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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.

 

CAD/NZD Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by commodity price trends.

Key drivers:

• Rate gap: The Bank of Canada has maintained a cautious approach, while the Reserve Bank of New Zealand is considering more aggressive rate hikes due to rising inflation, widening the monetary policy gap.

• Risk/commodities: Oil prices are at multi-month highs, supporting the CAD; however, the recent volatility suggests uncertainty that could impact demand.

• One macro factor: New Zealand's inflation has surged, exceeding targets, leading to stronger market expectations for interest rate increases from the RBNZ.

Range: The CAD/NZD pair is likely to drift within its recent 3-month range but may test lower extremes.

What could change it:

• Upside risk: A significant spike in oil prices could bolster CAD strength, improving its appeal.

• Downside risk: If inflation figures from New Zealand continue to rise sharply, it could prompt a faster RBNZ response, hurting 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 =
1.2190We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.1%▼
 
CAD to NZD at 1.2190 is 2.5% below its 3-month average of 1.2508, having traded in a quite stable 4.3% range from 1.2181 to 1.2708
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  1 NZD = 0.8203 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.

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