CAD/NZD Exchange Rates

Stay up to date with the latest Canadian Dollar to New Zealand Dollar exchange rates, all in one place. Whether you’re sending money overseas, receiving funds from Canada, or just tracking the market, we make it easy to see how the CAD is performing against the NZD. Our insights are useful for anyone making personal or business transfers, as well as travellers, investors, and anyone keeping an eye on the CAD to NZD exchange rate.

Mid-Market Exchange Rate

£
1.00 British Pound =1.15 Euros
1.00 BGR =1.15300946 EUR
1.00 EUR =0.85300946 BGR
Our currency converter displays mid-market exchange rates. You won’t receive these rates when making transfers.
Last updated:  Jan 1, 2024

Exchange rates move constantly, shifting throughout the day with global markets, central bank decisions, and wider economic trends. For anyone sending money from Canada to New Zealand, these fluctuations can significantly affect how much arrives at the other end. Keeping track of the latest CAD to NZD movements allows you to time your transfer more effectively, so you can make the most of stronger rates

See live transfer rates and what you’ll pay

Understanding the mid-market rate is a great starting point, but the real savings come from comparing what providers actually offer. Use our tool to discover the live exchange rates and total costs from leading providers.

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Popular Conversions

This table provides a quick reference for CAD/NZD to NZD/CAD conversions, showing at a glance how much you’d get in the other currency for different amounts. On the left, you’ll see the New Zealand Dollar (NZD) value for various Canadian Dollar (CAD) amounts, and on the right, the reverse. It’s a handy guide to see how the CAD/NZD exchange rate works across a range of values.

Currency Comparison

This table offers a side-by-side look at the Canadian Dollar (CAD) and New Zealand Dollar (NZD), covering key facts about each currency. You’ll find details like their names, symbols, nicknames, minor units, and the countries where they’re used. It also shows which central bank issues them, when they were introduced, and how they rank globally in terms of usage. It’s a quick way to get familiar with the background of both currencies.

Basic DetailsCADNZD
NameCanadian DollarNew Zealand Dollar
NicknameLoonie, Toonie, BuckKiwi, Buck, Dosh
Symbol$$
Minor UnitCentCent
Minor Unit Symbolcc
CountryCanadaNew Zealand
Central BankBank of CanadaReserve Bank of New Zealand (RBNZ)
Year Introduced18581967
Countries of UsageCanadaNew Zealand, Cook Islands, Niue, Tokelau
Major Currency Rank714

Canadian Dollar to New Zealand Dollar Trend

This interactive chart tracks CAD/NZD trends over the past year, showing how the Canadian Dollar has moved against the New Zealand Dollar. You can adjust the time range (7, 14, or 60 days) to zoom in on recent CAD to NZD exchange rate movements and spot short-term patterns. Hover over any point to see the exact exchange rate and date, with the percentage change for your chosen period displayed clearly in the top corner for quick reference.

Chart placeholder

Historical Rates for CAD/NZD

This table shows the historical exchange rate ranges for the CAD/NZD currency pair over different time periods. For each period, you can see the lowest and highest rates recorded, giving you a sense of how the exchange rate has moved over time: from today, the past few days, up to the last 10 years, and even all time data. It’s a useful way to spot long-term trends or compare how the rate has shifted more recently.

PeriodLowHigh
Today1.11111.2222
Past 7 Days1.11111.2222
Past 30 Days1.11111.2222
Past 60 Days1.11111.2222
Past 10 Years1.11111.2222
All time1.11111.2222

CAD/NZD History

2026

In 2026, the average CAD/NZD exchange rate was approximately 1.2336

The CAD/NZD hit its highest point of the year on January 1, 2026, when the rate was approximately 1.2653

Its lowest point came on August 4, 2026, when the rate was approximately 1.2077

2011-2025

Between 2011-2025, the average CAD/NZD exchange rate was approximately 1.1650.

The highest CAD/NZD rate in this period was on March 17, 2011, when the rate was 1.4067.

The lowest CAD/NZD rate in this period was on November 4, 2016, when the rate was approximately 1.0181.

The latest CAD/NZD exchange rate is currently:

Amount
1.000
CADCAD
Converted to
1.111
NZDNZD
Date
22 July 2024
1.000CAD
=
1.111NZD

Factors Influencing Future Movements

Some of the main factors set to influence the CAD/NZD exchange rate are:

  • Economic Growth:The Canadian Dollar’s performance against the New Zealand Dollar reflects the relative strength of their economies. Canada is forecast to expand by around 1.6% in 2025 and 1.8% in 2026, while New Zealand is expected to grow more modestly at 1.5% and 1.7%. These relatively similar growth outlooks suggest limited divergence, though external demand and regional dynamics often create short-term shifts in CAD/NZD.
  • Interest Rates: Monetary policy set by the Bank of Canada (BoC) and the Reserve Bank of New Zealand (RBNZ) is a key driver of the CAD/NZD exchange rate. By the end of 2026, Canada’s policy rate is projected at about 2.75%, compared with 3% for New Zealand. This modestly higher rate outlook in New Zealand could support the NZD, though differences in inflation pressures and central bank guidance may shift investor expectations.
  • Trade Dynamics: Canada and New Zealand maintain relatively modest direct trade flows, covering agricultural products, manufactured goods, and services. However, each country’s currency is more influenced by its major trade partners: Canada’s trade is dominated by the United States, while New Zealand relies on Asia-Pacific markets, particularly Australia and China. Both countries are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which provides tariff reductions and broader market access. CAD/NZD movements therefore often reflect how each economy interacts with its regional trade blocs rather than bilateral flows.
  • Global Market Sentiment: Both the CAD and NZD are considered cyclical currencies, meaning they tend to perform well when global markets are stable and risk appetite is strong. However, they are influenced by different external drivers: the CAD is often shaped by North American market conditions and investor flows into Canadian assets, while the NZD responds more to Asia-Pacific demand and regional sentiment. By 2026, 10-year Canadian bond yields are projected at around 3.7%, compared with 3.8% for New Zealand. This small yield advantage for the NZD could support the kiwi, but global market sentiment remains the overriding factor in CAD/NZD movements.

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