Exchange Rate Calculator

The exchange rate between the Mexican Peso (MXN) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the MXN/NZD exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

As of June 29, 2025, the MXN/NZD exchange rate stood at 0.08772, indicating that one Mexican Peso was equivalent to approximately 0.08772 New Zealand Dollars. (wise.com) Over the past six months, the exchange rate has experienced a modest appreciation of approximately 2.10%, suggesting a strengthening of the Mexican Peso relative to the New Zealand Dollar. (exchange-rates.org)

Key Exchange Rate Movements

• High Point: On May 22, 2025, the exchange rate reached its peak at 0.08773 NZD per MXN. (exchange-rates.org)

• Low Point: The lowest exchange rate during this period was recorded on April 15, 2025, at 0.08436 NZD per MXN. (exchange-rates.org)

• Average Rate: The average exchange rate over the past six months was approximately 0.08635 NZD per MXN. (exchange-rates.org)

Historical Context

Comparing the current exchange rate to previous years provides additional context:

• 2021: The MXN/NZD exchange rate fluctuated between 0.06753 and 0.07220, with an average rate of 0.06977 in January 2021. (exchange-rates.org)

• 2022: In January 2022, the exchange rate ranged from 0.07147 to 0.07365, averaging 0.07236. (exchange-rates.org)

• 2023: By October 2023, the exchange rate had risen to a high of 0.09534, with an average of 0.09375 for that month. (exchange-rates.org)

These figures indicate a general upward trend in the MXN/NZD exchange rate over the past few years, with some fluctuations.

Factors Influencing the Exchange Rate

Several factors may have contributed to the recent movements in the MXN/NZD exchange rate:

• Economic Performance: Differences in economic growth rates, inflation, and employment figures between Mexico and New Zealand can influence their respective currencies.

• Interest Rates: Central bank policies, including interest rate decisions by the Bank of Mexico and the Reserve Bank of New Zealand, affect currency attractiveness to investors.

• Commodity Prices: Both countries have economies sensitive to commodity prices. Fluctuations in oil prices (affecting Mexico) and dairy prices (impacting New Zealand) can sway their currencies.

• Global Market Sentiment: Investor risk appetite and global economic conditions can lead to shifts in currency demand, impacting exchange rates.

Conclusion

The MXN/NZD exchange rate has shown a gradual appreciation of the Mexican Peso against the New Zealand Dollar over the past six months, continuing a broader trend observed in recent years. This movement reflects a complex interplay of economic indicators, central bank policies, commodity price changes, and global market dynamics. Stakeholders should monitor these factors closely to make informed decisions regarding currency-related transactions.