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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
1,121.75 NZD
Exchange Rate
as of June 06, 2025 at 6:08 PM
1 GBP =
2.24 NZD
Market analysis of GBP to NZD currency exchange rates
Analysis as of April 2025
The exchange rate between the British Pound (GBP) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past year, influenced by various economic factors and market sentiments. This report provides an analysis of the GBP/NZD exchange rate trends, key influencing factors, and potential future outlooks.
Recent Exchange Rate Trends
As of June 3, 2025, the GBP/NZD exchange rate stands at approximately 2.2548, reflecting a 0.81% decrease from the previous day's close. (poundsterlinglive.com) Over the past year, the exchange rate has experienced significant volatility:
52-Week Range: The GBP/NZD rate has fluctuated between a low of 2.0604 and a high of 2.2759, indicating a substantial range of movement. (investing.com)
Six-Month Performance: In the last six months, the exchange rate reached its peak of 2.27527 on March 13, 2025, and its lowest point of 2.10033 on September 30, 2024. (poundsterlinglive.com)
Year-to-Date Performance: The highest rate in 2025 was 2.27527, with the lowest at 2.16821, reflecting ongoing fluctuations within this period. (poundsterlinglive.com)
Factors Influencing the GBP/NZD Exchange Rate
Several factors have contributed to the observed movements in the GBP/NZD exchange rate:
Economic Indicators: Key economic data releases from both the UK and New Zealand, such as GDP growth rates, employment figures, and inflation statistics, have played a significant role in influencing investor sentiment and currency valuations.
Monetary Policy: Decisions by the Bank of England and the Reserve Bank of New Zealand regarding interest rates and monetary policy adjustments have directly impacted the exchange rate dynamics between the two currencies.
Global Market Sentiment: Broader market trends, including risk appetite and geopolitical developments, have also affected the GBP/NZD exchange rate, as investors adjust their positions in response to global economic conditions.
Technical Analysis
As of March 17, 2025, technical indicators suggested a bearish outlook for the GBP/NZD pair:
Relative Strength Index (RSI): At 26.708, indicating the currency pair was in the oversold territory.
Moving Averages: Both simple and exponential moving averages across various periods signaled a 'Sell' action, reflecting downward momentum. (investing.com)
These technical indicators pointed towards potential continued weakness in the GBP/NZD exchange rate during that period.
Future Outlook
Forecasts for the GBP/NZD exchange rate suggest potential appreciation of the British Pound against the New Zealand Dollar:
- December 2025 Projection: The exchange rate is predicted to trade between 2.44 and 2.54, representing an approximate 11.34% increase from current levels. (coincodex.com)
This projection is based on current market sentiment and technical analysis indicators, which, as of March 17, 2025, showed a neutral outlook with a slight bullish bias.
Conclusion
The GBP/NZD exchange rate has demonstrated significant volatility over the past year, influenced by economic indicators, monetary policies, and global market sentiments. While technical analysis as of March 2025 indicated a bearish trend, forecasts for the end of 2025 suggest potential appreciation of the British Pound against the New Zealand Dollar. Investors and market participants should remain vigilant, considering both technical indicators and fundamental economic factors when making decisions related to this currency pair.