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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:

Slightly positive, but likely to move sideways, given that the rate is above its recent average but lacks a clear driver.

Key drivers:

• Rate gap: The Reserve Bank of New Zealand (RBNZ) is signaling potential interest rate cuts, while the European Central Bank (ECB) is maintaining rates, which supports the NZD against the EUR.

• Risk/commodities: High dairy prices are enhancing New Zealand's export income, supporting the currency despite recent volatility.

• Macro factor: The ongoing conflict between Russia and Ukraine continues to weigh on the euro, contributing to its weakness.

Range:

Movement is expected to hold within the recent range, reflecting stability.

What could change it:

• Upside risk: A shift in the RBNZ's monetary policy toward tightening could boost the NZD.

• Downside risk: Escalation of geopolitical tensions could further weaken the euro and impact the NZD negatively.

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 =
0.5076We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d+0.2%▲
 
NZD to EUR is at 7-day highs near 0.5104, 2.5% above its 3-month average of 0.4977, having traded in a quite stable 5.6% range from 0.4850 to 0.5122
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Tracker

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  1 EUR = 1.9702 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