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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/JPY exchange rate has a bearish bias as the New Zealand dollar faces headwinds.

Key drivers include:

  • The Reserve Bank of New Zealand (RBNZ) is likely to cut interest rates, which may weaken the NZD against the JPY.
  • The Japanese yen is supported by a recent interest rate hike from the Bank of Japan (BOJ), reflecting efforts to combat inflation.
  • Japan’s improved business sentiment may strengthen the yen further, while New Zealand's growth outlook remains uncertain.

Near-term, the NZD/JPY is expected to trade within a stable range, just slightly above its current price, given recent data showing a 1.9% increase compared to its three-month average.

An upside risk for the NZD could arise from a significant recovery in New Zealand’s economic growth, while a downside risk may stem from any unexpected interventions by the Japanese government to address yen weakness.

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 =
91.14We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d0.0%⬦
90dHighs◓
NZD to JPY at 91.10 is 2.2% above its 3-month average of 89.13, having traded in a quite stable 6.0% range from 86.19 to 91.40
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  1 JPY = 0.010973 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