Commodity market report

New Zealand exchange rate outlook Q1 2015



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Report summary

Following years of appreciation against the US dollar the New Zealand dollar weakened through late 2014. Lower commodity prices and the end of US quantitative easing were the principal drivers. With relatively high domestic interest rates and strong growth in agricultural exports fundamental support for the NZD is strong. Will it be it be enough to prevent further depreciation?

What's included

This report contains

  • Document

    Exchange Rate Forecast Q1 2015.xls

    XLS 116.00 KB

  • Document

    New Zealand exchange rate outlook Q1 2015

    ZIP 387.57 KB

  • Document

    New Zealand exchange rate outlook Q1 2015

    PDF 340.31 KB

  • Document

    Executive summary

    PDF 177.81 KB

Table of contents

  • Executive summary

Tables and charts

This report includes 5 images and tables including:


  • Nominal Exchange Rate:
  • Real Trade Weighted Exchange Rate Index
  • Interest Rates
  • Terms of Trade


  • Exchange rate forecasts

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