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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 Jun 2026 • 00:25 GMT

AUD/NZD 1.2223

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 1.2070 – 1.2280
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, AUD/NZD is trading close to its 90-day average within a narrow range, supported by the stable rate differential. The pair remains consolidated around recent highs, with limited immediate catalyst for a directional move. Near-term conditions suggest the exchange rate may continue within this range, holding support near current levels.

💸 Transfer implications

  • Expats: sending money to New Zealand might find current rates relatively supportive for conversions.
  • Travellers: buying NZD cash could see conditions remain stable for the moment.
  • Businesses: paying overseas NZD invoices using AUD may experience broad neutrality in costs.

🧭 Key drivers

  • Rate gap: The interest rate difference between Australia and New Zealand remains narrow but supports a neutral stance.
  • Risk/commodities: Risk sentiment is neutral, with no clear safe-haven demand or commodity price swings influencing the pair.
  • Global factors: Broader global macro stability keeps the pair range-bound, with no major shocks expected soon.

⚠️ What could change it

  • Upside risk: RBA signals more aggressive rate hikes, boosting AUD.
  • Downside risk: RBNZ hints at less rate hikes or dovish tone, pressuring NZD downward.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs. Comparing FX providers can also help offset less favourable exchange conditions.

 

AUDNZD Bank Forecasts to end of the year

The AUD/NZD exchange rate is expected to trend around 1.20 by the end of 2026, influenced by factors including Australia's robust monetary tightening and New Zealand's economic dynamics. UBS has set a forecast of 1.20 for the year-end, reflecting an adjustment based on updated fair-value estimates. The pair's movement will be shaped by the Reserve Bank of Australia's rate decisions and the Reserve Bank of New Zealand's monetary policy stance.

Big bank views

  • UBS forecasts an AUD/NZD rate of 1.20 by the end of 2026.
  • UBS revised the forecast to 1.22 for mid-2026 earlier this year.
  • The forecast reflects Australia's stronger economic backdrop and interest rate outlook.

What could change the outlook

  • RBA's potential interest rate hikes or cuts could shift AUD strength significantly.
  • RBNZ's policy moves, especially in response to domestic economic conditions, might bolster NZD.
 

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.

 
Sell AUD   →   Buy NZD
1 AUD =
1.2209We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.1%▲
AUD to NZD at 1.2223 is just 0.6% above its 3-month average of 1.2152, having traded in a very stable 2.5% range from 1.1978 to 1.2280
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  1 NZD = 0.8191 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 Jun 2026
1.2137
0.6% ▲2 Week
31 Mar 2026
1.2025
1.5% ▲3 Month
29 Jun 2025
1.0775
13.3% ▲1 Year
30 Jun 2021
1.0717
13.9% ▲5 Year
01 Jul 2016
1.0461
16.7% ▲10 Year
04 Jul 2006
1.2225
0.1% ▼20 Year
AUD/NZD historic rates & change to 29-Jun-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