Exchange Rate Calculator

As of June 3, 2025, the New Zealand Dollar (NZD) to British Pound (GBP) exchange rate stands at approximately 0.4462. (exchangerates.org.uk) This figure reflects a slight appreciation of the NZD against the GBP over the past week but a depreciation over the past month.

Recent Exchange Rate Performance

Over the past week, the NZD/GBP exchange rate has increased by approximately 0.9%, rising from 0.4422 to 0.4462. (exchangerates.org.uk) However, over the past month, the exchange rate has decreased by about 2.08%, down from 0.4555. (exchangerates.org.uk) This indicates short-term volatility with a recent upward trend.

Historical Context

Looking at a broader timeframe, the NZD/GBP exchange rate has experienced fluctuations over the past year. The highest rate in the past 52 weeks was 0.4852 on June 21, 2024, while the lowest was 0.4395 on March 13, 2025. (poundsterlinglive.com) This range highlights the currency pair's volatility and the impact of various economic factors over time.

Technical Analysis

As of March 17, 2025, technical indicators suggested a strong buy signal for the NZD/GBP pair. The Relative Strength Index (RSI) was at 70.888, indicating potential overbought conditions. Other indicators, such as the Moving Average Convergence Divergence (MACD) and the Average Directional Index (ADX), also supported a bullish outlook. (investing.com) It's important to note that these indicators are time-sensitive and should be considered in the context of current market conditions.

Forecasts and Projections

Forecasts for the NZD/GBP exchange rate vary among analysts. Some projections suggest a slight increase, with the rate reaching 0.4525 in three months, representing a 0.96% rise from the current rate. (exchangerates.org.uk) Other forecasts anticipate a decrease, with the rate potentially falling to 0.433073 over the next six months, a decline of approximately 3.38%. (coincodex.com) These differing projections underscore the uncertainty and complexity of currency markets.

Factors Influencing the NZD/GBP Exchange Rate

Several factors can influence the NZD/GBP exchange rate:

• Economic Indicators: Differences in economic performance between New Zealand and the UK, such as GDP growth, employment rates, and inflation, can impact the exchange rate.

• Monetary Policy: Decisions by the Reserve Bank of New Zealand and the Bank of England regarding interest rates and monetary policy can affect currency valuations.

• Trade Relations: The trade balance between the two countries, including export and import levels, can influence demand for each currency.

• Global Events: Geopolitical developments, commodity price fluctuations, and global economic trends can also impact exchange rates.

Conclusion

The NZD/GBP exchange rate has shown both short-term appreciation and longer-term depreciation trends. While technical indicators have previously suggested a bullish outlook, forecasts remain mixed, reflecting the inherent uncertainties in currency markets. Investors and businesses should monitor economic indicators, central bank policies, and global events to make informed decisions regarding this currency pair.