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NZD to CAD Forecasts – New Zealand dollar to Canadian dollar

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

 

NZD to CAD Forecast & Outlook

21 Mar 2026 • 00:49 GMT

NZD/CAD 0.8017

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 0.7900 – 0.8030
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, NZD/CAD is trading near the 3-month average, holding within its recent range and supported by ongoing risk-off sentiment. Over the next few sessions, the pair may remain supported by the current risk environment but could face pressure if global risk conditions improve.

💸 Transfer implications

  • Expats: sending money to Canada: conditions may be more favourable than recent levels if the pair steadies or rises.
  • Travellers: buying CAD foreign cash: current levels are relatively weak but could strengthen if NZD/CAD rises.
  • Businesses: paying CAD invoices: conditions are broadly stable but could soften if the pair declines.

🧭 Key drivers

  • Rate gap: NZD and CAD remain close with no immediate policy moves, maintaining a neutral yield gap.
  • Risk/commodities: global risk-off flows and commodities support risk-sensitive currencies like NZD and CAD, keeping the pair within its recent range.
  • Global factors: commodity prices, especially oil, remain a key driver, with oil prices above $110 a barrel supporting CAD.

⚠️ What could change it

  • Upside risk: a further deterioration in global risk sentiment could support the pair if safe-haven demand remains strong.
  • Downside risk: clearing global risks or a rebound in risk appetite could weaken NZD/CAD more.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

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 =
0.8018We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.7%▼
 
NZD to CAD at 0.8017 is just 0.7% below its 3-month average of 0.8077, having traded in a quite stable 4.6% range from 0.7896 to 0.8257
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  1 CAD = 1.2472 NZD

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
06 Mar 2026
0.8009
0.9% ▲2 Week
20 Dec 2025
0.7940
1.8% ▲3 Month
20 Mar 2025
0.8253
2.1% ▼1 Year
21 Mar 2021
0.8957
9.8% ▼5 Year
22 Mar 2016
0.8806
8.3% ▼10 Year
25 Mar 2006
0.7129
13.3% ▲20 Year
NZD/CAD historic rates & change to 20-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 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