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NZD to CAD Rates - 2026 Forecast

Analysis of recent kiwi → loonie forecasts for 2026. We collate forecasts from respected FX analysts together with the latest New Zealand dollar to Canadian dollar performance and trends.

 

NZD/CAD Outlook:

The New Zealand dollar (NZD) is currently trading above its recent average and is near the higher end of its 3-month range, suggesting a slightly positive outlook. However, lack of strong directional drivers may keep it fluctuating.

Key drivers:

• Rate gap: The Reserve Bank of New Zealand maintains a hawkish stance with a higher cash rate, while the Bank of Canada has cut its rate, impacting the NZD more positively against the CAD.

• Risk/commodities: Rising oil prices are bolstering the Canadian dollar, influencing the exchange rate as oil remains a key export for Canada.

• One macro factor: Mixed employment data in New Zealand is adding uncertainty, with a slight increase in the unemployment rate indicating softer labor market conditions.

Range:

The NZD/CAD is expected to likely drift within its recent range due to the mixed signals from both currencies.

What could change it:

• Upside risk: A significant improvement in New Zealand's trade figures could boost the NZD.

• Downside risk: A rise in Canadian consumer spending data could strengthen the CAD against the NZD.

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 =
0.8170We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.2%
30dLows
NZD to CAD at 0.8173 is 1.3% above its 3-month average of 0.8066, having traded in a quite stable 4.6% range from 0.7896 to 0.8257
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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
11 Feb 2026
0.8211
0.4% 2 Week
27 Nov 2025
0.8035
1.8% 3 Month
25 Feb 2025
0.8195
0.2% 1 Year
26 Feb 2021
0.9215
11.2% 5 Year
28 Feb 2016
0.8944
8.5% 10 Year
02 Mar 2006
0.7540
8.5% 20 Year
NZD/CAD historic rates & change to 25-Feb-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