Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Chinese Yuan Renminbi (CNY) has exhibited notable fluctuations over the past few months. This report provides an analysis of the NZD/CNY exchange rate from January to May 2025, highlighting key trends, influencing factors, and future projections.

Exchange Rate Trends: January to May 2025

January 2025:
The NZD/CNY exchange rate experienced a downward trend in January. The highest rate was 4.1560 on January 20, while the lowest was 4.0471 on January 30. The average exchange rate for the month was approximately 4.1019. (exchange-rates.org)

February 2025:
February saw a slight recovery in the NZD/CNY exchange rate. The highest rate reached 4.1873 on February 20, and the lowest was 4.0537 on February 3. The average exchange rate for the month was around 4.1325. (exchange-rates.org)

March 2025:
In March, the exchange rate continued its upward trajectory. The highest rate was 4.1597 on March 6, and the lowest was 4.0925 on March 3. The average exchange rate for the month was approximately 4.1350. (exchange-rates.org)

April 2025:
April maintained a stable trend with a slight increase. The average exchange rate was 4.1417, with a minimum of 4.1211 and a maximum of 4.1624. (midforex.com)

May 2025:
May continued the positive momentum. The average exchange rate was projected to be 4.1409, with a minimum of 4.1203 and a maximum of 4.1616. (midforex.com)

Factors Influencing the NZD/CNY Exchange Rate

Several factors have influenced the NZD/CNY exchange rate during this period:

1. Economic Indicators:

   • New Zealand: Economic performance, including GDP growth and trade balances, has impacted the NZD.
   • China: China's economic policies and trade relations have influenced the CNY.

2. Interest Rates:

   • Decisions by the Reserve Bank of New Zealand and the People's Bank of China regarding interest rates have affected investor sentiment and currency valuations.

3. Global Market Sentiment:

   • Global economic conditions, including commodity prices and trade agreements, have played a role in currency fluctuations.

Future Projections

Looking ahead, forecasts suggest a gradual appreciation of the NZD against the CNY. Projections for the coming months are as follows:

• June 2025: Average rate of 4.1401, with a range between 4.1194 and 4.1607.
• July 2025: Average rate of 4.1421, with a range between 4.1215 and 4.1628.
• August 2025: Average rate of 4.1463, with a range between 4.1256 and 4.1669.

These projections indicate a stable to slightly appreciating trend for the NZD against the CNY. (midforex.com)

Conclusion

The NZD/CNY exchange rate has shown a pattern of fluctuation with a general upward trend from January to May 2025. Economic indicators, interest rate decisions, and global market sentiment have been key drivers of these movements. Future projections suggest a continuation of this trend, with the NZD expected to maintain or slightly increase its value against the CNY in the coming months.