Exchange Rate Calculator

The exchange rate between the Canadian Dollar (CAD) and the New Zealand Dollar (NZD) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and future projections for the CAD/NZD currency pair.

Recent Exchange Rate Trends

As of July 3, 2025, the CAD/NZD exchange rate stands at approximately 1.2129. (poundsterlinglive.com) Over the past three months, the exchange rate has exhibited a downward trend, decreasing from a high of 1.2694 on April 8, 2025, to the current level, marking a decline of approximately 5.14%. (exchangerates.org.uk) The highest exchange rate recorded in 2025 was 1.2693 NZD per CAD on April 8, while the lowest was 1.1992 NZD per CAD on March 19. (exchange-rates.org)

Technical Analysis

Technical indicators as of July 2, 2025, suggest a bullish outlook for the CAD/NZD pair. The Relative Strength Index (RSI) is at 66.124, indicating buying momentum. The Moving Average Convergence Divergence (MACD) shows a positive value of 0.002, further supporting a bullish sentiment. Additionally, the Average Directional Index (ADX) at 45.108 suggests a strong trend. Moving averages also indicate a buying signal, with the 5-day Simple Moving Average (SMA) at 1.2093 and the 10-day SMA at 1.2086, both above the current exchange rate. (investing.com)

Short-Term Forecasts

In the short term, forecasts indicate a slight appreciation of the CAD against the NZD. For the current week, the exchange rate is projected to average around 1.2047, with an estimated trading range between 1.1926 and 1.2167. The following week anticipates an average rate of 1.2057, within a range of 1.1936 to 1.2177. For the next month, the average rate is expected to be approximately 1.2076, fluctuating between 1.1955 and 1.2197. (midforex.com)

Long-Term Projections

Looking further ahead, the CAD/NZD exchange rate is forecasted to continue its upward trajectory. By September 2025, the rate is expected to reach 1.2346, representing a 2.53% increase from the current level. By December 2025, the forecasted rate is 1.2584, and by March 2026, it is anticipated to be 1.2677. (exchangerates.org.uk) Over a five-year horizon, the exchange rate is projected to average around 1.2944, with a range between 1.2814 and 1.3073. In the next decade, the average rate is expected to be approximately 1.3727, fluctuating between 1.3589 and 1.3864. (midforex.com)

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the CAD/NZD exchange rate:

• Interest Rate Differentials: The monetary policies of the Bank of Canada and the Reserve Bank of New Zealand significantly impact the exchange rate. Changes in interest rates can attract or deter investors, influencing currency demand.

• Commodity Prices: Both Canada and New Zealand are major exporters of commodities. Variations in global commodity prices, such as oil for Canada and dairy products for New Zealand, can affect their respective currencies.

• Economic Indicators: Key economic metrics, including GDP growth, employment rates, and inflation, play a crucial role in determining currency strength. Positive economic data can bolster a currency, while negative data can weaken it.

• Global Market Sentiment: Investor risk appetite and global economic conditions can lead to shifts in currency values. In times of uncertainty, investors may seek safe-haven currencies, impacting the CAD/NZD exchange rate.

Conclusion

The CAD/NZD exchange rate has experienced a downward trend over the past few months but is currently showing signs of recovery, supported by bullish technical indicators. Short-term forecasts suggest a modest appreciation of the CAD against the NZD, with long-term projections indicating a continued upward trajectory. Investors and traders should monitor key economic indicators, central bank policies, and global market conditions, as these factors will continue to influence the exchange rate dynamics between the Canadian and New Zealand dollars.