Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

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

04 Jul 2026 • 00:25 GMT

AUD/NZD 1.2143

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1790 – 1.2140
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟠 Range-bound, downside bias

Currently, AUD/NZD is trading close to 14-day lows near 1.2143, holding near its 3-month average. The pair is consolidating within its recent range, with the dominant driver being the interest rate differential. Slight risk-off sentiment supports the view that the pair may face pressure if global uncertainties persist. Near-term conditions suggest the bias is tilted towards a weaker AUD relative to the NZD.

💸 Transfer implications

  • Expats: sending money to New Zealand may find exchange rates less favourable than recent levels.
  • Travellers: buying NZD for upcoming trips could face greater costs.
  • Businesses: paying overseas invoices in NZD might see the cost of conversions increase.

🧭 Key drivers

  • Rate gap: The RBA maintains a hawkish stance, but the rate differential remains narrow, supporting downside pressure.
  • Risk/commodities: Risk-off sentiment and cautious global economic outlook are pressuring risk-sensitive FX like AUD and NZD.
  • Global factors: US dollar strength and cautious risk appetite are adding to the downside bias.

⚠️ What could change it

  • Upside risk: A shift towards global risk appetite improving sentiment may support AUD gains.
  • Downside risk: Further US dollar strength or dovish shifts by the RBA could deepen the pair's pullback.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs.

 

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 =
1.2159We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d0.0%⬦
AUD to NZD is at 14-day lows near 1.2143, near its 3-month average, having traded in a very stable 2.4% range from 1.1995 to 1.2280
|
Tracker

Manage Tracker   

  1 NZD = 0.8225 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
19 Jun 2026
1.2219
0.6% ▼2 Week
04 Apr 2026
1.2112
0.3% ▲3 Month
03 Jul 2025
1.0819
12.3% ▲1 Year
04 Jul 2021
1.0702
13.5% ▲5 Year
05 Jul 2016
1.0435
16.4% ▲10 Year
08 Jul 2006
1.2309
1.3% ▼20 Year
AUD/NZD historic rates & change to 03-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.

 
Track Rate
 

Manage Tracker   

 

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