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CAD to NZD Forecasts – Canadian dollar to New Zealand dollar

Latest CAD to NZD forecasts including bank predictions, key market drivers and recent trends for CAD/NZD. See where analysts expect the pair to move and the factors likely to influence it.

 

CAD to NZD Forecast & Outlook

13 Jun 2026 • 00:48 GMT

CAD/NZD 1.2253

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1890 – 1.2250
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

CAD/NZD is trading close to recent lows, holding near 1.2253, which is below its 3-month average. The pair remains pressured by risk-off sentiment and the rate differential, supported by external risk aversion and the oil price sensitivity of CAD. Near-term conditions suggest caution, and the pair could face further weakness if risk sentiment persists.

💸 Transfer implications

  • Expats: sending money to New Zealand Dollars may find current levels less favourable than recent averages.
  • Travellers: buying NZD cash or loading currency cards might face higher costs if the pair weakens further.
  • Businesses: paying NZD invoices with CAD could see less advantageous rates if current downward pressure continues.

🧭 Key drivers

  • Rate gap: The CAD remains supported by its yield advantage over NZD, but the risk-off environment weakens the pair.
  • Risk/commodities: The pair is pressured by risk-off conditions, with oil prices influencing CAD and NZD supported by RBNZ hawkish stance.
  • Global factors: The dominant driver is risk sentiment, which continues to favour safe-haven currencies over risk-sensitive FX like CAD/NZD.

⚠️ What could change it

  • Upside risk: A rebound in risk appetite or stabilisation in oil prices could support CAD and weaken the bearish bias.
  • Downside risk: Escalation of geopolitical tensions or worsening global risk sentiment could further pressure the pair.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

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 =
1.2292We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d0.0%⬦
CAD to NZD is at 7-day highs near 1.2294, just 0.8% below its 3-month average of 1.2384, having traded in a quite stable 4.2% range from 1.2097 to 1.2601
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  1 NZD = 0.8135 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
04 Jun 2026
1.2250
0.1% ▼2 Week
20 Mar 2026
1.2473
1.9% ▼3 Month
18 Jun 2025
1.2112
1% ▲1 Year
19 Jun 2021
1.1569
5.8% ▲5 Year
20 Jun 2016
1.0981
11.4% ▲10 Year
23 Jun 2006
1.4684
16.7% ▼20 Year
CAD/NZD historic rates & change to 18-Jun-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