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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.

 

The exchange rate between the New Zealand dollar (NZD) and the Thai baht (THB) has recently seen significant fluctuations, with the NZD trading at 90-day lows near 19.09, which is 2.3% below its three-month average of 19.54. Analysts highlight that the NZD has been affected by mixed market sentiment and broader risk appetite, influenced in part by developments surrounding US-China trade tensions.

Recent consumer confidence figures from New Zealand could lend support to the NZD if they indicate an improvement in economic morale. However, ongoing geopolitical uncertainties, particularly the potential for new tariffs under a possible Trump presidency, could dampen demand for key commodities essential to the NZD. Since the NZD and AUD often move in tandem due to their geographic and commodity market dependencies, any weakness in the Australian dollar may further affect the kiwi’s performance.

The THB is similarly impacted by international developments, particularly with the US imposing a 36% reciprocal tariff on goods from Thailand. This escalates concerns over a broader trade war and has contributed to a negative outlook for emerging Asian currencies, including the THB. Recent data shows Thai baht weakening alongside other regional currencies, which have dropped about 2% in response to the trade climate.

Additionally, fluctuations in oil prices can affect the THB, with current prices at $69.67, representing a 2.5% increase above its three-month average of $67.98. The volatility in oil prices, which have swung within a 31.1% range from $60.14 to $78.85, is a crucial factor for trade balance and currency valuation.

Overall, currency experts suggest that continued geopolitical tensions and market risk sentiment will play a vital role in shaping the NZD/THB exchange rate in the coming weeks. Individuals and businesses involved in international transactions should monitor these developments closely to optimize their currency exchange strategies.

NZD-THB Rate Calculator

 
   
   
   
   
 
   
 
 

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 =
19.15We compare provider deals to this wholesale mid-market rate. Read more
THB
+0.7%
90d-lows
NZD to THB at 19.20 is 1.6% below its 3-month average of 19.52, having traded in a very stable 3.8% range from 19.07 to 19.79
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  1 THB = 0.052222 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.

 
 

Will the New Zealand dollar rise against the Thai baht?

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 Thai baht current value is to look the NZD/THB historic rate and change over a range of periods.

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

DateNZD/THBChangePeriod
18 Jul 2025
19.31
0.1% 2 Week
03 May 2025
19.70
2% 3 Month
01 Aug 2024
21.13
8.7% 1 Year
02 Aug 2020
20.75
7% 5 Year
04 Aug 2015
22.93
15.8% 10 Year
06 Aug 2005
28.47
32.2% 20 Year
NZD/THB historic rates & change to 01-Aug-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/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.

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