NZD/CAD Exchange Rates

Stay up to date with the latest New Zealand Dollar to Canadian Dollar exchange rates, all in one place. Whether you’re sending money overseas, receiving funds from New Zealand, or just tracking the market, we make it easy to see how the NZD is performing against the CAD. Our insights are useful for anyone making personal or business transfers, as well as travellers, investors, and anyone keeping an eye on the NZD to CAD 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 New Zealand to Canada, these fluctuations can significantly affect how much arrives at the other end. Keeping track of the latest NZD to CAD 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 NZD/CAD and CAD/NZD conversions, showing at a glance how much you’d get in the other currency for different amounts. On the left, you’ll see the Canadian Dollar (CAD) value for various New Zealand Dollar (NZD) amounts, and on the right, the reverse. It’s a handy guide to see how the NZD/CAD exchange rate works across a range of values.

Currency Comparison

This table offers a side-by-side look at the New Zealand Dollar (NZD) and Canadian Dollar (CAD), 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 DetailsNZDCAD
NameNew Zealand DollarCanadian Dollar
NicknameKiwi, Buck, DoshLoonie, Toonie, Buck
Symbol$$
Minor UnitCentCent
Minor Unit Symbolcc
CountryNew ZealandCanada
Central BankReserve Bank of New Zealand (RBNZ)Bank of Canada
Year Introduced19671858
Countries of UsageNew Zealand, Cook Islands, Niue, TokelauCanada
Major Currency Rank147

New Zealand Dollar to Canadian Dollar Trend

This interactive chart tracks NZD/CAD trends over the past year, showing how the New Zealand has moved against the Canadian Dollar. You can adjust the time range (7, 14, or 60 days) to zoom in on recent NZD to CAD 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 NZD/CAD

This table shows the historical exchange rate ranges for the NZD/CAD 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

NZD/CAD History

2026

In 2026, the average NZD/CAD exchange rate was approximately 0.8107

The NZD/CAD hit its highest point of the year on August 4, 2026, when the rate was approximately 0.8280

Its lowest point came on January 1, 2026, when the rate was approximately 0.7903

2011-2025

Between 2011-2025, the average NZD/CAD exchange rate was approximately 0.8613.

The highest NZD/CAD rate in this period was on November 5, 2016, when the rate was 0.9823.

The lowest NZD/CAD rate in this period was on March 17, 2011, when the rate was approximately 0.7109.

The latest NZD/CAD exchange rate is currently:

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

Factors Influencing Future Movements

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

  • Economic Growth:The New Zealand Dollar’s value against the Canadian Dollar is shaped by the relative performance of the two economies. New Zealand is forecast to grow by about 1.5% in 2025 and 1.7% in 2026, while Canada is projected to expand by 1.6% in 2025 and 1.8% in 2026. With growth rates relatively close, external drivers such as global trade flows and regional demand often play a larger role in NZD/CAD movements than growth differentials alone.
  • Interest Rates: Monetary policy decisions by the Reserve Bank of New Zealand (RBNZ) and the Bank of Canada (BoC) are important drivers of the exchange rate. By the end of 2026, New Zealand’s policy rate is expected to stand near 3%, compared with 2.75% in Canada. This slight rate advantage may support the NZD, though differences in inflation paths and central bank guidance can quickly shift investor sentiment between the two currencies.
  • Trade Dynamics: Direct trade between New Zealand and Canada is modest, consisting mainly of agricultural products, manufactured goods, and services. However, both countries are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which expands market access across the Pacific region and strengthens bilateral ties. Canada’s trade remains heavily concentrated with the United States, while New Zealand’s is oriented toward Asia-Pacific markets, particularly Australia and China. As such, NZD/CAD is often more reflective of how each country’s trade relationships evolve with their major partners rather than direct bilateral flows.
  • Global Market Sentiment: Both the NZD and CAD are considered cyclical currencies, sensitive to shifts in global risk appetite. The CAD often reflects North American economic conditions and investor flows into Canada, while the NZD responds more strongly to Asia-Pacific demand and regional sentiment. By 2026, 10-year New Zealand bond yields are projected at about 3.8%, compared with 3.7% for Canadian bonds, giving New Zealand a small yield advantage. However, global risk trends remain the decisive factor in NZD/CAD performance.

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