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Currency outlook NZD/AUD

NZD to AUD Forecasts – New Zealand dollar to Australian dollar

Latest NZD to AUD forecasts including bank predictions, key market drivers and recent trends for NZD/AUD. See where analysts expect the pair to move and the factors likely to influence it.

NZD to AUD Forecast & Outlook

24 Jul 2026 • 00:26 GMT

NZD/AUD 0.8284

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.8230 – 0.8370
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🟢 Uptrend

Currently, NZD/AUD is trading near its 14-day lows, supported by the rate differential favoring the Australian Dollar and cautious global risk sentiment. Over the next few sessions, the pair may remain under pressure if risk-off conditions persist, limiting upside potential and maintaining the current near-highs.

💸 Transfer implications

  • Expats: sending money to Australia may face less favourable conditions if NZD continues to weaken.
  • Travellers: buying AUD may be marginally less advantageous if the pair stays supported by risk aversion.
  • Businesses: paying overseas AUD invoices with NZD could become less favourable if the pair declines further.

🧭 Key drivers

  • Rate gap: RBNZ's hawkish stance and rate hikes support the NZD, but the gap is narrowing with the RBA.
  • Risk/commodities: global risk-off sentiment is supporting safe havens, pressuring risk-sensitive currencies like the NZD.
  • Global factors: cautious risk environment and steady commodity prices keep risk appetite limited, weighing on NZD strength.

⚠️ What could change it

  • Upside risk: a shift to risk-on sentiment or a pause in rate hikes could lend support to the NZD.
  • Downside risk: a sharper escalation in risk aversion or global economic slowdown may deepen NZD weakness and strengthen the AUD.

BER suggests comparing FX providers to help offset less favourable exchange conditions, and shopping around for the lowest margins may help reduce overall transfer costs.

 

AUDNZD Bank Forecasts to end of the year

The long-term outlook for AUDNZD is mixed, with forecasts suggesting some stability but with differing views on end-of-year targets. Bank of America anticipates AUDNZD rising to 1.20 by mid-2026, indicating an upward trend largely due to expected NZD weakness and rate differentials. Meanwhile, UBS has a more conservative outlook, setting its year-end target at 1.1400. NAB further expects a gradual easing in the pair towards 1.13-1.11 by the end of 2026.

Big bank views

  • Bank of America expects AUDNZD to reach 1.20 by mid-2026, driven by NZD downside risks.
  • UBS targets 1.1400 for end-2025, highlighting stronger AUD fundamentals.
  • NAB forecasts a gradual decline to 1.13-1.11 by end-2026, implying slight easing.

What could change the outlook

  • Further changes in interest rate policies between the RBA and RBNZ could alter the projected rate differentials.
  • Shifts in global economic conditions impacting commodity prices and trade balances may influence AUD and NZD strength.
 

NZD-AUD Rate Calculator

 
 
   
   
   
   
   
 
 

NZD to AUD Market Data

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

 
Sell NZD   →   Buy AUD
1 NZD =
0.8284We compare provider deals to this wholesale mid-market rate. Read more
AUD
1d−0.3%▼
NZD to AUD is at 14-day lows near 0.8284, just 0.6% above its 3-month average of 0.8238, having traded in a very stable 2.8% range from 0.8143 to 0.8373
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  1 AUD = 1.2071 NZD

Compare & Save - New Zealand dollar to Australian dollar

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

Use our NZD to AUD 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 Kiwi to Aussie currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Australian dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the New Zealand dollar vs Australian dollar current value is to look the NZD/AUD historic rate and change over a range of periods.

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

DateNZD/AUDChangePeriod
10 Jul 2026
0.8284
0% ▲2 Week
25 Apr 2026
0.8230
0.7% ▲3 Month
24 Jul 2025
0.9152
9.5% ▼1 Year
25 Jul 2021
0.9477
12.6% ▼5 Year
26 Jul 2016
0.9402
11.9% ▼10 Year
29 Jul 2006
0.8075
2.6% ▲20 Year
NZD/AUD historic rates & change to 24-Jul-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 NZD/AUD 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