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NZD to INR 2025 Forecasts

Analysis of recent kiwi → rupee forecasts for 2025. We collate forecasts from respected FX analysts together with the latest New Zealand dollar to Indian rupee performance and trends.

 

The New Zealand dollar (NZD) has encountered challenges recently, influenced primarily by a significant public sector strike. This unrest has weakened market confidence in the NZD, which has been shown to have direct links to investor sentiment rather than specific domestic economic data. As a result, the NZD has been trading consistently below its recent average.

Recent economic indicators show New Zealand's inflation rate reached 3% in Q3 2025, which is at the upper limit of the Reserve Bank of New Zealand's (RBNZ) target range. This increase is largely attributed to rising costs in electricity, rent, and taxes. In response to economic pressures, the RBNZ cut the official cash rate by 50 basis points, a move that aims to support growth amid weaker economic conditions. Experts suggest that this monetary policy adjustment may place additional downward pressure on the NZD, maintaining it below the 3-month average of 51.56 against the Indian rupee (INR).

On the other hand, the Indian rupee has displayed resilience following market intervention by the Reserve Bank of India (RBI), which sold between $3 billion to $5 billion to stabilize the currency against external pressures, including rising gold imports and tariffs from the U.S. This intervention led to a significant appreciation in the rupee, with notable shifts in market sentiment favoring the INR.

Compounding this situation are ongoing trade tensions between the U.S. and India, which have sparked concerns around export tariffs and their effects on the INR's strength. However, strengthened market demand for rupee call options indicates a potentially stabilizing trend for the currency going forward.

Currently, the NZD to INR exchange rate is at 50.49, which is 2.1% below the three-month average, having fluctuated in a stable range from 50.27 to 52.76. Currency analysts suggest that unless there are significant shifts in either the local economic landscape or market sentiment, the NZD may continue to experience downward pressure against the INR.

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NZD to INR Market Data

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

 
Sell NZD   →   Buy INR
1 NZD =
51.03We compare provider deals to this wholesale mid-market rate. Read more
INR
14dHighs
1d−0.2%
NZD to INR at 50.93 is 1.1% below its 3-month average of 51.51, having traded in a quite stable 5.0% range from 50.27 to 52.76
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  1 INR = 0.019598 NZD

Compare & Save - New Zealand dollar to Indian rupee

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

Use our NZD to INR 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 Rupee currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Indian rupee?

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 Indian rupee current value is to look the NZD/INR historic rate and change over a range of periods.

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

DateNZD/INRChangePeriod
15 Oct 2025
50.19
1.8% 2 Week
31 Jul 2025
51.51
0.9% 3 Month
29 Oct 2024
50.19
1.8% 1 Year
30 Oct 2020
49.35
3.5% 5 Year
01 Nov 2015
44.28
15.3% 10 Year
03 Nov 2005
31.28
63.3% 20 Year
NZD/INR historic rates & change to 29-Oct-2025

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/INR 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