NZD/USD Forecast: 2026, 2030, 2040 Price Predictions & Analysis

This article presents the NZD/USD forecasts for 2026, 2030 and 2040 as broadcast by banks and retail sources. These forecasts come on the backdrop of Fed easing expectations for 2026, which have sent the US Dollar to 3-month lows versus the antipodean and other G10 currencies.

The NZD/USD long-term forecasts also have some technical basis, as the long-term chart shown below indicates that the pair has formed a double bottom with neckline located at the $0.6096 price mark. Many institutional sources indicate that the neckline could be reached as soon as end-March 2026, as will be shown in some of the NZD/USD price forecast summaries below.

Live Chart

NZD/USD forecast 2026

The NZD/USD forecasts for 2026 are provided majorly by three institutional entities. NAB Markets has an NZD/USD end-2026 forecast of $0.63. It expects the price to start from a Q1 level of $0.60 and move towards the $0.62 mark in June 2026.

Westpac Economics provided its NZD/USD forecast for 2026 in its December Westpac Market Outlook, calling for a $0.60 price by end-2026.

MUFG’s Monthly FX Outlook as published in December 2025 called for the pair to hit $0.58 in March 2026, climbing to $0.60 by year end.

NZD/USD forecast 2030

Retail-focused blogs have forecast NZD/USD price levels for 2030. They are the predominant USD to NZD forecasts for that time frame, as banks and institutional entities typically do not provide price forecasts beyond 1-2 years. The NZD/USD price forecasts cluster around the $0.53-$0.55 price band. Falling under this category are NZD/USD exchange rate forecasts by CoinCodex ($0.5306), Gov.Capital ($0.5488) and Traders Union ($0.5372).

Wallet Investor’s NZD/USD forecast falls slightly below this band, coming in at $0.478 by December 2030.

NZD/USD forecast 2040

The NZD/USD long-term forecasts for 2040 are hard to come by because the long-term nature of this time frame makes any price forecasts highly speculative and unpredictable.

The drivers for the NZD/USD will continue to be the USD to NZD exchange rate differentials, global risk sentiment and growth cycles, Chinese cycles and terms of trade with NZ commodities and the external balance/funding conditions in New Zealand.

Technical Analysis & Market Trends

The NZD to USD forecast may have a bullish tone to it, but what does the technical analysis of the chart say?

The price is currently testing the 0.5756 support, the prior low of 26 September 2025. This follows the decline from the 0.5845 resistance that took out the 0.5795 support. A breakdown of the current support brings 0.5713 into the picture, being the former low of 2 December. The 14 October low at 0.5685 forms an additional layer of support.

However, a defence of the 0.5756 support could provide the basis for a bounce that challenges 0.5795 initially, before 0.5845 comes back into focus for a retest. The 1 September high at 0.5914 becomes the new upside target if 0.5845 is uncapped.

Key Drivers: Interest Rates & Economic Data

The bank NZD/USD forecasts cluster around the $0.60 – $0.63 price range, with a gradual uptick in price from Q1 to Q4 2026. The fundamental drivers behind the NZD/USD forecasts have a heavy bias around broad USD weakness as the impact of the expected Fed rate cuts seep through. The Fed easing expectations are generally supportive of the bullish forecasts for the NZD/USD.

Furthermore, institutional analysts are also forecasting that the Reserve Bank of New Zealand (RBNZ) is nearing the end of its easing cycle. NAB Markets specifically implies that an RBNZ floor will remove any downside winds for the Kiwi Dollar and provide support for a more constructive outlook.

As usual, the pair remains susceptible to global risk sentiment, and any repricing of rate cut bets for both the RBNZ and the Fed.

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