Analysis of recent loonie → kiwi forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to New Zealand dollar performance and trends.
Forecasts for CAD to NZD
The recent exchange rate forecast for the Canadian dollar (CAD) against the New Zealand dollar (NZD) indicates a mixed outlook amid a backdrop of fluctuating commodity prices and shifting economic policies. Currently, the CAD is trading at 1.2162 NZD, slightly below its three-month average, having experienced stability within a 5.5% range from 1.2003 to 1.2668. This stability is noteworthy given the volatility in oil prices, which are currently at $64.78 per barrel—4.8% below their three-month average of $68.05. Experts mention that the CAD, heavily influenced by oil market trends due to Canada’s status as a key oil exporter, can be susceptible to shifts in these prices. Higher oil prices typically bolster the CAD by improving Canada's trade revenue, while lower prices can weaken it.
Analysts also highlight implications of the economic policies set forth by the Bank of Canada (BoC). A potential decrease in Canadian producer prices could heighten expectations for BoC interest rate cuts, which would further exert pressure on the CAD. As the loonie is sensitive to interest rate adjustments and investor sentiment, any deterioration in economic indicators may lead to broader weakness.
On the other hand, the NZD has recently been under pressure due to external factors, including the impacts of tariffs announced by the U.S. and weakening ties with major partners like Australia. The NZD's movement has closely followed that of the Australian dollar (AUD), exacerbated by their strong correlation driven by geographic proximity and dependency on commodity markets. With New Zealand's trade metrics under scrutiny, any negative figures could further dampen the NZD's prospects.
Both currencies face challenges from global economic conditions and trade policies. Analysts recommend close monitoring of oil prices, trade stats from New Zealand, and economic signals from both Canada and the U.S. as these factors will likely be pivotal in determining the future trajectory of the CAD/NZD exchange rate. In this context, prudent currency management strategies may help businesses and individuals mitigate the potential impact of fluctuations in the exchange rate.
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?
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.
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