cross-rate series and bulletins.
NZD and PHP amounts, both ways
NZD to PHP
| 1 NZD | ₱35.1891 |
|---|---|
| 5 NZD | ₱175.95 |
| 10 NZD | ₱351.89 |
| 50 NZD | ₱1,759.45 |
| 100 NZD | ₱3,518.91 |
| 500 NZD | ₱17,594.54 |
| 1,000 NZD | ₱35,189.08 |
| 5,000 NZD | ₱175,945.39 |
Each row: amount × ₱35.1891, the 2 Oct 2026 rate, before fees.
PHP to NZD
| ₱100 | 2.84 NZD |
|---|---|
| ₱500 | 14.21 NZD |
| ₱1,000 | 28.42 NZD |
| ₱5,000 | 142.09 NZD |
| ₱10,000 | 284.18 NZD |
| ₱50,000 | 1,420.90 NZD |
Each row: pesos ÷ ₱35.1891, before fees. Sending one of these amounts? Test the pesos promised in the quote checker.
Receiving NZD transfers in the Philippines
Cash remittances from New Zealand reached US$139 million in 2025 (BSP, preliminary).
The 11 surveyed firms offer 29 ways to send on this corridor: 14 pay out into a bank account, 11 pay out as cash for pickup, 4 pay out to a mobile wallet; 11 arrive in less than an hour. Cash pickup works at BSP-registered remittance agents, pawnshops and banks; a bank or e-wallet credit saves the trip.
Neither BPI nor Metrobank posts a board rate for New Zealand dollar notes, so ask the sender to have the money paid out in pesos rather than carry the cash home. Find a registered office near you on the remittance centres by province page, compare e-wallet cash-in and cash-out fees, and check the InstaPay and PESONet fee before moving the pesos to your bank.
How Philippine tax treats NZD you receive
- Money family abroad sends you is not part of your gross income: gifts are excluded under NIRC Sec. 32(B)(3), and an OFW's pay earned abroad is not taxed here under Sec. 23(C). Money paid to you for work is income in any currency. More: are remittances taxable?
- OFW remittances are exempt from documentary stamp tax when the recipient shows the OFW's OEC or OWWA certificate (RA 8042 Sec. 35 as amended by RA 10022). More: documentary stamp tax.
- Kept in a foreign currency deposit, the interest of a resident is taxed at a 20% final tax since 1 July 2025 (RA 12214, CMEPA). More: final tax.
- A business converts NZD amounts at the BSP rate on the transaction day, is taxed on forex gains only when realized, and loses other rates in an audit unless it filed the sworn statement (BIR RMC 12-2024). More: income tax.
NZD to PHP questions
How much is 2,000 NZD in Philippine pesos?
2,000 × ₱35.1891 = ₱70,378.16 at the 2 Oct 2026 rate, and 10,000 NZD is ₱351,890.78. What arrives is lower by the provider's fee and rate margin.
What is the highest NZD to PHP rate?
In the three years to 2 Oct 2026 the highest daily value was ₱36.8888 on 26 Aug 2026 and the lowest ₱31.7064 on 7 Apr 2025. By monthly average, the highest since January 1978 was ₱41.0567 in February 2004. Source: BSP daily peso cross rates.
Will the New Zealand dollar go up against the peso?
Nobody can know that in advance. It moves with interest-rate decisions of the BSP and the central bank of New Zealand, trade and remittance flows, and global risk appetite. Over the last year it ranged from ₱32.9706 (21 Nov 2025) to ₱36.8888 (26 Aug 2026).
Why does my bank or app give less than ₱35.1891?
This is a reference rate with no spread; anyone buying New Zealand dollars from you pays less and may add a fee. Neither BPI nor Metrobank posts a board rate for the New Zealand dollar (boards as of 2 Oct 2026, 4:19 PM and 2 Oct 2026, 9:09 AM), so ask the sender to have the money paid out in pesos and compare the pesos that arrive.
Which rate applies on a weekend or holiday?
The Friday 2 Oct 2026 bulletin, generated by the BSP at 08:43 AM, stays the reference until the next one, Monday 5 Oct 2026 at the earliest (later if that is a holiday). Banks and apps keep setting their own rates in between. Source: BSP exchange rate page.
Does the sender owe tax on a large gift from New Zealand?
Possibly. Donor's tax is 6% of a donor's total gifts above ₱250,000 in a calendar year (NIRC Sec. 99 as amended by RA 10963), and the sender owes it, not the recipient. At the 2 Oct 2026 rate, ₱250,000 is 7,104.48 NZD. Source: RA 10963 (TRAIN), Sec. 99.