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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.

 

The CAD to NZD exchange rate shows a bearish bias as both currencies experience contrasting pressures.

Key drivers include:

  • The interest rate differential remains tight, with the Bank of Canada's policy rate at 2.25% while the Reserve Bank of New Zealand is expected to reduce rates to around 1.75% by mid-2026.
  • Risk sentiment is affected by recent fluctuations in oil prices, with current oil at $61.32, 2.7% below its 3-month average, impacting the CAD as a commodity-linked currency.
  • Canada’s strong job growth, with a significant increase in employment and a falling unemployment rate, supports the CAD despite oil price challenges.

Near-term, CAD to NZD may trade within a stable range influenced by current oil prices and economic data. Upside risks could emerge from a rebound in oil prices or stronger-than-expected Canadian economic indicators. Conversely, downward pressure may come from New Zealand’s trade performance or unexpected policy changes from the RBNZ.

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 =
1.2630We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.2%▲
 
CAD to NZD is at 7-day highs near 1.2610, just 0.8% above its 3-month average of 1.2504, having traded in a very stable 3.5% range from 1.2276 to 1.2708
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  1 NZD = 0.7918 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
16 Dec 2025
1.2566
0.1% ▲2 Week
01 Oct 2025
1.2323
2.1% ▲3 Month
30 Dec 2024
1.2357
1.8% ▲1 Year
31 Dec 2020
1.0924
15.1% ▲5 Year
02 Jan 2016
1.0545
19.3% ▲10 Year
04 Jan 2006
1.2631
0.4% ▼20 Year
CAD/NZD historic rates & change to 30-Dec-2025

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