1 Million NZD to GBP: ~£490,000 at Feb 2023 Rates

As of February 28, 2023, the exchange rate was approximately:

1 NZD = 0.49 GBP

Therefore: 1,000,000 NZD = 490,000 GBP (£490k).

Important Caveats

• Rates fluctuate constantly – this is a snapshot.
• Bank/transfer fees apply – expect 0.5–3%+ markup on the interbank rate.
• Use live rates from Xe, Wise, Reuters, or your bank for actual transactions.
• Historical context: NZD/GBP has ranged ~0.45–0.55 in recent years.

For Large Transfers

Use a specialist currency broker (e.g., Wise, OFX, Currencies Direct) for better rates than high-street banks. Lock in a forward contract if you need certainty.