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onetapu: I have done the hard yards today and have indeed answered my own question:
The Amazon exchange rate today is 1 USD = 1.5822 NZD. My BNZ visa rate today is 1 USD = 1.4856 NZD.
So it is better to buy Amazon products in NZ currency. (Note that Visa then adds on a 2.25% foreign currency service fee to the NZD conversion).
sbiddle:onetapu: I have done the hard yards today and have indeed answered my own question:
The Amazon exchange rate today is 1 USD = 1.5822 NZD. My BNZ visa rate today is 1 USD = 1.4856 NZD.
So it is better to buy Amazon products in NZ currency. (Note that Visa then adds on a 2.25% foreign currency service fee to the NZD conversion).
Umm that makes it far better to buy in $US and let your credit card company convert it.
onetapu: Based on the work I've done today, yes - it's better to buy in NZD.
onetapu: Yes, you're right, sorry - drhhh! But my understanding is the 2.25% applied by Visa is not a currency conversion charge, but a transaction charge which is added whether you buy in US$ or NZ$??
onetapu: Yes, you're right, sorry - drhhh! But my understanding is the 2.25% applied by Visa is not a currency conversion charge, but a transaction charge which is added whether you buy in US$ or NZ$??
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