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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 trading significantly below its recent average and is positioned near its recent lows. Pressure from falling oil prices is contributing to this trend.

Key drivers:

  • Rate gap: The Bank of Canada has kept its interest rate stable, while the Reserve Bank of New Zealand has pushed back expectations for rate hikes, supporting the NZD.
  • Risk/commodities: Falling oil prices, which are currently above their three-month average, have weakened the CAD as lower oil demand hampers export revenues from Canada.
  • One macro factor: New Zealand's business confidence is forecasted to improve, potentially boosting the NZD amidst recent fluctuations.

Range:

The CAD/NZD rate may drift lower as it continues to trade near recent lows.

What could change it:

  • Upside risk: A sudden rally in oil prices could boost the CAD significantly.
  • Downside risk: Ongoing volatility in global trade dynamics could further weaken the NZD.

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 =
1.2204We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.4%▼
 
CAD to NZD is at 7-day lows near 1.2187, 1.7% below its 3-month average of 1.2395, having traded in a quite stable 4.6% range from 1.2111 to 1.2665
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  1 NZD = 0.8194 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
12 Feb 2026
1.2180
0% ▲2 Week
28 Nov 2025
1.2470
2.3% ▼3 Month
26 Feb 2025
1.2240
0.5% ▼1 Year
27 Feb 2021
1.0853
12.2% ▲5 Year
29 Feb 2016
1.1202
8.7% ▲10 Year
03 Mar 2006
1.3231
7.9% ▼20 Year
CAD/NZD historic rates & change to 26-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