The New Zealand dollar held below $0.625, testing a two-year low as a weak business survey result highlighted the risk that rising interest rates would lead to recession. The latest ANZ survey of business sentiment showed nearly 63% of firms expect economic conditions to deteriorate over the coming year, due mainly to supply disruptions and surging cost pressures. This presents a challenge to the Reserve Bank of New Zealand which is expected to stick to its aggressive tightening path to bring down inflation, even if it means risking a recession. Markets are priced for another hike of 50 basis points in July to take rates to 2.50%, and for rates to near 4% by the end of the year. The RBNZ already raised the official cash rate by 50 basis points twice this year, following three 25 bps increases as the central bank acted in the face of decades-high inflation.

Historically, the New Zealand Dollar reached an all time high of 1.49 in October of 1973. New Zealand Dollar - data, forecasts, historical chart - was last updated on June of 2022.

The New Zealand Dollar is expected to trade at 0.62 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.59 in 12 months time.

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New Zealand Dollar


Majors Price Day Year
EURUSD 1.0478 0.0033 0.32% -11.54%
GBPUSD 1.2173 0.0045 0.37% -11.54%
AUDUSD 0.6913 0.0035 0.51% -7.44%
NZDUSD 0.6250 0.0033 0.53% -10.30%
USDJPY 135.6440 -0.8970 -0.66% 21.58%
USDCNY 6.6936 -0.0133 -0.20% 3.41%
USDCHF 0.9539 -0.0014 -0.14% 3.02%
USDCAD 1.2876 -0.0015 -0.12% 3.54%
USDMXN 20.0779 -0.0332 -0.16% 0.39%
USDINR 78.9400 0.0200 0.03% 5.87%
USDBRL 5.1968 0.0150 0.29% 2.96%
USDRUB 52.5000 2.5000 5.00% -28.37%
USDKRW 1,287.8000 -14.1000 -1.08% 13.53%
DXY 104.7180 -0.3880 -0.37% 13.09%
USDTRY 16.6923 -0.0158 -0.09% 92.96%
USDSEK 10.2164 -0.0097 -0.10% 19.10%
USDPLN 4.4854 0.0175 0.39% 17.72%
USDNOK 9.8419 -0.0413 -0.42% 14.10%
USDZAR 16.2711 0.0406 0.25% 12.86%
USDDKK 7.0975 -0.0277 -0.39% 13.07%
USDSGD 1.3892 -0.0043 -0.31% 2.96%
USDILS 3.4841 0.0278 0.81% 6.71%
USDHKD 7.8474 0.0012 0.01% 1.04%
USDCLP 923.6000 -2.4000 -0.26% 24.82%
USDPKR 204.5000 -0.1500 -0.07% 29.59%
USDCZK 23.6099 -0.0691 -0.29% 9.59%
USDHUF 378.4110 1.4210 0.38% 27.70%
Crosses Price Day Year
NZDUSD 0.6250 0.0033 0.53% -10.30%
EURNZD 1.6762 -0.0016 -0.09% -1.39%
GBPNZD 1.9473 -0.0012 -0.06% -1.39%
AUDNZD 1.1059 0.0007 0.07% 3.19%
NZDJPY 84.7840 -0.1035 -0.12% 9.06%
NZDCNY 4.1763 0.0067 0.16% -7.69%
NZDCHF 0.5962 0.0023 0.39% -7.59%
NZDCAD 0.8048 0.0034 0.42% -7.12%
NZDMXN 12.5853 0.0823 0.66% -9.75%
NZDINR 49.1893 0.1247 0.25% -5.43%
NZDBRL 3.2245 -0.0624 -1.90% -6.90%
NZDRUB 32.7243 1.6393 5.27% -35.89%
NZDKRW 807.4300 -1.9612 -0.24% 2.11%
NZDIDR 9,237.1174 -19.9226 -0.22% -8.72%
NZDARS 77.7811 -0.1377 -0.18% 16.31%
NZDCZK 14.7641 0.0429 0.29% -1.83%
NZDDKK 4.4407 0.0109 0.25% 1.22%
NZDHUF 236.6341 2.2594 0.96% 14.22%
NZDMYR 2.7463 0.0121 0.44% -5.39%


New Zealand Dollar
The NZDUSD spot exchange rate specifies how much one currency, the NZD, is currently worth in terms of the other, the USD. While the NZDUSD spot exchange rate is quoted and exchanged in the same day, the NZDUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
0.62 0.62 1.49 0.39 1971 - 2022 Daily