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CAD to NZD 2026 Forecasts

Analysis of recent loonie → kiwi forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to New Zealand dollar performance and trends.

 

The CAD to NZD exchange rate is currently range-bound, fluctuating close to 1.2579.

The key drivers include:

  • Interest rate differential: The Bank of Canada has kept its rate steady at 2.25%, while expectations for future cuts from the Reserve Bank of New Zealand are creating pressure on the NZD.
  • Oil prices: The CAD is impacted by oil, with current prices lingering around 61.50, below the recent average. This stalling may prevent any significant CAD gains.
  • Economic indicators: Canada recently posted stronger-than-expected jobs growth, enhancing confidence in the CAD, while New Zealand's GDP growth concerns may weigh on the NZD.

In the near term, the CAD/NZD pair is likely to fluctuate within a stable range, given both currencies' recent trading patterns.

Upside risks include a rebound in oil prices, which could bolster the CAD, while downside risks stem from potential negative trade data from New Zealand that may weaken the NZD further.

CAD-NZD Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to NZD Market Data

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

 
Sell CAD   →   Buy NZD
1 CAD =
1.2570We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.2%▲
 
CAD to NZD is at 7-day highs near 1.2579, just 0.6% above its 3-month average of 1.2501, having traded in a very stable 3.5% range from 1.2276 to 1.2708
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  1 NZD = 0.7955 CAD

Compare & Save - Canadian dollar to New Zealand dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to New Zealand dollar (NZD) rates from different sources before making a conversion.

Use our CAD 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 Loonie to Kiwi currency rates and the possible savings of using various providers.

 
 

Will the Canadian 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 Canadian dollar vs New Zealand dollar current value is to look the CAD/NZD historic rate and change over a range of periods.

The following table looks at the change in the CAD to NZD exchange rate over periods from the previous week back to the last 10 years.

DateCAD/NZDChangePeriod
16 Dec 2025
1.2566
0.1% ▲2 Week
01 Oct 2025
1.2323
2.1% ▲3 Month
30 Dec 2024
1.2357
1.8% ▲1 Year
31 Dec 2020
1.0924
15.1% ▲5 Year
02 Jan 2016
1.0545
19.3% ▲10 Year
04 Jan 2006
1.2631
0.4% ▼20 Year
CAD/NZD historic rates & change to 30-Dec-2025

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 CAD/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