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
The exchange rate forecast for the New Zealand dollar (NZD) against the Thai baht (THB) indicates potential volatility ahead, primarily influenced by geopolitical developments and regional economic conditions. Analysts note that the NZD has recently weakened, affected by U.S. tariffs imposed by President Donald Trump on imports from New Zealand and other nations. The market sentiment remains fragile as Trump's policies are expected to dampen demand for key commodities, which could further impact the NZD as New Zealand's economy relies heavily on commodity exports.
The correlation between the NZD and the Australian dollar (AUD) has been significant, with the NZD also declining following recent announcements from the Reserve Bank of Australia. This correlation suggests that movements in the AUD will likely continue to influence the NZD. Current trade figures from New Zealand may affect exchange rates in the near term, as fluctuating risk appetite in the global market could introduce additional instability.
On the Thai side, the baht faces negative pressure due to reciprocal tariffs imposed by the U.S. on Thai goods, which are expected to worsen the outlook for emerging Asian currencies. Market sentiments in the region have turned sour, with many Asian currencies, including the THB, having slipped about 2% recently as fears surrounding a possible global trade war escalate. Economists are cautious about the prospects for the THB in light of these developments.
The current exchange rate of NZD to THB stands at 19.54, which is close to its three-month average, trading within a relatively stable range of 5.4% from 19.02 to 20.04. The stability in this rate is notable given the global economic pressures at play. Furthermore, fluctuations in oil prices, which have seen Brent Crude OIL/USD at 64.78—4.8% below its three-month average of 68.05—can also impact regional currencies including the THB, given Thailand's reliance on oil imports.
Overall, analysts suggest that both NZD and THB may continue to be influenced by external economic pressures and regional risks, with the potential for further adjustments in their exchange rates in response to ongoing trade negotiations and changes in global market sentiment.
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.
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.
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