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Last modified on November 17th, 2017 3:59 am

When converting New Zealand dollars (NZD) to Japanese Yen (JPY), or JPY to NZD, by exchanging via Direct FX, you will save a significant amount of money. Our wholesale currency exchange rates for money transfers are significantly more competitive than bank foreign exchange rates. Being Australasian based, we specialise in knowing what drives NZD/JPY currency conversion rates.

NZD to JPY Overview:The NZD is regarded as a “growth currency”, and will therefore generally appreciate when the global economic outlook is positive. The YEN is seen as a “safe haven currency”, and will therefore generally appreciates in times of global uncertainty. As a result the NZD to JPY rate is relatively volatile and not always indicative of the two economies fundamentals.

Historical Ranges: 1 year 5 years 10 years
NZD/JPY 75.95 – 89.13 72.37 – 105.41 55.08 – 107.82

Current Official Cash Rates:
Reserve Bank of New Zealand (RBNZ): 1.75%         Bank of Japan (BOJ): -0.1%

NZD to JPY Update:

Click here for NZDJPY charts

The New Zealand dollar (NZD) has tracked lower this week against the Japanese Yen (JPY) and is now at 77.42. Immediate resistance is at 77.30, then 76.90, and the pair should hold around current levels to close the week but there is a NZD downside bias to this cross. A test of 77.00 on the cards for next week.

NZD/JPY Exchange Rates: 

The current interbank midrate is: NZDJPY 77.40

The interbank range this week has been: NZDJPY 77.35 – 78.85

NZD to JPY Update:

Click here for NZDJPY charts

Impact on this currency pair:

The New Zealand dollar (NZD) is now at 78.12 against the Japanese Yen (JPY) dropping from 78.90 highs on Friday. Immediate support is at 78.00 which looks likely to be tested later tonight with an extension to the 77.35 level possible. Again USD/JPY moves will drive this cross.

NZD/JPY Exchange Rates: 

Current Level Support Resistance Last week’s range
NZD/YEN 78.03 75.50 79.80 78.00 – 79.43

NZD to JPY Update:

Impact on this currency pair:

The New Zealand dollar (NZD) is now at 78.80 against the Japanese Yen (JPY) after a 79.45 high off the back of the RBNZ announcement yesterday. It should hold current levels to end the week but we favour downside test out into next week, especially if geopolitical tensions driven from the Middle East return. Click here to access previous NZD/JPY updates. Click here to access NZD/JPY currency charts .

Exchange Rates: 

The current interbank midrate is: NZDJPY 78.86

The interbank range this week has been: NZDJPY 78.50 – 79.43

NZD/JPY
Direct FX – NZD to JPY Exchange Rate

NZD/JPY

The New Zealand dollar is currently sitting around 78.97 and we look for a test of 79.25 over the next 12/24 hrs. If no major RBNZ change we look for the NZD to continue to recover lost ground against the Japanese Yen. Any uptick in Nth Korean tensions will see a JPY bounce however. Click here to access NZD/JPY currency charts.

Current Level Support Resistance Last week’s range
NZD/YEN 78.96 75.50 79.80 77.36 – 79.20

NZD/JPY

Impact on this currency pair:

The New Zealand dollar is now at 78.82 vs the Japanese Yen in a sideways pattern over the last few days, we look for 79.00 to be taken out over the few days and 79.25 to be tested next week if the weaker USD/JPY continues. Click here to access NZD/JPY currency charts.

Exchange Rates:

The current interbank midrate is: NZDJPY 78.85

 

The interbank range this week has been: NZDJPY 77.36 – 78.97
NZD/JPY
Direct FX – NZD to JPY exchange rate chart

NZD/JPY 

The New Zealand dollar continues to slide on this cross, now at 77.55 well below the 78.50 support level. It has pretty much been one-way traffic down for the NZD on this cross so we would expect some correction, but at the moment the bear trend is intact…next stop 76.90. Click here to access NZD/JPY currency charts.

Current Level Support Resistance Last week’s range
NZD/YEN 86.83 75.50 79.80 77.45 – 78.88

NZD/JPY

Impact on this currency pair:

We have seen consistent declines for the New Zealand dollar vs the Japanese Yen this week, and at this stage there is little sign the move is nearing an end. The pair has broken below the lows set in early September around 78.20, and while below that level all the risks are focused on the downside. If we were to get a recovery back above 78.20, then the outlook would be a little more positive, but until then expect further NZDJPY declines. Click here to access NZD/JPY currency charts.

Exchange Rates:

The current interbank midrate is: NZDJPY 77.98

 

To access our live interbank midrate widget click here

The interbank range this week has been: NZDJPY 77.85 – 79.47

 

Below is the interbank chart for the last five trading days.

