Exchange Rate Calculator

The exchange rate between the South Korean Won (KRW) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the KRW/NZD exchange rate trends, key influencing factors, and potential future outlooks.

Recent Exchange Rate Trends

Between December 30, 2024, and June 27, 2025, the KRW/NZD exchange rate experienced a range of movements:

• Highest Rate: 0.0012405 NZD per KRW on January 18, 2025.
• Lowest Rate: 0.0011652 NZD per KRW on April 28, 2025.
• Average Rate: 0.0012096 NZD per KRW over this period.

These figures indicate a peak in mid-January, followed by a decline reaching its lowest point in late April, and a subsequent recovery towards the end of June. (exchangerates.org.uk)

Factors Influencing the KRW/NZD Exchange Rate

Several factors have contributed to the observed fluctuations in the KRW/NZD exchange rate:

1. Economic Indicators:

   • South Korea: The country's GDP growth, inflation rates, and trade balances have a direct impact on the value of the KRW.
   • New Zealand: Similarly, New Zealand's economic performance, including its agricultural exports and tourism sector, influences the NZD.

2. Interest Rates:

   • Decisions by the Bank of Korea and the Reserve Bank of New Zealand regarding interest rates affect investor confidence and capital flows, thereby impacting exchange rates.

3. Geopolitical Events:

   • Trade agreements, political stability, and international relations can cause shifts in currency values.

4. Global Market Sentiment:

   • Investors' risk appetite and global economic conditions play a role in currency valuation.

Historical Context

Looking at the broader historical context, the KRW/NZD exchange rate has shown variability:

• 2021: The exchange rate ranged between 0.0012 and 0.0013 NZD per KRW. (exchangerates.org.uk)
• 2022: The rate fluctuated around 0.00119 to 0.00123 NZD per KRW. (freecurrencyrates.com)

These historical rates provide a backdrop for understanding the recent trends observed in 2025.

Future Outlook

Predicting future exchange rates involves considerable uncertainty due to the multitude of influencing factors. However, monitoring the following can provide insights:

• Economic Policies: Any changes in fiscal or monetary policies in either country can impact the exchange rate.
• Global Economic Trends: Developments such as changes in commodity prices, global trade dynamics, and economic growth rates will influence currency values.
• Market Sentiment: Investor behavior, driven by geopolitical events or financial market trends, can lead to currency appreciation or depreciation.

Conclusion

The KRW/NZD exchange rate has experienced fluctuations influenced by a combination of economic indicators, interest rate decisions, geopolitical events, and global market sentiment. Understanding these factors is crucial for stakeholders engaged in trade, investment, or financial planning involving these currencies. Continuous monitoring of economic developments and policy decisions in both South Korea and New Zealand will be essential for anticipating future movements in the exchange rate.