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NZD to MYR 2025 Forecasts

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

 

The NZD to MYR exchange rate has recently experienced some volatility, trading at 2.4284, which is 1.9% below its three-month average of 2.475. Analysts have noted that the NZD is currently facing downward pressure largely due to a significant ‘mega strike’ by public sector workers in New Zealand, affecting market sentiment and investment. The New Zealand dollar's movement is expected to be closely linked to broader market risk sentiment in the absence of any substantial domestic data.

Recent developments in New Zealand's economy further complicate the outlook. Inflation reached 3.0% in the third quarter of 2025, sitting at the upper limit of the Reserve Bank of New Zealand’s target range, driven by rising costs in essential sectors. In response to economic challenges, the RBNZ has cut the official cash rate by 50 basis points to 2.5%, with projections for inflation to ease around 2% by mid-2026. Additionally, the easing of home lending rules is seen as a move to stimulate the housing market, particularly as house prices have stabilized.

Conversely, the MYR has exhibited resilience, bolstered by strong economic fundamentals and ongoing foreign direct investment. The U.S. Federal Reserve's rate cuts have resulted in a weaker U.S. dollar, supporting the Malaysian ringgit's value. Malaysia's third-quarter trade surplus demonstrates robust export performance, further enhancing investor confidence in the MYR. Bank Negara Malaysia's decision to maintain the Overnight Policy Rate at 3.00% indicates a cautious yet stable monetary policy approach, considering external economic uncertainties.

In terms of oil prices, which can significantly influence the MYR, the recent Brent Crude OIL/USD price has reached 14-day highs near 65.94, though it remains slightly below the three-month average. The volatility observed in oil prices, which have shifted in a 20.4% range recently, adds another layer of complexity to the MYR's performance.

Overall, given the current economic conditions and trends, analysts suggest that the NZD may continue to struggle against the MYR, particularly if market sentiment remains cautious. Businesses and individuals engaged in international transactions should consider these factors when planning exchanges, as the outlook suggests potential continued depreciation for the NZD in the near term.

NZD-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to MYR Market Data

New Zealand dollar (NZD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell NZD   →   Buy MYR
1 NZD =
2.4257We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d+0.2%
NZD to MYR at 2.4333 is 1.6% below its 3-month average of 2.4728, having traded in a quite stable 5.0% range from 2.4175 to 2.5393
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  1 MYR = 0.4122 NZD

Compare & Save - New Zealand dollar to Malaysian ringgit

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

Use our NZD to MYR 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 Ringgit currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Malaysian ringgit?

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 Malaysian ringgit current value is to look the NZD/MYR historic rate and change over a range of periods.

The following table looks at the change in the NZD to MYR exchange rate over periods from the previous week back to the last 10 years.

DateNZD/MYRChangePeriod
13 Oct 2025
2.4162
0.4% 2 Week
29 Jul 2025
2.5218
3.8% 3 Month
27 Oct 2024
2.5947
6.5% 1 Year
28 Oct 2020
2.7635
12.2% 5 Year
30 Oct 2015
2.9007
16.4% 10 Year
01 Nov 2005
2.6371
8% 20 Year
NZD/MYR historic rates & change to 27-Oct-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/MYR 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