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NZD to PHP 2025 Forecasts

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

 

Recent forecasts indicate a cautious outlook for the New Zealand dollar (NZD) against the Philippine peso (PHP). The NZD has faced downward pressure, largely attributed to a risk-off sentiment in the market, where investors are avoiding the currency ahead of the Reserve Bank of New Zealand's (RBNZ) interest rate decision. Experts warn that any adverse economic implications stemming from potential new tariffs under a possible Trump presidency could further dampen demand for the commodities that underpin NZD’s value.

Currently, the NZD to PHP exchange rate is hovering near 34.05, a 1.3% rise above its three-month average of 33.61. Analysts note that while the NZD has traded within a relatively stable range of 5.2%, from 32.73 to 34.43, the overall market dynamics could shift based on geopolitical developments and monetary policy adjustments. The correlation between NZD and AUD suggests that movements in the Australian dollar may also impact the kiwi’s performance.

On the other hand, the PHP faces its own challenges. The recent imposition of a 17% reciprocal tariff by the US has raised concerns over the peso's stability, as it indicates a tougher trading environment for the Philippines. Analysts at ABN Amro express that the peso may continue to weaken against the USD, particularly looking toward 2025 due to deteriorating external balances and an overvalued currency.

Additionally, the political uncertainty following the recent arrest of former president Rodrigo Duterte could add to the economic complexities. The upcoming mid-term elections may exacerbate volatility, although typically, such elections do not lead to significant policy shifts.

Overall, as forecasters monitor these developments, the future trajectory of the NZD to PHP exchange rate will likely depend on both the outcomes of monetary policy decisions and broader geopolitical tensions affecting trade dynamics. Stakeholders should remain vigilant and consider these factors for their international transaction strategies.

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 =
34.38We compare provider deals to this wholesale mid-market rate. Read more
PHP
+0.1%
30d-highs
NZD to PHP is at 30-day highs near 34.34, 2.1% above its 3-month average of 33.64, having traded in a quite stable 5.2% range from 32.73 to 34.43
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  1 PHP = 0.029087 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
11 Jul 2025
33.95
0.9% 2 Week
26 Apr 2025
33.56
2.1% 3 Month
25 Jul 2024
34.52
0.8% 1 Year
26 Jul 2020
32.78
4.5% 5 Year
28 Jul 2015
30.58
12% 10 Year
30 Jul 2005
38.32
10.6% 20 Year
NZD/PHP historic rates & change to 25-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/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