AUD to NZD Forecast
In 2018, the New Zealand exchange rate has been steadily falling, just like the Australian dollar. The result? A fairly tight AUD to NZD exchange rate range between 1.0800-1.1000 in the last month. Going forward, will the AUD to NZD exchange rates stay in this range, or will it break out? This article presents top 4 bank outlooks for the AUD to NZD in 2019 and is updated regularly.
AUD to NZD Bank Predictions
The top banks in Australia and New Zealand mostly have a pessimistic outlook for both the Kiwi (NZD) and the Aussie (AUD) for the rest of this year. With both currencies falling further and faster than expectations, the top banks have lowered their NZD/USD and AUD/USD outlooks.
Despite this, the AUD to NZD does appear to rising, which suggests the Aussie currency performing slightly better than its Kiwi counterpart. The top banks are expecting the AUD to NZD exchange rate to gradually decline in 2019.
Currently, the AUD to NZD exchange rate is 1.0907.
What are the AUD to NZD Bank Forecasts Today?
ANZ made a big adjustment higher to its AUD to NZD forecast recently. ANZ says it's hard to be upbeat on the NZD and expects the AUD to NZD exchange rate to end 2018 at 1.1300.
National Australia Bank recently raised its AUD to NZD forecast exchange rates for the end of the year to 1.1000.
Westpac tweaked their AUD to NZD forecast down for their forecasts and is still fairly negative. Westpac expects the AUD to NZD to stay around 1.1100 by the end of the year.
Compare Australian Dollar to New Zealand Dollar Exchange Rates
Compare exchange rates from Australian banks and foreign exchange leaders.
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What about AUD to NZD Long Term Forecasts?
The banks outlooks for the AUD to NZD exchange rate in 2019 remains negative. Most of the banks are expecting a flat to lower trend by the end of the year.
- ANZ bank is even more negative in 2019, with the AUD to NZD rate expected to rise up to 1.1500 by the end of 2019.
- CBA has an expectation that the AUD to NZD rate will gradually rise towards 1.1000 by the end of the year.
- In 2019, NAB is expecting the AUD to NZD rate to decline slightly by the end the year to 1.0900.
- Similarly, Westpac expects the AUD to NZD rate to slowly fall to 1.0900 by the end of 2019.
NZD to AUD Forecasts
Exchange rates are the relative prices between two currencies and this is why currencies are expressed in pairs. The major Australian bank forecasts are in Australian dollar terms, or the currency pair AUD/NZD. But if you're interested in bank forecasts in New Zealand or "Kiwi" Dollar terms or NZD/AUD you can calculate it.
To convert from NZD to AUD all you need to do is divide 1 by the rate.
For example, if the AUD to NZD exchange rate is 1.1000, then 1 Australian dollar is worth NZD $1.10. You divide 1 by 1.10 to find the NZD/AUD exchange rate of 0.9090. In this example, $1 New Zealand dollar is equivalent to AUD $0.9090 or approx. 91 cents.
To save you some time, we have already calculated the "Big 4" bank December 2019 forecasts for you in the table below.
|AUD to NZD Forecast||NZD to AUD Forecast|
AUD to NZD Exchange Rate Calculator
General advice: The information on this site is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any financial decisions.