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NZD to MYR 2026 Forecasts

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

 

NZD/MYR Outlook:

The NZD/MYR is currently trading below its 90-day average and near recent lows, suggesting a bearish outlook. Recent data has added pressure on the New Zealand dollar while the Malaysian ringgit has shown resilience.

Key drivers:

• Rate gap: The Reserve Bank of New Zealand maintains a higher interest rate compared to Bank Negara Malaysia, but investor confidence in Malaysia is growing.

• Risk/commodities: With oil prices at 90-day highs, the MYR benefits as higher oil prices typically boost Malaysia's economic outlook, given its export reliance.

• One macro factor: New Zealand's trade deficit could weigh on the NZD, highlighting economic challenges facing the country.

Range:

The NZD/MYR is likely to drift within its recent stable range as market conditions remain mixed.

What could change it:

• Upside risk: A positive surprise in New Zealand's upcoming economic data could boost the NZD.

• Downside risk: Further deterioration in New Zealand’s trade figures might increase downward pressure on the NZD.

NZD-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to MYR Market Data

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

 
Sell NZD   →   Buy MYR
1 NZD =
2.3334We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d0.0%⬦
 
NZD to MYR at 2.3332 is 1.1% below its 3-month average of 2.3584, having traded in a very stable 3.0% range from 2.3228 to 2.3936
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Tracker

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  1 MYR = 0.4286 NZD

Compare & Save - New Zealand dollar to Malaysian ringgit

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

Use our NZD to MYR 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 Ringgit currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Malaysian ringgit?

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

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

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/MYR 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