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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

28 Apr 2026 • 00:25 GMT

AUD/NZD 1.2163

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1990 – 1.2200
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🟢 Uptrend

Currently, AUD/NZD is trading near 1.2163, about 1.9% above its 3-month average, supported by central bank policy divergence. The RBNZ’s hawkish stance and robustness in New Zealand’s economy uphold NZD strength, but Australian economic resilience and the hawkish RBA support the AUD. Over the next few sessions, the pair may face downward pressure if risk-off sentiment persists, capping near recent highs and consolidating within its recent range.

💸 Transfer implications

  • Expats: sending money to New Zealand may find current levels less favourable than recent levels.
  • Travellers: buying NZD cash might encounter conditions that could weaken the New Zealand Dollar in the short term.
  • Businesses: paying invoices in NZD using AUD could see slightly less favourable conversion rates in the near term.

🧭 Key drivers

  • Rate gap: The Australian dollar remains supported by a hawkish RBA and above-90-day yield advantage.
  • Risk/commodities: Risk-off conditions driven by geopolitical tensions support safe-haven currencies, pressuring risk-sensitive FX.
  • Global factors: Elevated geopolitical tensions in the Strait of Hormuz contribute to risk-off sentiment.

⚠️ What could change it

  • Upside risk: An easing of geopolitical tensions or improved risk appetite could support the pair.
  • Downside risk: A sudden shift towards more risk aversion or dovish signals from the RBA could deepen the pair’s negative bias.

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.

 
Sell AUD   →   Buy NZD
1 AUD =
1.2164We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.1%
AUD to NZD at 1.2163 is 1.9% above its 3-month average of 1.194, 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
13 Apr 2026
1.2091
0.7% 2 Week
27 Jan 2026
1.1605
4.9% 3 Month
27 Apr 2025
1.0728
13.5% 1 Year
28 Apr 2021
1.0731
13.4% 5 Year
29 Apr 2016
1.0898
11.7% 10 Year
02 May 2006
1.1920
2.1% 20 Year
AUD/NZD historic rates & change to 27-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