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USD to NZD Rates - 2026 Forecast

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

 

USD/NZD Outlook:

The USD/NZD is likely to decrease as it currently trades below its recent average and near recent lows. The combination of US tariff uncertainties and weak NZD economic indicators adds downward pressure.

Key drivers:

  • Rate gap: The Federal Reserve has raised interest rates, strengthening the USD, while the Reserve Bank of New Zealand has indicated that rate hikes may not occur until late 2026.
  • Risk/commodities: Recent declines in dairy prices have negatively impacted New Zealand's primary export sector, thus weakening the NZD.
  • One macro factor: The US trade dynamics reveal a widening trade deficit, increasing pressure on the USD as imports outpace exports.

Range:

Expect the USD/NZD to drift within its recent range, with potential to test lower levels.

What could change it:

  • Upside risk: A shift towards a more favorable economic outlook for New Zealand may boost the NZD.
  • Downside risk: Further escalations in US tariffs could dent the USD and increase market volatility.

USD-NZD Rate Calculator

 
   
   
   
   
 
   
 
 

USD to NZD Market Data

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

 
Sell USD   →   Buy NZD
1 USD =
1.6675We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d−0.1%▼
 
USD to NZD at 1.6768 is 1.7% below its 3-month average of 1.7063, having traded in a relatively stable 6.7% range from 1.6457 to 1.7564
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  1 NZD = 0.5997 USD

Compare & Save - US dollar to New Zealand dollar

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

Use our USD to NZD 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 Dollar to Kiwi currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the New Zealand dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs New Zealand dollar current value is to look the USD/NZD historic rate and change over a range of periods.

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

DateUSD/NZDChangePeriod
11 Feb 2026
1.6534
1.2% ▲2 Week
27 Nov 2025
1.7456
4.1% ▼3 Month
25 Feb 2025
1.7452
4.1% ▼1 Year
26 Feb 2021
1.3823
21.1% ▲5 Year
28 Feb 2016
1.5120
10.7% ▲10 Year
02 Mar 2006
1.5021
11.4% ▲20 Year
USD/NZD historic rates & change to 25-Feb-2026

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 USD/NZD 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