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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

18 Jul 2026 • 00:26 GMT

NZD/AUD 0.8369

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.8220 – 0.8370
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: ⚪ Range-bound

Currently, NZD/AUD is trading close to 90-day highs at 0.8369, well above its 3-month average. The pair is supported by the rate differential, with the RBNZ hawkish signals boosting the NZD, while the RBA’s cautious stance keeps the AUD subdued. Over the next few sessions, the pair may remain supported by risk-off sentiment and global risk aversion, but near-term conditions suggest it could face some pressure if global trade tensions ease.

💸 Transfer implications

  • Expats: sending money to Australia may find current levels less favourable than recent, as NZD could weaken.
  • Travellers: buying AUD may see slightly less favourable rates if the pair declines.
  • Businesses: paying AUD invoices with NZD might find current conditions more supportive than recent, but could encounter downward pressure if the pair weakens.

🧭 Key drivers

  • Rate gap: NZD’s recent strength is underpinned by a hawkish RBNZ, widening the yield gap over the RBA.
  • Risk/commodities: Global risk-off flows support safe havens, pressuring risk-sensitive currencies like the NZD.
  • Global factors: Geopolitical tensions and trade uncertainties sustain risk-off sentiment, impacting currency flows.

⚠️ What could change it

  • Upside risk: A sudden shift towards risk appetite could strengthen the NZD if trade tensions ease.
  • Downside risk: A rapid global risk aversion increase or easing of the rate differential may weaken NZD further.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs. Comparing FX providers can offset less favourable exchange conditions, and finding providers with lower margins reduces total 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 =
0.8373We compare provider deals to this wholesale mid-market rate. Read more
AUD
1d+0.2%▲
90dHighs◓
NZD to AUD is at 90-day highs near 0.8369, 1.7% above its 3-month average of 0.8233, having traded in a very stable 2.8% range from 0.8143 to 0.8369
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  1 AUD = 1.1943 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
03 Jul 2026
0.8235
1.6% ▲2 Week
18 Apr 2026
0.8196
2% ▲3 Month
17 Jul 2025
0.9147
8.6% ▼1 Year
18 Jul 2021
0.9465
11.6% ▼5 Year
19 Jul 2016
0.9390
10.9% ▼10 Year
22 Jul 2006
0.8290
0.9% ▲20 Year
NZD/AUD historic rates & change to 17-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