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AUD to NZD Forecasts – Australian dollar to New Zealand dollar

Latest AUD to NZD forecasts including bank predictions, key market drivers and recent trends for AUD/NZD. See where analysts expect the pair to move and the factors likely to influence it.

 

AUD to NZD Forecast & Outlook

28 Mar 2026 • 00:26 GMT

AUD/NZD 1.1984

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1920 – 1.2130
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, AUD/NZD is trading close to 1.1984, slightly above its 3-month average of 1.1768, supported by a wide rate differential. The pair remains within a recent stable range and trading near recent highs. Near-term conditions suggest the pair may face pressure if risk sentiment improves, but the dominant rate differential keeps it supported for now.

💸 Transfer implications

  • Expats: sending money to New Zealand might find converting AUD less favourable than recent levels.
  • Travellers: buying NZD could face slightly higher costs compared to recent activity.
  • Businesses: paying NZD invoices with AUD may see current rates favoring their conversions, but conditions could weaken if risk sentiment shifts.

🧭 Key drivers

  • Rate gap: The RBA’s hawkish stance maintains a higher Australian interest rate, supporting AUD.
  • Risk/commodities: Risk-off sentiment elevates safe-haven currencies, pressuring risk-sensitive FX like AUD/NZD.
  • Global factors: Ongoing risk-off conditions supported by decreased risk sentiment and safe-haven flows.

⚠️ What could change it

  • Upside risk: Improved global risk appetite may reduce safe-haven flows, further supporting AUD.
  • Downside risk: Renewed risk aversion, especially if global financial markets weaken, could push AUD/NZD lower.

Comparing FX providers may help offset less favourable exchange conditions in the current environment.

AUD-NZD Rate Calculator

 
 
   
   
   
   
   
 
 

AUD to NZD Market Data

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

 
Sell AUD   →   Buy NZD
1 AUD =
1.1979We compare provider deals to this wholesale mid-market rate. Read more
NZD
1d+0.3%
AUD to NZD at 1.1984 is 1.8% above its 3-month average of 1.1768, having traded in a quite stable 5.5% range from 1.1491 to 1.2128
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Compare & Save - Australian dollar to New Zealand dollar

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

Use our AUD 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 Aussie to Kiwi currency rates and the possible savings of using various providers.

 
 

Will the Australian 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 Australian dollar vs New Zealand dollar current value is to look the AUD/NZD historic rate and change over a range of periods.

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

DateAUD/NZDChangePeriod
13 Mar 2026
1.2100
1.2% 2 Week
27 Dec 2025
1.1506
3.9% 3 Month
27 Mar 2025
1.0983
8.9% 1 Year
28 Mar 2021
1.0921
9.5% 5 Year
29 Mar 2016
1.1132
7.4% 10 Year
01 Apr 2006
1.1634
2.8% 20 Year
AUD/NZD historic rates & change to 27-Mar-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 AUD/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