Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

NZD to JPY 2025 Forecasts

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

 

Recent forecasts suggest a complex landscape for the NZD/JPY exchange rate, influenced by both local sentiments in New Zealand and broader economic conditions affecting the Japanese yen.

The New Zealand dollar (NZD) recently experienced a decline, primarily driven by a risk-off mood in the markets. Analysts have noted that this risk sensitivity can significantly impact the NZD, especially in the absence of substantial local data releases. Moreover, potential trade disruptions stemming from American tariff policies under a possible second Trump presidency pose further risks to New Zealand's key commodities, likely dampening demand for the currency.

On the other hand, the Japanese yen (JPY) is benefiting from its status as a safe-haven asset amid global economic uncertainties. Geopolitical tensions and trade negotiations have bolstered demand for the yen, as investors flee towards more stable currencies. MUFG Research has set a forecast of 154.00 for the USD/JPY exchange rate in Q1 2025, with expectations of a gradual decline to 148.00 by Q4 2025. However, fluctuations in the USD's strength and potential reassessments following Japan's recent depreciation against the dollar may affect these projections.

Currently, the NZD/JPY rate is around 88.02, marking a 90-day high and 2.5% above its 3-month average of 85.86. This price movement reflects volatility in the market, with the pair trading within an 8.7% range from 80.96 to 88.02. The NZD and JPY are also impacted by market correlations with commodity prices, especially oil. Recently, Brent Crude OIL/USD trades at 68.80 represent a 3.2% gain above its 3-month average of 66.66, having fluctuated in a significant 31.1% range from 60.14 to 78.85. Rising oil prices can indirectly affect the yen through trade balances and economic growth, highlighting the interconnectedness of these markets.

In conclusion, the NZD/JPY exchange rate is currently influenced by a mix of local economic sentiments surrounding the NZD and the JPY’s robust positioning as a safe haven. Investors should remain attentive to ongoing geopolitical developments, trade dynamics, and shifts in commodity prices, all of which could significantly sway exchange rates in the coming months.

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 =
88.47We compare provider deals to this wholesale mid-market rate. Read more
JPY
+0.7%
90d-highs
NZD to JPY is at 90-day highs near 88.36, 2.4% above its 3-month average of 86.29, having traded in a quite stable 5.8% range from 83.54 to 88.36
|
Tracker

Manage Tracker   


  1 JPY = 0.011304 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
27 Jun 2025
87.62
1% 2 Week
12 Apr 2025
83.62
5.8% 3 Month
11 Jul 2024
96.49
8.3% 1 Year
12 Jul 2020
70.27
25.9% 5 Year
14 Jul 2015
82.74
6.9% 10 Year
16 Jul 2005
75.58
17% 20 Year
NZD/JPY historic rates & change to 11-Jul-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/JPY to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

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