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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.

 

The NZD to EUR exchange rate is currently range-bound, trading near its three-month average.

Key drivers include the Reserve Bank of New Zealand (RBNZ) maintaining a cautious stance on interest rates, with projections suggesting potential cuts in the near future. Additionally, the European Central Bank (ECB) has taken a dovish approach, signaling concerns about the euro's strength potentially hindering inflation control. The eurozone's expected economic growth may provide some support for the EUR, while elevated global market uncertainties keep the NZD under pressure.

In the near term, the NZD/EUR market is likely to remain within a stable range. Upside risks could stem from a positive shift in New Zealand's trade figures, while downside risks may arise from further deterioration in global risk sentiment or negative economic data from Europe. Oil prices trading at recent lows may also impact the euro's performance indirectly through global economic sentiment.

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 =
0.4947We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d+0.2%▲
 
NZD to EUR is at 7-day highs near 0.4949, just above its 3-month average, having traded in a very stable 2.6% range from 0.4850 to 0.4976
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  1 EUR = 2.0216 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.

DateNZD/EURChangePeriod
23 Dec 2025
0.4954
0.3% ▼2 Week
08 Oct 2025
0.4973
0.6% ▼3 Month
06 Jan 2025
0.5430
9% ▼1 Year
07 Jan 2021
0.5922
16.6% ▼5 Year
09 Jan 2016
0.5989
17.5% ▼10 Year
11 Jan 2006
0.5741
13.9% ▼20 Year
NZD/EUR historic rates & change to 06-Jan-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/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