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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.

 

The NZD to JPY exchange rate is currently range-bound. Key drivers include:

  • A weakening New Zealand dollar due to expectations of rate cuts by the Reserve Bank of New Zealand (RBNZ), contrasted with a recent interest rate hike by the Bank of Japan (BOJ).
  • Mixed economic outlooks for both countries, where Japan shows improved business sentiment while New Zealand’s growth appears limited despite some positive GDP figures.
  • Ongoing volatility in oil prices, with current levels significantly lower than the three-month average, which can affect both currencies indirectly through trade and energy costs.

In the near term, the exchange rate is likely to trade within a stable range above recent averages, but volatility may persist. One upside risk is a stronger-than-expected recovery in New Zealand’s export performance, while a downside risk is a potential slowdown in Japan’s economy that could affect the JPY’s strength.

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 =
90.19We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d−0.1%▼
 
NZD to JPY is at 14-day lows near 90.20, 1.6% above its 3-month average of 88.79, having traded in a relatively stable 6.2% range from 86.10 to 91.40
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  1 JPY = 0.011088 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.

DateNZD/JPYChangePeriod
25 Dec 2025
91.10
0.8% ▼2 Week
10 Oct 2025
86.50
4.5% ▲3 Month
08 Jan 2025
88.66
1.9% ▲1 Year
09 Jan 2021
75.31
20% ▲5 Year
11 Jan 2016
77.20
17.1% ▲10 Year
13 Jan 2006
79.65
13.5% ▲20 Year
NZD/JPY historic rates & change to 08-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/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