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    NZD to ZAR 2025 Forecasts

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

     

    Forecasts for NZD to ZAR

     

    The NZD to ZAR exchange rate is currently influenced by a combination of global trade dynamics and investor sentiment amidst ongoing geopolitical tensions. Recent announcements from U.S. President Donald Trump regarding tariffs on New Zealand imports have raised concerns about the NZD's performance, especially as tighter tariffs could negatively impact demand for New Zealand's key commodities. Analysts suggest that the Kiwi is likely to remain highly sensitive to shifts in market risk appetite, with potential for further weakness if sentiment continues to decline.

    Currently, the NZD to ZAR exchange rate stands at 10.61, which is 1.1% below its three-month average of 10.73. This reflects a generally volatile trading environment, with the NZD fluctuating in a range from 10.40 to 11.27 over the past few months. Furthermore, the correlation between the NZD and AUD suggests that movements in the Australian dollar could also influence the New Zealand dollar because of their geographical proximity and shared dependence on commodity markets.

    On the other hand, the South African rand (ZAR) faces its own challenges, particularly due to the imposition of a 30% reciprocal tariff rate from the U.S., affecting its trade balance. Experts note that South Africa's reliance on foreign investment to support its budget and current account deficits leaves the rand vulnerable to global investor sentiment, which can be further impacted by external factors like oil prices. In recent trading, oil prices have also demonstrated volatility, currently at 65.41, which is 5.0% below its three-month average of 68.83. This fluctuation in oil prices has implications for ZAR, as South Africa’s economy is sensitive to changes in commodity prices.

    Overall, analysts forecast that both the NZD and ZAR will continue to navigate a challenging landscape influenced by trade policies, global economic conditions, and commodity price movements. The outlook remains cautiously pessimistic for both currencies in the short to medium term, with potential for further volatility as market sentiments evolve.

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    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 =
    10.62We compare provider deals to this wholesale mid-market rate. Read more
    ZAR
    +0.1%
    NZD to ZAR at 10.62 is 1.0% below its 3-month average of 10.73, having traded in a fairly volatile 8.4% range from 10.40 to 11.27
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      1 ZAR = 0.094147 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.

     
    DateNZD/ZARChangePeriod
    05 May 2025
    10.89
    2.3% 2 Week
    18 Feb 2025
    10.50
    1.3% 3 Month
    19 May 2024
    11.15
    4.6% 1 Year
    20 May 2020
    11.02
    3.4% 5 Year
    22 May 2015
    8.6852
    22.5% 10 Year
    24 May 2005
    4.6639
    128.1% 20 Year
    NZD/ZAR historic rates & change to 19-May-2025
     

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

    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.

     
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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