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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

02 May 2026 • 00:25 GMT

AUD/NZD 1.2213

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 1.2210 – 1.2430
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, AUD/NZD is trading near the 90-day high around 1.2213, above its 3-month average by 2.0%. The pair is consolidating within its recent range, supported by the Australian economy's strength and a hawkish RBA outlook. Near-term conditions suggest the pair may remain supported, with upward momentum still prevalent unless global risk sentiment shifts sharply.

💸 Transfer implications

  • Expats: sending money to New Zealand may find exchange rates more favourable than recent levels.
  • Travellers: buying NZD could face stronger costs if the pair holds near recent highs.
  • Businesses: paying NZD invoices from Australia might see more advantageous exchange rates for their transactions.

🧭 Key drivers

  • Rate gap: The RBA’s policy stance and Australian economic strength continue to support the AUD, widening the yield differential.
  • Risk/commodities: Risk-on conditions, driven by positive global growth signals, bolster risk-sensitive currencies like AUD and NZD.
  • Global factors: Energy prices remain elevated, contributing to AUD support amid ongoing commodity strength.

⚠️ What could change it

  • Upside risk: A further rally in global risk appetite or energy prices could enhance AUD appreciation.
  • Downside risk: A sudden shift to risk-off sentiment or a pullback in commodity prices could pressure the pair lower.

BER suggests comparing FX providers to find lower margins, which can help offset less favourable exchange conditions.

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 =
1.2213We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.2%▲
90dHighs◓
AUD to NZD is at 90-day highs near 1.2213, 2.0% above its 3-month average of 1.1968, having traded in a quite stable 5.6% range from 1.1560 to 1.2213
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  1 NZD = 0.8188 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
17 Apr 2026
1.2200
0% ▼2 Week
31 Jan 2026
1.1560
5.5% ▲3 Month
01 May 2025
1.0800
12.9% ▲1 Year
02 May 2021
1.0770
13.2% ▲5 Year
03 May 2016
1.0819
12.7% ▲10 Year
06 May 2006
1.2019
1.5% ▲20 Year
AUD/NZD historic rates & change to 01-May-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