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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

26 Jun 2026 • 00:25 GMT

AUD/NZD 1.2229

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 1.1960 – 1.2330
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🟢 Uptrend

Currently, AUD/NZD is trading close to its 3-month average around 1.2229, supported by the rate differential focus. The pair’s movement remains limited with both central banks holding neutral policies; over the next few sessions, conditions may stay supported within its recent range as risk sentiment remains neutral, keeping current levels stable.

💸 Transfer implications

  • Expats: sending money to New Zealand may find exchange conditions holding near current levels.
  • Travellers: buying NZD could see little change in costs in the near term.
  • Businesses: paying NZD invoices in AUD might not face significant fluctuation if current trends persist.

🧭 Key drivers

  • Rate gap: Both RBA and RBNZ keep policies neutral, resulting in minimal rate differential shifts.
  • Risk/commodities: Risk sentiment remains neutral; commodities prices have little influence on the pair currently.
  • Global factors: Broader interest rate expectations and domestic policy outlooks of both countries are minor influences.

⚠️ What could change it

  • Upside risk: RBA signals a potential rate hike, supporting AUD and possibly pushing the pair higher.
  • Downside risk: RBNZ adopts a more dovish stance, weakening NZD and pulling the pair lower.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

 

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 =
1.2205We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.1%▲
AUD to NZD at 1.2229 is just 0.7% above its 3-month average of 1.2144, having traded in a very stable 2.8% range from 1.1944 to 1.2280
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  1 NZD = 0.8194 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
12 Jun 2026
1.2080
1.1% ▲2 Week
28 Mar 2026
1.1979
2% ▲3 Month
26 Jun 2025
1.0807
13% ▲1 Year
27 Jun 2021
1.0744
13.7% ▲5 Year
28 Jun 2016
1.0468
16.7% ▲10 Year
01 Jul 2006
1.2208
0% ▲20 Year
AUD/NZD historic rates & change to 26-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