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CAD to NZD Rates - 2026 Forecast

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.

 

CAD/NZD Outlook:

The CAD/NZD exchange rate is likely to decrease as it is currently below its recent average and near recent lows, pressured by falling oil prices and economic performance concerns.

Key drivers:

• Rate gap: The Bank of Canada maintains its policy rate, contrasting with the Reserve Bank of New Zealand, which may delay rate hikes until late 2026 or early 2027.

• Risk/commodities: With oil prices at 90-day highs, falling oil prices are dragging on the CAD, which is sensitive to changes in commodity prices.

• Economic performance: Canada's GDP report today could show contraction, further dampening confidence in the loonie.

Range:

Expect the CAD/NZD to drift toward the lower end of its recent range.

What could change it:

• Upside risk: A surprise improvement in Canada’s GDP could strengthen the CAD.

• Downside risk: Continued volatility and decline in oil prices may weaken the CAD 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 =
1.2218We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.1%▲
 
CAD to NZD at 1.2219 is 1.4% below its 3-month average of 1.2391, having traded in a quite stable 4.6% range from 1.2111 to 1.2665
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  1 NZD = 0.8184 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
13 Feb 2026
1.2159
0.4% ▲2 Week
29 Nov 2025
1.2468
2.1% ▼3 Month
27 Feb 2025
1.2303
0.7% ▼1 Year
28 Feb 2021
1.0832
12.7% ▲5 Year
01 Mar 2016
1.1216
8.9% ▲10 Year
04 Mar 2006
1.3244
7.8% ▼20 Year
CAD/NZD historic rates & change to 27-Feb-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 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