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EUR to NZD 2026 Forecasts

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:

Bearish, as the rate is below its recent average and near recent lows amid pressure from a weaker NZD and ECB decisions.

Key drivers:

• Rate gap: The European Central Bank's decision to maintain interest rates contrasts with expectations for potential rate cuts by the Reserve Bank of New Zealand, favoring the EUR.

• Risk/commodities: The recent increase in oil prices may offer slight support to the NZD, but overall risk sentiment remains shaky due to labor market concerns.

• One macro factor: The NZD is facing pressure following an unexpected rise in unemployment, which has raised concerns about economic momentum in New Zealand.

Range:

The EUR/NZD is expected to drift within its recent range, facing challenges to test higher levels.

What could change it:

• Upside risk: A surprise decision by the RBNZ to delay interest rate cuts could strengthen the NZD.

• Downside risk: Continued deterioration in New Zealand's labor market could lead to further losses for 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 =
1.9647We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.6%▼
 
EUR to NZD at 1.9647 is 2.7% below its 3-month average of 2.0197, having traded in a quite stable 5.6% range from 1.9522 to 2.0619
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  1 NZD = 0.5090 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.

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