The NZD/USD exchange rate fell to 0.5750 on October 24, 2025, down 0.07% from the previous session. Over the past month, the New Zealand Dollar has weakened 0.25%, and is down by 3.79% over the last 12 months. New Zealand Dollar - values, historical data, forecasts and news - updated on October of 2025.

The exchange rate of the NZD/USD currency pair continued to decline over the course of 2022. As of October 9, 2025, the exchange rate reached approximately 0.58 U.S. dollars per New Zealand dollar. Being one of the most traded currency pairs in the world, the NZD/USD is closely connected to monetary policy from the Federal Reserve and the Reserve Bank of New Zealand. In early 2021, the yield on 10-year government bonds in the United States declined, which led to a weaker U.S. dollar against the New Zealand dollar.

Key information about New Zealand Exchange Rate against USD

• New Zealand Exchange Rate against USD averaged 1.609 (USD/NZD) in May 2023, compared with 1.610 USD/NZD in the previous month.
• New Zealand Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 2.506 in Nov 2000 and a record low of 0.673 in Oct 1973.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Exchange Rate against USD prior to January 1971 is sourced from the International Monetary Fund.


Key information about New Zealand Exchange Rate against USD

• In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 5.690 % pa in May 2023.
• Its Long Term Interest Rate (Government Bond Yield: 10 Years) was reported at 4.270 % pa in May 2023.
• The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 5.500 % pa in May 2023.

View market daily updates and historical trends for US Dollar to New Zealand Dollar Exchange Rate. Source: European Central Bank. Track economic data with…

Key information about New Zealand Real Effective Exchange Rate

• New Zealand Real Effective Exchange Rate (REER: 2005=100: Month Avg: New Zealand) was 93.2 in Jan 2025, compared with the number of 94.5 in the previous month.
• New Zealand Real Effective Exchange Rate data is updated monthly and averaged 107.2 from Jan 1984 to Jan 2025.
• The data reached an all-time high of 107.2 in Jul 2014 and a record low of 60.5 in Aug 1984.

CEIC calculates Real Effective Exchange Rate Index with base 2005=100. The Reserve Bank of New Zealand provides Real Effective Exchange Rate Index with base Oct2014=76.57. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about New Zealand Real Effective Exchange Rate

• In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 5.7 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 5.5 % pa in Jun 2023.
• New Zealand Exchange Rate against USD averaged 1.6 (USD/NZD) in Jun 2023.

NZ: Purchasing Power Parity: National Currency per USD data was reported at 1.460 USD/NZD in 2023. This records an increase from the previous number of 1.453 USD/NZD for 2022. NZ: Purchasing Power Parity: National Currency per USD data is updated yearly, averaging 1.469 USD/NZD from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 1.548 USD/NZD in 1989 and a record low of 0.976 USD/NZD in 1981. NZ: Purchasing Power Parity: National Currency per USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s New Zealand – Table NZ.OECD.MSTI: Exchange Rate: OECD Member: Annual.

New Zealand revised the methods of collection and estimation of R&D data respectively in 1984 (for the Higher Education sector), 1992 (for GUF), and 2001 (BERD and national total and HE personnel).

In 2016, part of R&D budgets previously reported in the “R&D financed from other sources than GUF” objective was reallocated to “economic development programmes” (more precisely to the “industrial production and technology” objective). GBARD figures have been revised back to 2007 resulting in a break in series. From 2006 onwards, GBARD data are collected from all government agencies, together with analysis of selected budgetary information. Prior to that year, data were derived from the budget estimate of the pool for science funding, together with figures on government departments’ operational research.

