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NZD to PHP Forecasts – New Zealand dollar to Philippine peso

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

 

NZD to PHP Forecast & Outlook

02 May 2026 • 01:09 GMT

NZD/PHP 36.14

📊 Forecast snapshot

  • Near-term bias: 🟠 Range-bound, downside bias
  • Expected range: 35.5760 – 36.2100
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟠 Range-bound, downside bias

Currently, NZD/PHP is trading close to recent highs within its three-month range, supported by risk-off sentiment and global volatility. The pair remains supported by risk aversion driving safe-haven currencies, although it is consolidating within its recent range. Near-term conditions suggest the pair may face downward pressure if risk appetite improves and safe-haven demand eases.

💸 Transfer implications

  • Expats: sending money to the Philippines may find fewer favourable rates if the pair declines further.
  • Travellers: exchanging currency might face slightly less advantageous rates if the pair weakens.
  • Businesses: paying PHP invoices could see less favourable exchange rates if NZD continues to weaken.

🧭 Key drivers

  • Rate gap: The NZD/JPY interest rate differential remains uncertain, with no clear divergence impacting the pair.
  • Risk/commodities: Risk-off sentiment supports the Philippine Peso amid global volatility and geopolitical tensions.
  • Global factors: USD strength continues to pressure risk-sensitive currencies, including NZD.

⚠️ What could change it

  • Upside risk: A reduction in risk aversion or a rise in global equity markets could support the pair.
  • Downside risk: Improving global risk sentiment and a stronger NZD policy stance may lead to a further decline in NZD/PHP.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

NZD-PHP Rate Calculator

 
 
   
   
   
   
   
 
 

NZD to PHP Market Data

New Zealand dollar (NZD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell NZD   →   Buy PHP
1 NZD =
36.13We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.2%▼
90dHighs◓
NZD to PHP at 36.14 is 3.2% above its 3-month average of 35.01, having traded in a quite stable 5.5% range from 34.33 to 36.21
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  1 PHP = 0.027675 NZD

Compare & Save - New Zealand dollar to Philippine peso

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

Use our NZD to PHP 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 Peso currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Philippine peso?

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 Philippine peso current value is to look the NZD/PHP historic rate and change over a range of periods.

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

DateNZD/PHPChangePeriod
17 Apr 2026
35.03
3.3% ▲2 Week
31 Jan 2026
35.46
2% ▲3 Month
01 May 2025
33.04
9.5% ▲1 Year
02 May 2021
34.56
4.7% ▲5 Year
03 May 2016
32.52
11.2% ▲10 Year
06 May 2006
33.02
9.5% ▲20 Year
NZD/PHP historic rates & change to 01-May-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/PHP 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