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    AUD to NZD Forecasts

    Analysis of recent aussie→kiwi forecasts. We collate forecasts from respected FX analysts together with the latest AUD to NZD performance and trends.


    Forecasts for AUD to NZD

    AUDNZD chart

    According to recent exchange rate forecasts and currency market updates, FX analysts and economists are predicting a downward trajectory for the AUD to NZD exchange rate. The Australian dollar (AUD) has been facing downward pressure due to a combination of factors. Major banks in Australia, including NAB and CBA, have lowered their AUD forecasts, expecting it to fall below US60¢ or even US62¢. The incorrect assumptions of improved Chinese demand for iron ore and a softer US dollar have contributed to this bearish outlook.

    As a major commodities exporter, changes in commodity prices, trade policies, and political developments have a significant impact on the AUD's value. Additionally, the AUD is considered a proxy for risk appetite in the markets, meaning it tends to fluctuate based on traders' confidence in global economic growth prospects. Any increase in construction and demand for iron ore, particularly in China, would be positive for the AUD.

    On the other hand, the New Zealand dollar (NZD) has also been affected by global risk-off sentiment and the hawkish stance of the US Federal Reserve. The NZD has weakened against the US dollar by 20% in 2022. It is worth noting that the NZD/USD and AUD/USD pairs often move in the same direction due to their geographical proximity and dependence on commodity markets.

    Considering the recent AUDNZD price data, with the exchange rate currently at 1.0777 (just below its 3-month average), the currency pair has been trading in a relatively stable range of 1.8% from 1.0725 to 1.0918.

    In summary, FX analysts expect the AUD to NZD exchange rate to decline further in the short term due to downgraded forecasts for the Aussie dollar by major banks, as well as the influence of factors such as commodity prices, trade policies, and political developments. The NZD's performance is also influenced by global risk-off sentiment and the US Federal Reserve's monetary policy stance.

    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.

    @bestfxrates : The AUD to NZD exchange rate is forecasted to decline according to FX analysts, as AUD continues to face downward pressure. Major Australian banks have downgraded AUD forecasts as concerns of reduced Chinese iron ore demand & a softer US dollar prevail. NZD, influenced by global risk-off sentiment & US Federal Reserve's policy, also weakens. #AUDNZD #ForexUpdate

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    AUD to NZD Market Data

    Australian dollar (AUD) to New Zealand dollar (NZD) market data - latest interbank mid-rate, trend, chart & historic rates.

    1 AUD =
    1.0722We compare provider deals to this wholesale mid-market rate. Read more
    AUD to NZD is at 90-day lows near 1.0719, just 0.9% below its 3-month average of 1.0824, having traded in a stable 1.9% range from 1.0719 to 1.0918
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    15 Sep 2023
    1.6% 2 Week
    01 Jul 2023
    1.2% 3 Month
    29 Sep 2022
    5.4% 1 Year
    30 Sep 2018
    1.7% 5 Year
    01 Oct 2013
    5.6% 10 Year
    04 Oct 2003
    6.6% 20 Year
    AUD/NZD historic rates & change to 29-Sep-2023

    Will the Australian dollar rise against the New Zealand dollar?

    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 BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to New Zealand - a practical currency and money guide to travel, living and doing business in New Zealand with the New Zealand dollar.


    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