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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.

 

Bias: bearish-to-range-bound, current CAD/NZD trades below its 90-day average and sits in the lower half of the 3-month range, with limited upside.

Key drivers:

  • Rate gap: The Bank of Canada’s policy rate sits below the Reserve Bank of New Zealand’s, implying NZD could carry a modest yield edge and attract money flows when risk appetite improves.
  • Oil/commodities: Oil is near 30-day highs and above its 3-month average, bolstering CAD through Canada’s commodity link while injecting volatility that can sharpen moves in CAD/NZD.
  • Macro factor: The RBNZ is in an easing cycle with signals of further cuts, which can keep NZD under pressure relative to a slowly-adjusting global backdrop.

Range: The pair is likely to drift within the 3-month range, with tests of the lower end possible if risk-off conditions persist.

What could change it:

  • Upside risk: stronger Canadian data (trade balance or employment) could push CAD higher.
  • Downside risk: further NZD weakness from more RBNZ rate cuts or renewed risk-off mood.

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 =
1.2547We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.4%▲
 
CAD to NZD is at 7-day highs near 1.2550, near its 3-month average, having traded in a very stable 2.9% range from 1.2354 to 1.2708
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  1 NZD = 0.7970 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