Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past few months, influenced by various economic factors and market sentiments. This report provides an in-depth analysis of the recent trends, technical indicators, and future projections for the NZD/CAD currency pair.

Recent Exchange Rate Trends

Over the past six months, the NZD/CAD exchange rate has experienced significant volatility. The highest rate recorded was 0.83305 CAD per NZD on March 19, 2025, while the lowest was 0.78776 CAD on April 8, 2025. The average exchange rate during this period was approximately 0.81759 CAD. (exchangerates.org.uk)

In the more recent three-month period, the exchange rate has shown an upward trend. Starting from a low of 0.7878 CAD on April 8, 2025, the NZD appreciated by approximately 5.42%, reaching around 0.8305 CAD by June 28, 2025. (exchangerates.org.uk)

Technical Analysis

As of June 28, 2025, the NZD/CAD exchange rate is trading near its 8-day Exponential Moving Average (EMA) and is above its 21-day EMA by 0.73%, its 50-day EMA by 0.89%, and its 100-day EMA by 1.07%. These indicators suggest a bullish momentum in the short term. The Moving Average Convergence Divergence (MACD) line is above its signal line, indicating positive momentum and confirming an uptrend. (exchangerates.org.uk)

The Relative Strength Index (RSI) is at 54.33, indicating a neutral to slightly bullish sentiment. The Average True Range (ATR) at 0.0068 suggests moderate volatility, while the Average Directional Index (ADX) at 9.91 reflects a weak trend. These indicators suggest cautious optimism for the NZD/CAD, with potential upward movement if bullish signals strengthen. (fxleaders.com)

Fundamental Factors Influencing NZD/CAD

Several fundamental factors have influenced the NZD/CAD exchange rate:

• Interest Rate Differentials: Differences in interest rates set by the Reserve Bank of New Zealand (RBNZ) and the Bank of Canada (BoC) can impact investor attraction to these currencies.

• Commodity Prices: Both New Zealand and Canada are commodity-exporting nations. Fluctuations in commodity prices, particularly oil for Canada and dairy products for New Zealand, can affect their respective currencies.

• Economic Data Releases: Economic indicators such as GDP growth, employment rates, and trade balances from both countries influence investor sentiment and currency valuations.

• Global Economic Conditions: Global economic trends and geopolitical events can lead to shifts in risk appetite, affecting demand for the NZD and CAD.

Forecasts and Projections

Forecasts for the NZD/CAD exchange rate suggest a potential decline in the coming months. Projections indicate the rate may reach 0.8100 by September 2025, 0.7950 by December 2025, and 0.7900 by March 2026. (exchangerates.org.uk)

Another analysis forecasts a 2.18% increase in the NZD/CAD rate over the next six months, reaching approximately 0.84224 CAD. Over the next year, a 2.41% rise is anticipated, resulting in a rate of 0.844171 CAD. (coincodex.com)

Conclusion

The NZD/CAD exchange rate has demonstrated significant volatility over the past few months, influenced by technical indicators and fundamental economic factors. While recent trends suggest a bullish momentum, forecasts indicate potential fluctuations in the near future. Investors and traders should closely monitor economic developments, central bank policies, and global market conditions to make informed decisions regarding the NZD/CAD currency pair.