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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 rate is likely to decrease as it is currently trading near 14-day lows, significantly below its 3-month average. The ongoing geopolitical tensions in the Eurozone add pressure on the euro.

Key drivers:

• Rate gap: The European Central Bank's caution on policy adjustments contrasts with the stable, lower rates in New Zealand, weakening the euro.

• Risk/commodities: Rising oil prices, currently at much higher levels than average, contribute to inflationary risks for the Eurozone, negatively impacting the euro.

• One macro factor: Recent U.S. tariff reductions on New Zealand exports may bolster the NZD, providing additional support for it against the euro.

Range:

Expect the EUR/NZD to hold within its recent trading range, potentially testing lower extremes.

What could change it:

• Upside risk: A significant decrease in oil prices could ease inflation pressures on the euro.

• Downside risk: Any escalation in geopolitical tensions could further weaken the euro against 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 =
1.9598We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.6%▼
14dLows◒
EUR to NZD is at 14-day lows near 1.9593, 2.0% below its 3-month average of 1.9986, having traded in a quite stable 4.5% range from 1.9522 to 2.0406
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  1 NZD = 0.5103 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
19 Feb 2026
1.9714
0.6% ▼2 Week
05 Dec 2025
2.0158
2.8% ▼3 Month
05 Mar 2025
1.8845
3.9% ▲1 Year
06 Mar 2021
1.6623
17.8% ▲5 Year
07 Mar 2016
1.6212
20.8% ▲10 Year
10 Mar 2006
1.8536
5.7% ▲20 Year
EUR/NZD historic rates & change to 05-Mar-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