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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

22 Apr 2026 • 00:26 GMT

AUD/NZD 1.2135

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 1.2140 – 1.2420
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🟢 Uptrend

Currently, AUD/NZD is trading near 1.2135, which is about 1.9% above its 3-month average. The pair is supported by the divergence in monetary policy, with the RBA maintaining a hawkish stance and rate hikes. This has kept the Australian dollar relatively firm, especially compared to the softer NZD affected by risk-off flows. Over the next few sessions, the pair may find support around current levels, but could face pressure if risk sentiment shifts or global risk conditions ease, potentially capping near recent highs.

💸 Transfer implications

  • Expats: sending money to New Zealand may find current levels relatively supportive for converting AUD to NZD.
  • Travellers: buying NZD cash or loading cards may get less favourable rates if the pair weakens.
  • Businesses: paying NZD invoices with AUD could face less favourable conditions if the pair declines.

🧭 Key drivers

  • Rate gap: The AUD’s support comes from the hawkish RBA and above-90-day average rate differentials.
  • Risk/commodities: Risk-off sentiment favors safe havens, pressuring risk-sensitive FX like AUD/NZD.
  • Global factors: Divergent monetary policies and the stronger Australian economy support AUD strength.

⚠️ What could change it

  • Upside risk: A faster-than-expected RBA pace or economic data supporting AUD could strengthen the pair.
  • Downside risk: A further risk-off shift or a slowdown in Australian exports may weaken the AUD against the NZD.

BER suggests comparing FX providers to help offset less favourable exchange conditions and potentially reduce 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.

 
Sell AUD   →   Buy NZD
1 AUD =
1.2120We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.1%
AUD to NZD is at 7-day lows near 1.2121, 1.8% above its 3-month average of 1.1909, having traded in a quite stable 5.5% range from 1.1560 to 1.2201
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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.

 
 

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
08 Apr 2026
1.2085
0.3% 2 Week
22 Jan 2026
1.1561
4.9% 3 Month
22 Apr 2025
1.0698
13.3% 1 Year
23 Apr 2021
1.0763
12.6% 5 Year
24 Apr 2016
1.1229
8% 10 Year
27 Apr 2006
1.1955
1.4% 20 Year
AUD/NZD historic rates & change to 22-Apr-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