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NZD to PHP 2026 Forecasts

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

 

NZD/PHP Outlook:

The NZD/PHP remains slightly positive, trading just above its recent average and within its mid-range. A strong dairy auction result is lending some support to the New Zealand dollar.

Key drivers:

• Rate gap: The Reserve Bank of New Zealand maintains a hawkish stance, holding interest rates at a high level compared to the Banko Sentral ng Pilipinas, which is managing political and fiscal risks.

• Risk/commodities: The recent uptick in global dairy prices is boosting the New Zealand dollar, which benefits significantly from dairy exports.

• One macro factor: New Zealand’s trade deficit may weigh on the NZD as fresh trade figures are expected shortly.

Range:

Expect the NZD/PHP to continue drifting within its recent range, influenced by ongoing volatility.

What could change it:

• Upside risk: A strong rebound in overall trade figures could enhance NZD demand.

• Downside risk: Heightened political uncertainty in the Philippines may create further downward pressure on the PHP.

NZD-PHP Rate Calculator

 
   
   
   
   
 
   
 
 

NZD to PHP Market Data

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

 
Sell NZD   →   Buy PHP
1 NZD =
34.65We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d0.0%⬦
14dLows◒
NZD to PHP at 34.65 is just 0.8% above its 3-month average of 34.39, having traded in a fairly volatile 8.6% range from 32.99 to 35.84
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  1 PHP = 0.028860 NZD

Compare & Save - New Zealand dollar to Philippine peso

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

Use our NZD to PHP 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 Peso currency rates and the possible savings of using various providers.

 
 

Will the New Zealand dollar rise against the Philippine peso?

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 Philippine peso current value is to look the NZD/PHP historic rate and change over a range of periods.

The following table looks at the change in the NZD to PHP 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/PHP 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