Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

NZD to ZAR 2026 Forecasts

Analysis of recent kiwi → rand forecasts for 2026. We collate forecasts from respected FX analysts together with the latest New Zealand dollar to South African rand performance and trends.

 

Bias: Bearish-to-range-bound, as the NZD is currently below the 90-day average and in the lower half of the 3-month range.

Key drivers:

• Rate gap: The Reserve Bank of New Zealand's recent rate cuts are weakening the NZD compared to the South African Reserve Bank's shift towards a more accommodative policy.

• Risk/commodities: With oil prices above average, the South African Rand benefits from the increased competitiveness of its commodity exports.

• One macro factor: U.S. tariffs on New Zealand goods are raising concerns over the NZD's potential impact on export revenues and inflation.

Range: The NZD/ZAR is expected to drift within the recent 3-month range, with potential tests of the lower levels.

What could change it:

• Upside risk: An unexpected rebound in global risk appetite could boost the NZD against the ZAR.

• Downside risk: Continued weak trade data from New Zealand may further pressure the NZD downward.

NZD-ZAR Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to ZAR Market Data

New Zealand dollar (NZD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell NZD   →   Buy ZAR
1 NZD =
9.4374We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d+0.7%▲
90dLows◒
NZD to ZAR at 9.4372 is 2.9% below its 3-month average of 9.7217, having traded in a relatively stable 6.6% range from 9.3746 to 9.99
|
Tracker

Manage Tracker   

  1 ZAR = 0.1060 NZD

Compare & Save - New Zealand dollar to South African rand

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

Use our NZD to ZAR 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 Rand currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the South African rand?

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 South African rand current value is to look the NZD/ZAR historic rate and change over a range of periods.

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

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/ZAR to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

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