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NZD to CAD 2025 Forecasts

Analysis of recent kiwi → loonie forecasts for 2025. We collate forecasts from respected FX analysts together with the latest New Zealand dollar to Canadian dollar performance and trends.

 

The recent forecasts for the NZD to CAD exchange rate indicate a challenging landscape for both currencies, influenced by domestic economic conditions and global market dynamics.

The New Zealand dollar (NZD) has been struggling to gain traction, largely due to economic concerns and a surprising 50 basis point rate cut by the Reserve Bank of New Zealand (RBNZ) on October 8, 2025. This cut, aimed at stimulating a sluggish economy, has led to expectations of continued monetary easing and a depreciation of the NZD, as noted by analysts tracking New Zealand's economic indicators. With market-moving data sparse, the NZD is anticipated to remain sensitive to risk sentiment dynamics, which could limit its upward momentum.

Conversely, the Canadian dollar (CAD) faces its own set of challenges. The loonie has weakened amid expectations of future rate cuts from the Bank of Canada (BoC) and ongoing instability in oil prices, a key driver for the CAD given Canada's significant oil exports. Recent forecasts indicate that a disappointing business barometer alongside wider trade deficits could further pressure the currency. Analysts have pointed to how lower oil prices—currently trading at approximately $61.29 per barrel, significantly below the three-month average—could dampen the CAD’s appeal in the near term.

Recent price data shows the NZD/CAD stands at 0.8024, which is 1.4% below its three-month average of 0.8136, indicating relative stability within a narrow range. However, traders must be cautious, as both currencies are susceptible to broader economic trends, fuel price shifts, and geopolitical tensions.

Overall, the outlook remains uncertain for the NZD/CAD exchange rate as continuous shifts in monetary policy and economic forecasts could lead to increased volatility. Market analysts suggest close monitoring of key upcoming economic reports and global oil price movements to navigate potential fluctuations in this currency pair.

NZD-CAD Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to CAD Market Data

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

 
Sell NZD   →   Buy CAD
1 NZD =
0.8027We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.3%
NZD to CAD at 0.8024 is 1.4% below its 3-month average of 0.8136, having traded in a very stable 3.1% range from 0.8016 to 0.8268
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Compare & Save - New Zealand dollar to Canadian dollar

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

Use our NZD to CAD 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 Loonie currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Canadian 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 Canadian dollar current value is to look the NZD/CAD historic rate and change over a range of periods.

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

DateNZD/CADChangePeriod
03 Oct 2025
0.8145
1.3% 2 Week
19 Jul 2025
0.8189
1.8% 3 Month
17 Oct 2024
0.8361
3.8% 1 Year
18 Oct 2020
0.8722
7.8% 5 Year
20 Oct 2015
0.8763
8.3% 10 Year
22 Oct 2005
0.8282
2.9% 20 Year
NZD/CAD historic rates & change to 17-Oct-2025

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/CAD 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