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    AUD to NZD 2024 Forecasts

    Analysis of recent Aussie → Kiwi forecasts for 2024. We collate forecasts from respected FX analysts together with the latest Australian dollar to New Zealand dollar performance and trends.

     

    Forecasts for AUD to NZD

     

    The AUD to NZD exchange rate has been relatively stable recently, trading at 1.1093, which is 1.6% above its 3-month average of 1.0921, within a tight 3.7% range from 1.0734 to 1.1130. Analysts anticipate the Australian dollar (AUD) could see further gains against the New Zealand dollar (NZD) as the Reserve Bank of Australia (RBA) maintains a hawkish stance and market speculation of Federal Reserve (Fed) interest rate cuts persists. The AUD has been buoyed by strong commodities and growing expectations of Fed rate cuts, with market sentiment driving the currency towards a potential break above US$0.67.

    On the other hand, the New Zealand dollar (NZD) has been volatile despite exiting recession and posting stronger-than-expected GDP data. The NZD continues to face downside pressure due to lackluster domestic data, a dovish Reserve Bank of New Zealand (RBNZ), and uncertain global rate expectations. While the NZD has outperformed in recent months, ongoing focus on US and global rates will be crucial in determining its near-term direction. Both the AUD and NZD face influences from global growth outlooks, US data, and commodity prices, which will likely shape their movements in the coming months.

     
    @bestfxrates : AUDNZD holds steady at 1.1093, up 1.6% from the 3-mo average. RBA's hawkish tilt + prospects of Fed rate cuts may push AUD higher. Meanwhile, NZD wrestles with mixed data & RBNZ caution. Commodity strength & global rates remain key to future moves. #forex #AUDNZD #CurrencyUpdate

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    AUD to NZD Market Data

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

     
    1 AUD =
    1.1116We compare provider deals to this wholesale mid-market rate. Read more
    NZD
    +0.2%
    3M
    AUD to NZD at 1.1112 is 1.7% above its 3-month average of 1.0924, having traded in a very stable 3.7% range from 1.0734 to 1.1130
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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.

     
    DateAUD/NZDChangePeriod
    05 Jul 2024
    1.1001
    1% 2 Week
    20 Apr 2024
    1.0897
    2% 3 Month
    20 Jul 2023
    1.0879
    2.1% 1 Year
    21 Jul 2019
    1.0419
    6.7% 5 Year
    22 Jul 2014
    1.0833
    2.6% 10 Year
    24 Jul 2004
    1.1163
    0.5% 20 Year
    AUD/NZD historic rates & change to 19-Jul-2024
     

    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.

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    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