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NZD to EUR 2026 Forecasts

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

 

NZD/EUR Outlook: The outlook for NZD/EUR is likely to increase as the rate is currently above its recent average and near recent highs, supported by strengthening NZD amid improved market conditions.

Key drivers:

• Rate gap: The Reserve Bank of New Zealand has implemented rate cuts to stimulate growth, while the European Central Bank is maintaining a cautious monetary policy stance, creating a favorable gap for the NZD.

• Risk/commodities: Oil prices are currently high, which enhances NZD value due to New Zealand's commodity export links, while the EUR bears the effects of external pressures, including the ongoing war in Ukraine.

• One macro factor: Despite a positive market mood, recent data indicating a contraction in New Zealand’s private sector may hinder sustained NZD gains.

Range: Expect the NZD/EUR to hold its current position within its recent 3-month range, with possible attempts to test the higher end.

What could change it:

• Upside risk: A significant recovery in New Zealand’s economic data could further boost the NZD.

• Downside risk: Renewed economic challenges or geopolitical tensions affecting the Eurozone could weigh down the EUR, impacting the pair.

NZD-EUR Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to EUR Market Data

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

 
Sell NZD   →   Buy EUR
1 NZD =
0.5040We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.3%▼
 
NZD to EUR at 0.5016 is 1.7% above its 3-month average of 0.4934, having traded in a very stable 3.7% range from 0.4850 to 0.5031
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  1 EUR = 1.9843 NZD

Compare & Save - New Zealand dollar to Euro

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

Use our NZD to EUR 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 Euro currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Euro?

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 Euro current value is to look the NZD/EUR historic rate and change over a range of periods.

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

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/EUR 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