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AUD to NZD Forecasts – Australian dollar to New Zealand dollar

Latest AUD to NZD forecasts including bank predictions, key market drivers and recent trends for AUD/NZD. See where analysts expect the pair to move and the factors likely to influence it.

 

AUD to NZD Forecast & Outlook

29 May 2026 • 00:25 GMT

AUD/NZD 1.2049

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1640 – 1.2050
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: ⚪ Range-bound

Currently, AUD/NZD is trading close to 30-day lows near 1.2049, just below its 3-month average. The dominant driver is the rate differential, with the pair remaining supported by the global risk-off environment and safe-haven flows. Near-term conditions suggest downward pressure may persist if risk sentiment remains cautious, keeping the pair under steady pressure.

💸 Transfer implications

  • Expats: sending money to New Zealand may find conditions less favourable than recent levels.
  • Travellers: buying NZD cash or loading cards might encounter less advantageous rates.
  • Businesses: paying NZD invoices in AUD could face increasing costs if the pair weakens further.

🧭 Key drivers

  • Rate gap: The Australian interest rate outlook has reduced RBA hike expectations, widening the rate differential against NZD.
  • Risk/commodities: Global risk-off sentiment, driven by geopolitical tensions, supports safe havens and pressures AUD and NZD.
  • Global factors: Ongoing slowdown concerns and global economic uncertainty influence currency flows, keeping the pair biased lower.

⚠️ What could change it

  • Upside risk: A sudden improvement in global risk appetite or a positive shift in monetary policy expectations.
  • Downside risk: Escalation of geopolitical tensions or a hawkish RBNZ could deepen NZD support and extend the pair's weakness.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs.

AUD-NZD Rate Calculator

 
 
   
   
   
   
   
 
 

AUD to NZD Market Data

Australian dollar (AUD) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
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1 AUD =
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NZD
1d−0.4%▼
AUD to NZD is at 30-day lows near 1.2049, just below its 3-month average, having traded in a very stable 3.7% range from 1.1844 to 1.2280
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  1 NZD = 0.8334 AUD

Compare & Save - Australian dollar to New Zealand dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to New Zealand dollar (NZD) rates from different sources before making a conversion.

Use our AUD to NZD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Aussie to Kiwi currency rates and the possible savings of using various providers.

 
 

Will the Australian dollar rise against the New Zealand dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Australian dollar vs New Zealand dollar current value is to look the AUD/NZD historic rate and change over a range of periods.

The following table looks at the change in the AUD to NZD exchange rate over periods from the previous week back to the last 10 years.

DateAUD/NZDChangePeriod
15 May 2026
1.2218
1.6% ▼2 Week
28 Feb 2026
1.1867
1.3% ▲3 Month
29 May 2025
1.0782
11.5% ▲1 Year
30 May 2021
1.0644
13% ▲5 Year
31 May 2016
1.0676
12.6% ▲10 Year
03 Jun 2006
1.1928
0.8% ▲20 Year
AUD/NZD historic rates & change to 29-May-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add AUD/NZD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more