The New Zealand dollar climbed to around $0.573, the highest level in nearly three weeks, following the central bank’s hawkish stance while data showed strong manufacturing growth. New Zealand’s manufacturing activity expanded at the fastest pace in almost five years in June, adding to signs of a pickup in economic growth as RBNZ Governor Anna Breman highlighted improving momentum in the second half of the year. The central bank raised its official cash rate by 25 bps on Wednesday for the first time in three years, saying that an increase in demand could add to medium-term inflation pressures. The decision came as oil prices began rising again following renewed hostilities between the US and Iran, reinforcing the central bank’s concerns over inflation. Breman said higher fuel prices remained the key upside risk to inflation, warning that if the conflict persists, there is a risk that inflation could become embedded.

The NZD/USD exchange rate rose to 0.5749 on July 9, 2026, up 0.89% from the previous session. Over the past month, the New Zealand Dollar has weakened 0.83%, and is down by 4.83% over the last 12 months. 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 July 9 of 2026.

The NZD/USD exchange rate rose to 0.5749 on July 9, 2026, up 0.89% from the previous session. Over the past month, the New Zealand Dollar has weakened 0.83%, and is down by 4.83% over the last 12 months. The New Zealand Dollar is expected to trade at 0.58 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.



Crosses Price Day Year Date
NZDUSD 0.5748 0.0050 0.87% -4.85% Jul/09
EURNZD 1.9895 -0.0127 -0.64% 2.62% Jul/09
GBPNZD 2.3306 -0.0173 -0.73% 3.57% Jul/09
AUDNZD 1.2074 -0.0079 -0.65% 10.56% Jul/09
NZDJPY 93.3260 0.6836 0.74% 5.62% Jul/09
NZDCNY 3.9016 0.0233 0.60% -9.44% Jul/09
NZDCHF 0.4639 0.0032 0.70% -3.61% Jul/09
NZDCAD 0.8146 0.0070 0.87% -1.25% Jul/09
NZDMXN 10.0784 0.0613 0.61% -9.73% Jul/09
NZDINR 54.8514 0.3218 0.59% 6.66% Jul/09
NZDRUB 43.7113 -0.0494 -0.11% -6.77% Jul/09
NZDKRW 868.3884 10.6685 1.24% 5.35% Jul/09
NZDIDR 10,391.9872 91.1428 0.88% 6.62% Jul/09
NZDARS 853.7243 6.1248 0.72% 13.62% Jul/09
NZDCZK 12.1769 0.0680 0.56% -3.29% Jul/09
NZDDKK 3.7531 0.0222 0.59% -1.57% Jul/09
NZDHUF 179.7207 0.3850 0.21% -11.95% Jul/09
NZDMYR 2.3399 0.0171 0.74% -8.23% Jul/09
NZDBRL 2.9364 -0.0003 -0.01% -12.24% Jul/08
 Currencies
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Related Last Previous Unit Reference
United States Inflation Rate 4.20 3.80 percent May 2026
New Zealand Inflation Rate 3.10 3.10 percent Mar 2026
New Zealand Interest Rate 2.50 2.25 percent Jul 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026
New Zealand Unemployment Rate 5.30 5.40 percent Mar 2026

New Zealand Dollar
The NZDUSD spot exchange rate specifies how much one currency, the NZD, is currently worh 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
0.57 0.57 1.49 0.39 1971 - 2026 Daily

News Stream
New Zealand Dollar Rises Further
The New Zealand dollar climbed to around $0.573, the highest level in nearly three weeks, following the central bank’s hawkish stance while data showed strong manufacturing growth. New Zealand’s manufacturing activity expanded at the fastest pace in almost five years in June, adding to signs of a pickup in economic growth as RBNZ Governor Anna Breman highlighted improving momentum in the second half of the year. The central bank raised its official cash rate by 25 bps on Wednesday for the first time in three years, saying that an increase in demand could add to medium-term inflation pressures. The decision came as oil prices began rising again following renewed hostilities between the US and Iran, reinforcing the central bank’s concerns over inflation. Breman said higher fuel prices remained the key upside risk to inflation, warning that if the conflict persists, there is a risk that inflation could become embedded.
2026-07-09
New Zealand Dollar Rises After RBNZ Rate Hike
The New Zealand dollar rose to around $0.569 after the Reserve Bank raised its cash rate by 25 bps to 2.50%, as expected, and signaled further rate hikes this year. The move marked the central bank’s first rate increase in more than three years, as policymakers sought to bring inflation back to target without causing unnecessary damage to economic activity. The RBNZ acknowledged that easing geopolitical tensions and the recent decline in energy prices had eased near-term inflation pressures, though it warned that the effects of the war would persist for some time and that the outlook for medium-term inflation remained uncertain. Also, the country's economic growth is expected to pick up in the third quarter after losing momentum in the second quarter due to the fuel shock. Most economists anticipate one or two additional rate hikes this year, while markets have almost fully priced in a move in October.
2026-07-08
New Zealand Dollar Slips Ahead of RBNZ Decision
The New Zealand dollar edged lower to $0.569 after a strong weekly gain, as markets looked ahead to the Reserve Bank's policy decision. The central bank is expected to raise the official cash rate by 25 bps to 2.50% later this week in what would be its first hike in more than three years amid persistent inflationary pressures. However, some local economists are calling for a hold, pointing to the retreat in oil prices near pre-war levels. The upcoming decision comes after the RBNZ's closely contested May meeting, where policymakers voted to keep rates unchanged after a split decision that required Governor Anna Breman to cast the deciding vote. Externally, the kiwi is drawing support from a weaker US dollar, as disappointing jobs data reduced expectations of a near-term rate hike by the Federal Reserve.
2026-07-06