NZD/JPY
Direct FX – NZD to JPY exchange rate chart

NZD/JPY

Sideways trading on this cross, now at 81.20 with little clear direction 81.70-80.50 range should hold over the next few days. Any increase in risk-off sentiment will serve the JPY well. Click here to access NZD/JPY currency charts.

Current Level Support Resistance Last week’s range
NZD/YEN 81.19 78.50 82.50 80.85 – 81.50

NZD/JPY

The New Zealand dollar is now around 81.22 against the Japanese Yen. It has the yield advantage but any increase in risk-off sentiment will see the JPY spike. It should hold an 81.64 – 80.47 range into next week. Click here to access NZD/JPY currency charts.

The current interbank midrate is:    NZDJPY 81.22

The interbank range this week has been:    NZDJPY 80.85 – 82.35

NZD/JPY

The NZD has slipped against the Japanese Yen to now trade around 80.87. Although Japanese election may cause some initial JPY weakness, safe haven flows should eventually weigh-in….a break of 80.65 would test the 80.00 psychological support level. Click here to access NZD/JPY currency charts.

Current Level Support Resistance Last week’s range
NZD/YEN 80.75 78.50 82.50 81.13 – 82.69

NZD/JPY

The Bank of Japan this week has helped the NZD on a yield basis with no change in interest rate outlook, but with Nth Korean tensions simmering, the Japanese Yen safe haven status still appeals. It is now at 81.42, should hold at current levels to close the week. Click here to access NZD/JPY currency charts.

The current interbank midrate is:    NZDJPY 81.46

The interbank range this week has been:    NZDJPY 79.65 – 82.69

NZD/JPY

Still choppy trading on this cross as the risk sentiment profile moves. The New Zealand dollar is now at 79.55 Yen but could push on to 79.00/79.20 in the short term, but very susceptible to changes in risk. Click here to access NZD/JPY currency charts.

The current interbank midrate is:    NZDJPY 79.60

The interbank range this week has been:    NZDJPY 78.22 – 80.38

NZD/JPY

This pair now trades at 0.6062 with the New Zealand dollar higher after comments from the ECB officials sounding a warning over EUR strength. NZD now has potential to push higher towards 0.6100 in the short term as the EUR moderates further. Click here to access NZD/JPY currency charts.

Current Level Support Resistance Last week’s range
NZD/YEN 79.08 78.25 80.20 78.20 – 79.43

NZD/JPY

The NZD has maintained a sideways pattern over the last few days , now at 78.70 after a low of 78.17 for the week…given the JPY safe-haven status look for test of downside back at 78.20/25 next week. Click here to access NZD/JPY currency charts.

The current interbank midrate is:    NZDJPY 78.86

The interbank range this week has been:    NZDJPY 78.09 – 79.09

The Japanese Yen continues to dominate in this cross and with the rise in Korean tensions again this should continue throughout the week. It is now at 78.38 and looks soft. We look for a test of 78.25 support which if broken (likely) would target 78.00 then 77.60.

Current Level Support Resistance Last week’s range
NZD/YEN 78.32 78.25 79.50 78.09 – 79.90

Trading has been choppy for the NZDJPY over the week in a 78.26-79.25 range. It is now at 78.96 should go into next week at current levels but look for a move back to the lower end of the range on any ramp up of Nth Korean fears and uncertainty around NZ elections.
The current interbank midrate is:    NZDJPY 78.95

The interbank range this week has been:    NZDJPY 78.30 – 79.90

The New Zealand dollar remains firmly under the 80.00 level against the Japanese Yen, at 78.72 currently after making a 78.27 low earlier after the Korean missile news was released. This cross is once again susceptible to safe-haven flows and any further escalation in tensions will likely see further losses. It should hold above 78.40 support as longer as geopolitical risk does not increase.

Current Level Support Resistance Last week’s range
NZD/YEN 78.61 78.40 79.50 78.30 – 80.07

The New Zealand dollar has been as low as 78.47 against the Japanese Yen after the Treasury forecast disappointed. Now back at 79.06 and if risk-on tone stronger next week could push up to the 79.50 cap.
The current interbank midrate is:    NZDJPY 79.13

The interbank range this week has been:    NZDJPY 78.50 – 80.34

The NZD continues to trade sideways with little clear direction. It is marginally stronger at 79.98, but in the current nervous market upside at 80.35 should hold. 79.05 is immediate support.

Current Level Support Resistance Last week’s range
NZD/YEN 79.98 78.95 81.00 79.53 – 80.61

The New Zealand dollar continues be hit by a stronger Japanese Yen boosted by the risk-off tone. It is now at 79.70 and may test 79.05 being last week’s low if risk aversion continues next week.
The current interbank midrate is:    NZDJPY 79.75

The interbank range this week has been:    NZDJPY 79.12 – 80.61

The New Zealand dollar has moved back to 80.40 level vs the Japanese Yen on the risk-off tone, this reprieve looks temporary and with better JPY data look for a move back to the 79.50 level initially.

