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    AUD to NZD 2024 Forecasts

    Analysis of recent Aussie → Kiwi forecasts for 2024. We collate forecasts from respected FX analysts together with the latest Australian dollar to New Zealand dollar performance and trends.

     

    Forecasts for AUD to NZD

     

    Based on the recent exchange rate analyst forecasts and currency market updates monitored, the Australian dollar (AUD) has experienced a recent plunge due to soured market sentiment following the hotter-than-expected US inflation data. Concerns over a potential delay in Federal Reserve interest rate cuts have weighed on the AUD. FX analysts suggest that the AUD could experience further fluctuations based on upcoming Australian consumer inflation expectations data and the evolving interest rate differentials between the US and Australia.

    On the other hand, the New Zealand dollar (NZD) initially surged post-RBNZ's signal of maintaining high rates but later faced a sharp reversal amid the overall deteriorating market mood. While the NZD has shown strength against certain currencies like the USD, GBP, and EUR, it has traded flat against others. Economists are cautiously optimistic about the NZD's outlook for 2024, expecting a potential rally particularly in the second quarter as the USD weakens. The RBNZ's stance and global economic factors, including US data and rate changes, will be critical in shaping the direction of the NZD.

    The AUD to NZD exchange rate currently sits near 7-day lows around 1.0898, slightly above its 3-month average. The pair has traded within a stable range, showing resilience amid market uncertainties and changing global rate expectations. Moving forward, FX analysts anticipate further fluctuations in the AUDNZD pair based on economic data releases and central bank policies impacting both currencies.

     
    @bestfxrates : #AUDNZD Update: FX analysts eye AUD's struggle amid US inflation fears & rate cut delays, seeing a path to recovery by year-end. Meanwhile, NZD weathers RBNZ's rate stance & market mood swings. Amidst AUD's fall and NZD's volatility, AUDNZD steadies at 1.0897, with forecasts hinting at a cautious uptick in 2024. Stay tuned for shifts in the central bank policies and global risk sentiment! #Forex #AUD #NZD #CurrencyMarkets #InterestRates

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    AUD to NZD Market Data

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

     
    1 AUD =
    1.0891We compare provider deals to this wholesale mid-market rate. Read more
    NZD
    +0.0%
    1W
    AUD to NZD is at 7-day lows near 1.0898, 1.3% above its 3-month average of 1.076, having traded in a very stable 3.5% range from 1.0574 to 1.0948
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    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.

     
    DateAUD/NZDChangePeriod
    28 Mar 2024
    1.0909
    0.1% 2 Week
    12 Jan 2024
    1.0711
    1.8% 3 Month
    12 Apr 2023
    1.0770
    1.2% 1 Year
    13 Apr 2019
    1.0612
    2.7% 5 Year
    14 Apr 2014
    1.0843
    0.5% 10 Year
    16 Apr 2004
    1.1621
    6.2% 20 Year
    AUD/NZD historic rates & change to 11-Apr-2024
     

    Will the Australian dollar rise against the New Zealand dollar?

    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.

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    Read our Currency guide to New Zealand - a practical currency and money guide to travel, living and doing business in New Zealand with the New Zealand dollar.

     
     

    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