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

NZD to JPY Forecasts – New Zealand dollar to Japanese yen

Latest NZD to JPY forecasts including bank predictions, key market drivers and recent trends for NZD/JPY. See where analysts expect the pair to move and the factors likely to influence it.

 

NZD to JPY Forecast & Outlook

18 Apr 2026 • 01:01 GMT

NZD/JPY 93.30

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 93.1310 – 94.7900
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, NZD/JPY is trading close to the 3-month average within a narrow range, supported by risk-off sentiment and elevated energy prices. Over the next few sessions, the pair may remain sensitive to shifts in risk appetite, with downside pressures likely if global tensions escalate further.

💸 Transfer implications

  • Expats: sending money to Japan may face less favourable conditions if NZD weakens further.
  • Travellers: exchanging JPY abroad could become slightly less advantageous if the pair declines.
  • Businesses: paying Japanese Yen invoices with NZD could see conditions become less favourable if current trends persist.

🧭 Key drivers

  • Rate gap: The rate gap remains uncertain, with potential for Japanese policy to support Yen amid intervention risks.
  • Risk/commodities: Global geopolitical tensions and energy prices underpin risk-off flows, pressuring risk-sensitive currencies.
  • Global factors: Elevated energy prices and geopolitical tensions sustain risk-off sentiment, influencing JPY strength.

⚠️ What could change it

  • Upside risk: A reduction in geopolitical tensions or energy price declines could support a recovery in NZD/JPY.
  • Downside risk: Further escalation of global tensions or energy shocks could deepen JPY support, pressuring the pair.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs.

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 =
93.74We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d+0.2%▲
NZD to JPY is at 60-day highs near 94.18, 1.4% above its 3-month average of 92.89, having traded in a quite stable 4.3% range from 90.87 to 94.79
|
Tracker

Manage Tracker   

  1 JPY = 0.010667 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
09 Apr 2026
93.08
0.9% ▲2 Week
23 Jan 2026
92.66
1.3% ▲3 Month
23 Apr 2025
85.21
10.2% ▲1 Year
24 Apr 2021
77.59
21% ▲5 Year
25 Apr 2016
76.38
22.9% ▲10 Year
28 Apr 2006
72.33
29.8% ▲20 Year
NZD/JPY historic rates & change to 23-Apr-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.

 
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