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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

14 Jul 2026 • 00:27 GMT

AUD/NZD 1.2004

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1790 – 1.2000
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: ⚪ Range-bound

Currently, AUD/NZD is trading near 30-day lows around 1.2004, below its 3-month average of 1.2155. The pair has recently held within a narrow range, supported by a rate differential that favors the NZD. Risk sentiment turning more risk-off pressures the pair lower, with global risk conditions currently supporting safe-haven currencies. Near-term conditions suggest the pair may remain supported around recent lows but could face pressure if risk appetite recovers.

💸 Transfer implications

  • Expats: sending money to New Zealand may find exchange rates less favourable than recent levels.
  • Travellers: buying NZD cash or loading currency cards could face pressure on conversion costs.
  • Businesses: paying NZD invoices with AUD might see less advantageous rates if the pair weakens further.

🧭 Key drivers

  • Rate gap: The RBNZ maintains a hawkish stance supported by higher interest rates than the RBA, which keeps the NZD broadly supported.
  • Risk/commodities: Global risk-off sentiment supported by cautious risk appetite is pressuring risk-sensitive currencies like AUD and NZD.
  • Global factors: Stable commodity prices and moderate economic data from both countries underpin current levels but offer limited upside.

⚠️ What could change it

  • Upside risk: A relaxation in global risk aversion and a shift towards risk-on conditions could support the pair.
  • Downside risk: Further risk-off flows or aggressive RBNZ hawkish signals might deepen the pair's downside bias.

Finding providers with lower margins can help reduce total transfer costs in a less favourable exchange environment.

 

AUDNZD Bank Forecasts to end of the year

The long-term outlook for AUDNZD is mixed, with forecasts suggesting some stability but with differing views on end-of-year targets. Bank of America anticipates AUDNZD rising to 1.20 by mid-2026, indicating an upward trend largely due to expected NZD weakness and rate differentials. Meanwhile, UBS has a more conservative outlook, setting its year-end target at 1.1400. NAB further expects a gradual easing in the pair towards 1.13-1.11 by the end of 2026.

Big bank views

  • Bank of America expects AUDNZD to reach 1.20 by mid-2026, driven by NZD downside risks.
  • UBS targets 1.1400 for end-2025, highlighting stronger AUD fundamentals.
  • NAB forecasts a gradual decline to 1.13-1.11 by end-2026, implying slight easing.

What could change the outlook

  • Further changes in interest rate policies between the RBA and RBNZ could alter the projected rate differentials.
  • Shifts in global economic conditions impacting commodity prices and trade balances may influence AUD and NZD strength.
 

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 =
1.1956We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.4%▼
AUD to NZD is at 30-day lows near 1.2004, 1.2% below its 3-month average of 1.2155, having traded in a very stable 2.4% range from 1.1995 to 1.2280
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  1 NZD = 0.8364 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
30 Jun 2026
1.2180
1.8% ▼2 Week
15 Apr 2026
1.2138
1.5% ▼3 Month
14 Jul 2025
1.0960
9.1% ▲1 Year
15 Jul 2021
1.0588
12.9% ▲5 Year
16 Jul 2016
1.0650
12.3% ▲10 Year
19 Jul 2006
1.1998
0.3% ▼20 Year
AUD/NZD historic rates & change to 14-Jul-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