Current Level Support Resistance Last week’s range
NZD/YEN 80.51 78.95 83.00 79.09 – 81.43

It has been hard for the New Zealand dollar to hold against the stronger Japanese Yen this week as risk-aversion takes hold. The pair is now at 79.30 and has potential to move to immediate support level 78.95 over the next day or so. More than any other cross rate, the NZDJPY has tended to trend significantly over the past year or so, and as such it would be foolish to try and call end to this current run. The trend is definitely your friend on this cross. If you are holding onto Yen waiting for an opportunity to convert back to NZD, a little more patience may pay dividends.
The current interbank midrate is:    NZDJPY 79.30

The interbank range this week has been:    NZDJPY 79.09 – 82.25

It has been hoppy trading on the NZD/JPY over the last couple of days with the New Zealand dollar considerably weaker today at 81.35 Yen after a high of 0.82.15 yesterday. The NZD should hold above 81.00 until Thursday but this is level is now looking precarious.

Current Level Support Resistance Last week’s range
NZD/YEN 81.33 81.30 83.00 81.36 – 82.78

The New Zealand dollar has slipped lower against the Japanese Yen over the week. It is now at 81.80 well down on the 83.11 seen on Monday. Now that 82.30 support is broken we look for 81.30 to be under threat early next week.  81.00 should hold until Thursday’s RBNZ. We view current levels as still good value for those looking to transfer NZD to JPY.
The current interbank midrate is:    NZDJPY 81.80

The interbank range this week has been:    NZDJPY 81.73 – 83.32

It’s been a very interesting week for this pair as the New Zealand dollar significantly outperformed the Japanese Yen. It wasn’t fundamental data from either country that dove the move, but rather volatility in the wider market as the USD saw broad base, and at times very sharp, declines. During this period of NZD outperformance the cross to the Yen traded up and tested the key resistance level around 83.80. As expected that area managed to cap the gains and we have now seen the start of, what will hopefully be, as significant correction lower. The initial target for this correction is the 82.00 area. Any break below there will then target 80.70.
The current interbank midrate is:    NZDJPY 83.30

The interbank range this week has been:    NZDJPY 82.31 – 83.91

Although the NZDJPY has given some indications recently that the broader rally is running out of momentum, the pair is yet to see any significant pullback. The being said, the New Zealand dollar couldn’t make fresh highs against the Yen last week, failing on any attempt toward the 83.20 level. That doesn’t mean it won’t stage some further attempts to rally, but with key resistance coming in around the 2016 high at 83.80, gains past that level seem unlikely. We favour selling into any potential further strength.

Current Level Support Resistance Last week’s range
NZD/YEN 82.72 82.00 83.80 81.69 – 83.18

After breaking below key trend support on Tuesday the NZDJPY has managed a decent recovery particularly in the past 24 hours. The New Zealand dollar traded up to 83.03 Yen last night, driven by strength in the local currency. Although further gains can’t be ruled out, Tuesday’s break of trend support is a sign that momentum in the broader rally, which started back in mid-May, is waning and the pair may not be far away from forming a major top. Exactly where that comes in is impossible to say, but it seems likely that key resistance around 83.75 will provide a very strong topside barrier. That level capped the pair on two separate occasions around the turn of the year. There should be plenty of speculative NZD sellers on any attempt toward that level.
The current interbank midrate is:    NZDJPY 82.80

The interbank range this week has been:    NZDJPY 81.69 – 83.18

The big uptrend that has dominated this pair since mid-May has been dealt a decisive blow this morning. Soft NZ inflation data has hurt the New Zealand dollar and against the Japanese Yen the cross has now broken key trend line support, which was at 82.15. That level will now provide resistance on any attempts to rally. The move today could well signal the end of the NZDJPY rally and the risks are now firmly on the downside. The initial target is now support around the 80.50 area. We do have a diary auction tonight which could easily influence the local currency, but it would take a very positive outcome to negate the big negative signal that is this morning’s break below trend line support. Those looking to buy JPY should deal at the current market, or take advantage of any potential bounce in the NZD.

