Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the British Pound (GBP) has experienced notable fluctuations over the past few months. Understanding these movements requires an examination of recent trends, technical indicators, and economic factors influencing both currencies.

Recent Trends in NZD/GBP Exchange Rate

As of July 2, 2025, the NZD/GBP exchange rate stood at approximately 0.4431, indicating that one New Zealand Dollar was equivalent to 0.4431 British Pounds. (midforex.com) This represents a slight decrease from the previous day's close of 0.4450. (poundsterlinglive.com)

Over the past six months, the exchange rate has exhibited significant volatility. The highest rate during this period was 0.4607 GBP per NZD on January 20, 2025, while the lowest was 0.4282 GBP per NZD on April 7, 2025. (poundsterlinglive.com) This range reflects a depreciation of the NZD against the GBP by approximately 7% from its peak to its trough.

Technical Analysis

Technical indicators provide insights into the potential future movements of the NZD/GBP exchange rate. As of June 3, 2025, the Relative Strength Index (RSI) was at 46.621, suggesting neutral market conditions. The Moving Average Convergence Divergence (MACD) indicated a buy signal, while the Average Directional Index (ADX) at 34.369 suggested a strong trend. However, other indicators like the Williams %R and Commodity Channel Index (CCI) pointed towards selling pressure. (investing.com)

Moving averages presented a mixed picture. Short-term moving averages (5, 10, and 20 periods) signaled sell, whereas longer-term moving averages (50, 100, and 200 periods) indicated buy signals. This divergence suggests potential short-term bearishness with a more optimistic long-term outlook. (investing.com)

Economic Factors Influencing the Exchange Rate

Several economic factors have influenced the NZD/GBP exchange rate:

• Interest Rates: Differences in interest rates set by the Reserve Bank of New Zealand (RBNZ) and the Bank of England (BoE) can impact investor attraction to each currency.

• Economic Performance: Indicators such as GDP growth, inflation rates, and employment figures in both countries affect currency strength.

• Trade Balances: New Zealand's export-driven economy means that changes in commodity prices and trade relationships can influence the NZD.

• Political Stability: Political events and policies in either country can lead to fluctuations in the exchange rate.

Forecasts and Predictions

Analysts have provided forecasts for the NZD/GBP exchange rate in the coming months. Projections suggest a gradual appreciation of the NZD against the GBP, with the exchange rate expected to reach 0.4483 by September 2025, 0.4518 by December 2025, and 0.4523 by March 2026. (exchangerates.org.uk) These forecasts indicate a modest upward trend, reflecting expectations of economic conditions and monetary policies in both countries.

Conclusion

The NZD/GBP exchange rate has shown considerable volatility over the past six months, influenced by a combination of technical factors and economic fundamentals. While short-term technical indicators present a mixed outlook, longer-term forecasts suggest a gradual appreciation of the NZD against the GBP. Investors and traders should monitor ongoing economic developments and central bank policies in both New Zealand and the United Kingdom to make informed decisions regarding this currency pair.