convert New Zealand Dollar to British Pound

Conversion Formula

1 nzd = 0.4875 gbp

Step-by-Step Explanation

1. Understand the base relationship:
   1 New Zealand Dollar = 1.6 USD
   1 British Pound = 0.78 USD
2. Establish the conversion factor:
   1 nzd = (0.78 USD) / (1.6 USD) = 0.4875 gbp
3. Apply the conversion:
   Multiply the value in nzd by 0.4875 to get the equivalent in gbp

Example Conversion

Convert 5 nzd to gbp:

5 nzd × 0.4875 = 2.4375 gbp