Recent forecasts for the NZD to FJD exchange rate indicate a mixed outlook influenced by various economic developments in both countries. Analysts observed that the New Zealand dollar (NZD) has shown fluctuations stemming from disappointing domestic economic indicators, particularly a rise in the unemployment rate to 5.3% and an unexpected 50 basis point cut by the Reserve Bank of New Zealand (RBNZ) in October 2025. These developments raised concerns about economic growth and stability, impacting the overall sentiment towards the NZD.
Despite the recent challenges, some analysts suggest that positive manufacturing PMI figures could support a recovery in the NZD. Current trading data has the NZD to FJD exchange rate near 1.2926, at 7-day highs but still 1.7% below its 3-month average of 1.3145. The rate has traded in a stable range recently, which indicates some resilience, yet still reflects the uncertainty in the New Zealand economy.
On the other hand, developments in Fiji have shown some positive momentum, especially with the reduction of tariffs on Fijian exports by the US, enhancing the competitiveness of Fijian goods. Growth forecasts by the Reserve Bank of Fiji have been adjusted to 3.2%, slightly lower than previous estimates but still indicating a stable outlook, which could potentially strengthen the Fijian dollar (FJD).
Given the current market dynamics, currency forecasters suggest that the NZD may face headwinds due to domestic economic pressures, while the FJD could benefit from improved external trade conditions. Investors and businesses engaged in international transactions should consider these factors when planning dealings involving the NZD and FJD.
