Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Mexican Peso (MXN) has exhibited notable fluctuations over the past several months. This report provides an analysis of the recent trends, factors influencing these movements, and forecasts for the near future.

Recent Exchange Rate Trends

As of June 3, 2025, the NZD/MXN exchange rate stands at approximately 11.56, indicating that one New Zealand Dollar is equivalent to 11.56 Mexican Pesos. Over the past 90 days, the exchange rate has experienced a high of 11.7888 and a low of 11.3388, with an average rate of 11.5762. This represents a 1.78% change over the period. (wise.com)

Historical Performance

Examining the exchange rate over the past year reveals significant volatility. The highest rate recorded was 12.5635 on September 30, 2024, while the lowest was 9.8137 on April 10, 2024. This indicates a substantial range of fluctuation within a 12-month period. (poundsterlinglive.com)

Factors Influencing Exchange Rate Movements

Several factors have contributed to the fluctuations in the NZD/MXN exchange rate:

• Economic Indicators: Differences in economic performance between New Zealand and Mexico, including GDP growth rates, employment figures, and trade balances, have influenced investor confidence and currency valuations.

• Monetary Policies: Divergent monetary policies by the Reserve Bank of New Zealand and the Bank of Mexico, particularly regarding interest rates, have impacted the attractiveness of each currency to investors.

• Commodity Prices: Both countries have economies sensitive to commodity prices. New Zealand's economy is influenced by dairy and agricultural exports, while Mexico's economy is affected by oil prices. Variations in these commodity markets have had corresponding effects on the NZD and MXN.

• Global Economic Events: International events, such as changes in trade agreements, geopolitical tensions, and global financial market trends, have also played a role in the exchange rate dynamics between the NZD and MXN.

Forecasts and Future Outlook

Looking ahead, forecasts suggest a modest appreciation of the NZD against the MXN. For instance, projections indicate that the NZD/MXN exchange rate could reach 11.92 within the next month, representing a 1.57% increase from the current rate. Over the next six months, the rate is expected to rise by 2.85% to approximately 12.07. (coincodex.com)

However, it's important to note that other analyses predict a potential decline in the exchange rate. Some forecasts suggest that the NZD/MXN rate may drop from 11.586 to 10.607, indicating an 8.449% decrease. (walletinvestor.com)

Conclusion

The NZD/MXN exchange rate has experienced significant volatility over the past year, influenced by a range of economic indicators, monetary policies, commodity prices, and global events. While some forecasts predict a modest appreciation of the NZD against the MXN in the near future, others anticipate a potential decline. Given the inherent uncertainties in currency markets, it is advisable for investors and businesses engaged in NZD/MXN transactions to monitor economic developments closely and consider hedging strategies to mitigate potential risks.