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    NZD to THB 2025 Forecasts

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

     

    Forecasts for NZD to THB

     

    Recent forecasts for the NZD to THB exchange rate reflect a complex interplay between global trade policies and regional economic conditions. Analysts indicate that the New Zealand dollar (NZD) is likely to be adversely affected by U.S. President Donald Trump's announcement of a 10% tariff on imports from New Zealand, a measure that also extends to other major economies. This adds to concerns that New Zealand's demand for key commodities may diminish, particularly as the country’s economic health closely aligns with global risk sentiment.

    Market observers note that the NZD has been fluctuating in response to shifts in risk appetite, with expectations that these movements could lead to further depreciation if market sentiment remains weak. Economic experts highlight the correlation between the NZD and the Australian dollar (AUD), suggesting that any downward pressure on one currency may similarly impact the other due to their shared dependence on commodity markets.

    On the Thai baht (THB) front, currency forecasters are also painting a worried picture. The imposition of reciprocal tariffs by the U.S., particularly a 36% tariff on Thai goods, has further strained the outlook for emerging Asian currencies. Analysts have reported a notable decline in the Thai baht, as regional currencies have been negatively influenced by escalating trade tensions and fears of a global trade war, resulting in a 2% drop alongside other currencies like the South Korean won. This backdrop has contributed to a decrease in risk appetite throughout the region, with several central banks cutting interest rates to stimulate growth.

    Recent price data indicates that the NZD to THB exchange rate stands at 19.60, which is only 0.6% above its three-month average of 19.49. The exchange rate has remained relatively stable within a range of 5.4%, fluctuating between 19.02 and 20.04. These figures suggest that, while current exchange levels offer some stability, the potential for volatility remains high.

    Additionally, fluctuations in oil prices, with OIL to USD pricing currently at 65.41—5.0% below its three-month average—could also have implications for both NZD and THB. The oil market's recent volatility, experiencing a range of 27.3%, could influence the broader economic landscape, further affecting both currencies.

    Overall, while the NZD to THB exchange rate shows some stability in the immediate term, the outlook remains precarious due to geopolitical tensions and evolving economic policies. Currency market participants should monitor these developments closely, as they could lead to significant shifts in exchange rates and trading strategies.

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    NZD to THB Market Data

    New Zealand dollar (NZD) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell NZD   →   Buy THB
    1 NZD =
    19.53We compare provider deals to this wholesale mid-market rate. Read more
    THB
    -0.4%
    NZD to THB at 19.57 is just above its 3-month average, having traded in a quite stable 5.4% range from 19.02 to 20.04
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      1 THB = 0.051199 NZD

    Compare & Save - New Zealand dollar to Thai baht

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

    Use our NZD to THB 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 Baht currency rates and the possible savings of using various providers.

     
    DateNZD/THBChangePeriod
    05 May 2025
    19.63
    0.2% 2 Week
    18 Feb 2025
    19.19
    2.1% 3 Month
    19 May 2024
    22.13
    11.4% 1 Year
    20 May 2020
    19.56
    0.2% 5 Year
    22 May 2015
    24.48
    19.9% 10 Year
    24 May 2005
    28.56
    31.4% 20 Year
    NZD/THB historic rates & change to 19-May-2025
     

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    Will the New Zealand dollar rise against the Thai baht?

    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/THB 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.

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    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