The New Zealand dollar weakened to around $0.63, sliding towards a two-year low hit in mid-June, as an increasing risk of a global recession due to aggressive monetary tightening dragged on commodity prices and related assets. Meanwhile, markets are betting that the Reserve Bank of New Zealand will more than double rates to 4.25% by year-end, suggesting a series of half-point rate increases at upcoming meetings. The RBNZ raised the official cash rate by 50 basis points to 2% in May, and said rates would need to rise “by more and sooner.” That was the second 50 bps rate increase in a row, following three 25 bps increases as the central bank acted in the face of decades-high inflation. New Zealand’s inflation rate reached 6.9% in the first quarter of 2022, much higher than the central bank target range of 1% to 3%.

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 1.0552 0.0029 0.28% -11.59%
GBPUSD 1.2274 0.0009 0.08% -11.47%
AUDUSD 0.6942 0.0037 0.53% -8.32%
NZDUSD 0.6314 0.0040 0.64% -10.68%
USDJPY 135.1360 0.3040 0.23% 21.98%
USDCNY 6.6826 -0.0169 -0.25% 3.43%
USDCHF 0.9578 -0.0033 -0.34% 4.48%
USDCAD 1.2893 -0.0101 -0.78% 4.87%
USDMXN 19.8500 -0.1510 -0.76% 0.21%
USDINR 78.2300 0.0900 0.12% 5.42%
USDBRL 5.2417 0.0011 0.02% 6.25%
USDRUB 50.9000 -1.1000 -2.12% -29.39%
USDKRW 1,288.8900 -10.9200 -0.84% 14.35%
DXY 104.1850 -0.2460 -0.24% 13.43%
USDTRY 16.8922 -0.4576 -2.64% 93.07%
USDSEK 10.1325 -0.0377 -0.37% 19.36%
USDPLN 4.4378 -0.0348 -0.78% 17.45%
USDNOK 9.8420 -0.1180 -1.18% 15.91%
USDZAR 15.7990 -0.1537 -0.96% 11.72%
USDDKK 7.0489 -0.0192 -0.27% 13.19%
USDSGD 1.3855 -0.0044 -0.32% 3.26%
USDILS 3.4081 -0.0396 -1.15% 4.95%
USDHKD 7.8489 -0.0008 -0.01% 1.13%
USDCLP 916.7700 14.1200 1.56% 25.14%
USDPKR 208.0000 -0.4000 -0.19% 31.98%
USDCZK 23.4240 -0.0680 -0.29% 9.80%
USDHUF 380.1200 0.7000 0.18% 29.28%
Crosses Price Day Year
NZDUSD 0.6314 0.0040 0.64% -10.68%
EURNZD 1.6703 -0.0063 -0.38% -1.12%
GBPNZD 1.9424 -0.0109 -0.56% -1.13%
AUDNZD 1.0993 0.0011 0.10% 2.30%
NZDJPY 85.3250 0.7314 0.86% 8.95%
NZDCNY 4.2162 0.0129 0.31% -7.69%
NZDCHF 0.6049 0.0019 0.31% -6.66%
NZDCAD 0.8139 -0.0014 -0.17% -6.35%
NZDMXN 12.5353 -0.0133 -0.11% -10.48%
NZDINR 49.4493 0.4242 0.87% -5.74%
NZDBRL 3.3094 0.0215 0.65% -5.10%
NZDRUB 32.5439 -0.0809 -0.25% -36.14%
NZDKRW 812.3684 -3.1324 -0.38% 1.96%
NZDIDR 9,381.7431 74.2641 0.80% -7.98%
NZDARS 78.5211 0.6733 0.87% 16.58%
NZDCZK 14.7536 0.0148 0.10% -2.16%
NZDDKK 4.4484 0.0138 0.31% 1.05%
NZDHUF 239.3378 1.2897 0.54% 15.15%
NZDMYR 2.7808 0.0177 0.64% -5.30%


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
0.63 0.63 1.49 0.39 1971 - 2022 Daily