GBP/NZD Exchange Rates

Keep track of the GBP/NZD exchange rate with us. Whether you’re an investor, a traveler, or just curious, we’ve got all the latest information to help you stay informed about these two currencies.

Exchange Rates

£
1.00 British Pound =1.15 Euros
1.00 BGR =1.15300946 EUR1.00 EUR =0.85300946 BGR

About the Pound Sterling

  • The British Pound Sterling, commonly known simply as the pound, was introduced in the 8th century.
  • The British Pound Sterling is used in the United Kingdom, Gibraltar, the South Sandwich Islands, the Isle of Man, South Georgia, and the British Antarctic Territory.
  • It is considered one of the world’s major currencies, historically being the oldest currency still in use today.
  • The symbol for the British Pound Sterling is £ (GBP).
  • It is regulated by the Bank of England.

GBP/NZD History

2023

In 2023, the GBP/NZD average exchange rate was 2.0258.
The highest rate point of the year was on August 22, 2023, when the rate was 2.1519.
The lowest rate point of the year was on February 3, 2023, when the rate was 1.8863.

2010-2023

Between 2010 and 2023, the GBP/NZD average exchange rate was 1.9811.
The highest rate in this period was on September 10, 2015, when the rate was 2.4504.
The lowest rate in this period was on November 9, 2016, when the rate was 1.6802.

GBP/NZD Predictions and Expectations

The GBP/NZD currency pair remains a significant indicator of economic interaction between the United Kingdom and New Zealand, encapsulating trade dynamics, investment flows, and broader economic sentiments. Drawing on historical data and forecasts from leading financial analysts, we present a detailed, stats-heavy outlook for the GBP/NZD exchange rate for 2024, 2025, and beyond.

2024 and 2025 Outlook

The upcoming years, 2024 and 2025, are poised to be pivotal for the GBP/NZD exchange rate, shaped by economic recoveries and monetary policies post-pandemic. Analysts forecast a period of volatility with a bullish undertone as the world economy seeks a new equilibrium.

In 2024, projections suggest a gradual strengthening of the GBP against the NZD, starting the year with an exchange rate hovering around 2.074 NZD and experiencing mild fluctuations. Predicted rates for March and April 2024 indicate a cautious optimism, with an expected rise to 2.085 by the end of March and a slight adjustment to 2.090 in April. This reflects market sentiment that anticipates economic stimuli from both countries but remains wary of global uncertainties​.

2025 is expected to continue the trend, with the first quarter showing a marked increase. By February, the exchange rate is projected to reach 2.163, showcasing a robust recovery trajectory. The rate is expected to peak in March at approximately 2.228 NZD, driven by anticipated policy adjustments and economic data releases. However, a recalibration is forecasted towards the latter half of the year, with a more tempered outlook leading to an exchange rate of 2.206 by December​.

GBP NZD exchange rate outlook for 2024 and 2025

Beyond 2025: Long-Term Trends

The long-term outlook beyond 2025 underscores a continued pattern of ebb and flow in the GBP/NZD exchange rate, reflective of broader economic cycles and geopolitical influences. Forecast data extending into 2026 and 2027 suggest a nuanced landscape:

  • 2026 is anticipated to start with a gradual increase, setting the stage for a year of modest growth. The exchange rate could oscillate, reaching highs of around 2.290 in February but experiencing dips to 2.131 by March 2028, underscoring the influence of trade negotiations, interest rate decisions, and economic indicators on currency strength​
  • Moving into 2027 and beyond, analysis indicates a stabilization with a slight upward bias. The exchange rate is predicted to adjust to global economic conditions, with speculative peaks potentially touching 2.299 in December 2026, before correcting slightly. This period could highlight the impact of fiscal policies, commodity prices, and market sentiment on the trading pair.
GBP NZD exchange rate beyond 2025

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