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EUR to NZD Rates - 2026 Forecast

Analysis of recent euro → kiwi forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to New Zealand dollar performance and trends.

 

EUR/NZD Outlook:

The EUR/NZD currency pair is likely to decrease, currently trading below its recent average and near 7-day lows. The euro faces pressure from weakening German economic data, while the New Zealand dollar may be supported by improving business confidence forecasts.

Key drivers:

• Rate gap: The European Central Bank is maintaining interest rates amid economic uncertainty, which contrasts with the Reserve Bank of New Zealand's less aggressive stance on future hikes.

• Risk/commodities: Oil prices are significantly above their 3-month average, which could increase import costs for the Eurozone, weighing on the euro.

• One macro factor: A projected rise in New Zealand business confidence is expected to support the NZD today, aligning with the current risk-on mood.

Range:

The EUR/NZD is expected to drift within its recent range, potentially testing lower extremes as euro weakness persists.

What could change it:

• Upside risk: A surprise improvement in Eurozone economic data could bolster the EUR.

• Downside risk: Continued declines in New Zealand dairy prices may further pressure the NZD.

EUR-NZD Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to NZD Market Data

Euro (EUR) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy NZD
1 EUR =
1.9694We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.2%▼
 
EUR to NZD is at 7-day lows near 1.9685, 1.7% below its 3-month average of 2.003, having traded in a quite stable 4.5% range from 1.9522 to 2.0406
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  1 NZD = 0.5078 EUR

Compare & Save - Euro to New Zealand dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to New Zealand dollar (NZD) rates from different sources before making a conversion.

Use our EUR 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 Euro to Kiwi currency rates and the possible savings of using various providers.

 
 

Will the Euro 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 Euro vs New Zealand dollar current value is to look the EUR/NZD historic rate and change over a range of periods.

The following table looks at the change in the EUR to NZD exchange rate over periods from the previous week back to the last 10 years.

DateEUR/NZDChangePeriod
12 Feb 2026
1.9678
0% ▲2 Week
28 Nov 2025
2.0224
2.7% ▼3 Month
26 Feb 2025
1.8407
6.9% ▲1 Year
27 Feb 2021
1.6688
17.9% ▲5 Year
29 Feb 2016
1.6494
19.3% ▲10 Year
03 Mar 2006
1.8061
9% ▲20 Year
EUR/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 EUR/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