AUD/NZD forecasts are influenced by three factors; the relative coronavirus impact on both economies, changes in the delta between interest rates in Australia and New Zealand and also the trade war between China and the US.
Australian dollar to New Zealand dollar forecasts
National Australia Bank (NAB) have revised upwards their Aussie/Kiwi dollar forecasts now expecting the AUD/NZD rate at NZ$1.09 by June 2021, up from their previous forecast of NZ$1.06.
You can read more about Aussie dollar 2021 forecasts in the article AUD Forecasts.
What is a good AUD to NZD exchange rate?
Whether the Australian dollar will rise or drop in the future versus the NZ dollar is a difficult question and the answer really depends on many factors. The best way to consider the current AUD-NZD relative value is to check the change in the exchange over a range of periods to the present day. The below table does this for periods going back 10 years.
| AUD/NZD | Change | Period |
|---|---|---|
| 1.0846 12 Apr 2021 | 0.4% ▼ | 1 Week |
| 1.0800 20 Mar 2021 | 0% ▲ | 30 Days |
| 1.0819 19 Jan 2021 | 0.1% ▼ | 90 Days |
| 1.0535 19 Apr 2020 | 2.6% ▲ | 1 Year |
| 1.1174 20 Apr 2016 | 3.3% ▼ | 5 Years |
| 1.3405 22 Apr 2011 | 19.4% ▼ | 10 Years |
AUD/NZD 10 year historic rates & change to 19-Apr-2021 : 1.0805