Key information about New Zealand Money Supply M2

• New Zealand Money Supply M2 was reported at 242.023 USD bn in Jan 2025
• This records an increase from the previous number of 240.664 USD bn for Dec 2024
• New Zealand Money Supply M2 data is updated monthly, averaging 82.112 USD bn from Mar 1988 to Jan 2025, with 443 observations
• The data reached an all-time high of 271.161 USD bn in Mar 2022 and a record low of 21.409 USD bn in Sep 1988
• New Zealand Money Supply M2 data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. The Reserve Bank of New Zealand provides Money Supply M2 in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

The New Zealand used car market, valued at NZD 289.06 million in 2025, is projected to experience robust growth, with a compound annual growth rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled by several key factors. Increasing vehicle ownership, particularly amongst younger demographics entering the market, coupled with the rising cost of new vehicles, drives demand for more affordable used options. Furthermore, a growing preference for SUVs and MUVs is reshaping the market segmentation. The organized sector is expected to gain market share due to increasing consumer trust in established dealerships offering warranties and financing options. However, the unorganized sector, characterized by private sales, remains a significant portion of the market, driven by price sensitivity amongst buyers. The shift toward electric and alternative fuel vehicles, though currently a smaller segment, represents a significant future trend, as environmental concerns and government incentives gain traction. Competition amongst established players like Paul Kelly Motor Company, Turners Automotive Group, and AutoTrader, alongside numerous smaller dealerships, keeps the market dynamic and ensures varied choices for consumers. The market's growth is also influenced by economic factors. Fluctuations in the New Zealand dollar and overall economic conditions can impact consumer spending on used vehicles. Potential restraints include the availability of used car imports and potential government regulations impacting the used car market, such as stricter emission standards. Segment analysis reveals a strong preference for SUVs and MUVs within the vehicle type segment, while the fuel type segment showcases the growing, albeit still smaller, presence of electric and alternative fuel vehicles. Over the forecast period (2025-2033), continued growth is anticipated, albeit potentially with some year-on-year variations reflecting broader economic trends and shifts in consumer preferences. The market will likely witness increased integration of online platforms and technological advancements enhancing transparency and streamlining the buying process. Recent developments include: August 2023: Andrew Simms, one of the leading dealer groups in New Zealand, collaborated with BYD Co. Ltd. Through this collaboration, the Andrew Simms Group enhanced their brand value across the country., May 2023: The New Zealand Government the Clean Car Fee/Rebate scheme to reduce vehicle emissions from imported used cars.. Key drivers for this market are: Online Sales Channel Witnessed Significant Market Growth. Potential restraints include: Trust And Transparency In Used Car Remained A Key Challenge For Consumers. Notable trends are: Hatchback Cars witnessing major growth.

Key information about New Zealand Foreign Exchange Reserves

• New Zealand Foreign Exchange Reserves was measured at 23.5 USD bn in Jan 2025, compared with 18.7 USD bn in the previous month
• New Zealand Foreign Exchange Reserves: USD mn data is updated monthly, available from Sep 2005 to Jan 2025
• The data reached an all-time high of 23.5 USD bn in Jan 2025 and a record low of 6.7 USD bn in Oct 2022

CEIC calculates monthly Foreign Exchange Reserves as the sum of Foreign Currency Reserves and Other Reserve Assets, which include other financial instruments denominated in foreign currency, and converts it into USD. The Reserve Bank of New Zealand provides Foreign Exchange Reserves in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Further information about New Zealand Foreign Exchange Reserves

• In the latest reports, New Zealand Foreign Exchange Reserves equaled 6.2 Months of Import in Jan 2025.
• Its Money Supply M2 increased 240.7 USD bn YoY in Dec 2024.
• New Zealand Domestic Credit reached 343.9 USD bn in Dec 2024, representing an increased of 2.2 % YoY.
• Household Debt of New Zealand reached 89.9 % in Sep 2024, accounting for 89.9 % of the country's Nominal GDP.

Key information about New Zealand Household Income per Capita

• New Zealand Annual Household Income per Capita reached 30,529.095 USD in Jun 2024, compared with the previous value of 28,969.713 USD in Jun 2023.
• New Zealand Annual Household Income per Capita data is updated yearly, available from Jun 2007 to Jun 2024, with an averaged value of 24,380.121 USD.
• The data reached an all-time high of 30,529.095 USD in Jun 2024 and a record low of 16,283.555 USD in Jun 2009.
• In the latest reports, Retail Sales of New Zealand grew 0.362 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Average Household Income, Number of Households and Total Population and converts it into USD. Stats NZ provides Average Household Income in local currency, Number of Households and Total Population. Federal Reserve Board average market exchange rate is used for currency conversions.