Exchange Rate Calculator

The EUR/NZD exchange rate has experienced notable fluctuations over the past few months, reflecting a complex interplay of economic indicators, monetary policies, and market sentiments. Understanding these dynamics is crucial for investors and businesses engaged in Euro and New Zealand Dollar transactions.

Recent Exchange Rate Trends

As of June 27, 2025, the EUR/NZD exchange rate stood at 1.932, marking a 1.2% increase from its three-month average of 1.9119. (ycharts.com) This upward trend has been influenced by several factors, including the relative strength of the Euro against a weakening US Dollar and specific economic developments within the Eurozone and New Zealand.

Factors Influencing the Exchange Rate

Eurozone Economic Indicators:

The Euro's recent strength can be attributed to its negative correlation with the US Dollar, which has weakened due to various global economic factors. Despite some lackluster data from Germany regarding consumer confidence, the Euro has maintained its position, supported by a modest improvement in the Eurozone economic sentiment index. (bestexchangerates.com)

New Zealand Economic Factors:

The New Zealand Dollar (NZD) has faced challenges due to global risk-off sentiments, which typically weigh on commodity currencies. Additionally, domestic economic indicators and monetary policy decisions by the Reserve Bank of New Zealand (RBNZ) have played roles in influencing the NZD's performance.

Technical Analysis

Technical indicators provide insights into the EUR/NZD pair's potential future movements:

• Relative Strength Index (RSI): The RSI is currently at 59.5841, indicating a neutral to slightly bullish trend. (fxleaders.com)

• Average True Range (ATR): At 0.0154, the ATR suggests moderate volatility in the market. (fxleaders.com)

• Moving Average Convergence Divergence (MACD): The MACD line is above the signal line, suggesting potential bullish momentum. (fxleaders.com)

• Bollinger Bands: A potential squeeze in the Bollinger Bands hints at a possible breakout, indicating that the market may experience increased volatility and a potential shift in trend. (fxleaders.com)

Forecasts and Projections

Analysts have provided various forecasts for the EUR/NZD exchange rate:

• Short-Term Forecasts: Predictions suggest that the EUR/NZD exchange rate could reach 1.9129 by September 2025, 1.9343 by December 2025, and 1.9450 by March 2026. (exchangerates.org.uk)

• Long-Term Forecasts: Some projections indicate that the EUR/NZD rate may increase by 4.24% over the next six months, reaching approximately 1.9803, and by 11.10% over the next year, reaching around 2.11. (coincodex.com)

Conclusion

The EUR/NZD exchange rate is influenced by a myriad of factors, including economic indicators from both the Eurozone and New Zealand, global market sentiments, and technical market dynamics. While recent trends and technical indicators suggest a cautiously bullish outlook, it is essential for investors and businesses to stay informed about ongoing economic developments and market conditions to make well-informed decisions.