convert New Zealand Dollar to Canadian Dollar

Conversion Formula

1 nzd = 0.85 cad

Step-by-Step Explanation

1. Understand the base relationship:
   1 New Zealand Dollar = 1.6 USD
   1 Canadian Dollar = 1.36 USD
2. Establish the conversion factor:
   1 nzd = (1.36 USD) / (1.6 USD) = 0.85 cad
3. Apply the conversion:
   Multiply the value in nzd by 0.85 to get the equivalent in cad

Example Conversion

Convert 5 nzd to cad:

5 nzd × 0.85 = 4.25 cad