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NZD to JPY 2026 Forecasts

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

 

NZD/JPY Outlook:

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

Key drivers:

• Rate gap: The Reserve Bank of New Zealand is signalling potential interest rate cuts to stimulate growth, while the Bank of Japan has recently raised rates to combat inflation, creating a divergence between the two currencies.

• Risk/commodities: With oil prices currently above average, this supports the New Zealand dollar, known for its commodity-driven economy.

• One macro factor: High dairy prices are bolstering New Zealand's export income, which is essential for the NZD’s stability.

Range:

Expect movement within the recent 3-month range, with the rate likely holding firm for now.

What could change it:

• Upside risk: A stronger global risk appetite could boost the NZD further.

• Downside risk: Renewed trade tensions or negative economic data from New Zealand could weigh on the NZD.

NZD-JPY Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to JPY Market Data

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

 
Sell NZD   →   Buy JPY
1 NZD =
92.21We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d+0.3%▲
 
NZD to JPY at 92.61 is 1.6% above its 3-month average of 91.18, having traded in a fairly volatile 8.1% range from 87.70 to 94.79
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  1 JPY = 0.010845 NZD

Compare & Save - New Zealand dollar to Japanese yen

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

Use our NZD to JPY 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 Yen currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Japanese yen?

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 Japanese yen current value is to look the NZD/JPY historic rate and change over a range of periods.

The following table looks at the change in the NZD to JPY 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/JPY 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