Current Level Support Resistance Last week’s range
NZD/YEN 81.92 80.50 82.15 81.87 – 83.27

The New Zealand dollars relentless rally against the Japanese Yen remains intact and last night the pair briefly traded to fresh cycle highs at 83.23. It hasn’t been all one way traffic however as a period of NZD weakness mid-week saw the pair trade down close to key trend line support around 81.80. That support now comes in around 81.95 and while above that level the risks remain skewed toward further gains. That being said, this rally is now getting a little long in the tooth, and there are tentative signs momentum is waning. Combined with that we have very strong resistance around the 83.75 level and I suspect that area will cap the pair. It could easily put in another major top somewhere close to that resistance level. Those looking to purchase Yen shouldn’t get greedy at this late stage in the rally and be happy to lock a rate in when the wholesale market is anywhere close to, or over, 83.00.
The current interbank midrate is:    NZDJPY 82.91

The interbank range this week has been:    NZDJPY 81.93 – 83.23

Unlike many other New Zealand dollar pairings, the NZDJPY has been in the midst of a significant rally over recent weeks. This move has largely come from weakness in the Japanese Yen as the BOJ continue to reaffirm their determination of keep ultra easy monetary policy until 2% inflation is reached. At this stage there is no sign the rally is over so the risks remain skewed to the topside. That being said, there is key resistance not far away at 83.70 and it should prove very tough to overcome. The pair failed at that level twice back in December and January and it may well cap this rally as well. Those looking to purchase Yen should take advantage to the current strength. Any move back below 81.80 would be a negative signal and would likely encourage further selling.

Current Level Support Resistance Last week’s range
NZD/YEN 82.75 81.80 83.70 82.07 – 83.16

The NZD made a 6 month high of 82.89 Yen last night. It is a little softer now at 82.74 but another push towards 83.00 looks likely next week.
The current interbank midrate is:    NZDJPY 82.84

The interbank range this week has been:    NZDJPY 81.87 – 82.90

The New Zealand dollar made a five month high of 82.81 yesterday, has backed off a little and is now around 82.40, as the USD becomes more favoured the JPY is under pressure. If US data is solid a push on this cross to 83.00 is possible over the next few days.

Current Level Support Resistance Last week’s range
NZD/YEN 82.40 81.50 83.00 81.33 – 82.82

The NZD has held firm against the Japanese Yen. It has been up to 82.35, is now back below the 82.00 mark at 81.94 but looks well supported and has potential to move higher. This rally looks to have some more legs in it yet.
The current interbank midrate is:    NZDJPY 82.00

The interbank range this week has been:    NZDJPY 80.82 – 82.35

The New Zealand dollar still holds comfortably over the 81.00 level against the Japanese Yen, now trading at 81.56. It remains in an uptrend and the next key level is 81.75 then 82.60.

Current Level Support Resistance Last week’s range
NZD/YEN 81.61 81.00 81.75 80.27 – 81.68

The NZD continues to hold firm against the Japanese Yen. It made a high of 81.00 last night and is now trading at 80.70. Given the steep climb over the last week we would expect some pullback and consolidation. Immediate support is at 79.80.

Current Level Support Resistance Last week’s range
NZD/YEN 80.74 78.25 79.75 78.98 – 81.01

The New Zealand dollar has made some significant gains against the Japanese Yen this week, despite some softer than forecast NZD data. The pair has broken above 80.00 this afternoon, and while the focus remains on the topside, key resistance is not far away. The 80.50 area should prove difficult to overcome and I would expect gains to stall as we approach there.
The current interbank midrate is:    NZDJPY 80.17

The interbank range this week has been:    NZDJPY 78.95 – 80.23

The NZD continues to perform well against the Japanese Yen. It’s now at 79.38 after a 79.73 high last week. We expect it should hold around current levels ahead of Thursday’s FOMC, any return to more risk-off tone should see another push towards 80.00.

Current Level Support Resistance Last week’s range
NZD/YEN 79.42 78.25 79.75 78.44 – 79.75

The risk-on tone of the last day or so has seen the New Zealand dollar climb to a 79.20 high where it is currently trading. Any bad news from tonight’s events would favour the safe-haven JPY, but barring this a push towards 79.66/75 is likely next week.
The current interbank midrate is:    NZDJPY 79.11

The interbank range this week has been:    NZDJPY 78.42 – 79.22

The NZD has drifted lower against the stronger Japanese Yen after the US jobs figure, now around 78.50 after a high of 79.12 last Friday, immediate support is at 78.30 but this should hold and we see sideways trading over the next 2-3 days.

Current Level Support Resistance Last week’s range
NZD/YEN 78.49 77.95 79.20 78.10 – 79.11

Little changed at the 78.86 level after a low of 77.95 for the week, has held well above 78.00 for the last 3 days and we look for a move on the 79.00 region next week.
The current interbank midrate is:    NZDJPY 78.88

The interbank range this week has been:    NZDJPY 78.01 – 78.96

The New Zealand dollar is marginally lower against the Japanese Yen at 78.10 after a 78.90 high overnight. Immediate support is around 77.65, but really no clear direction in this cross at the moment, if it can hold the 78.00 handle a move back towards 78.40 is possible.

Current Level Support Resistance Last week’s range
NZD/YEN 78.16 77.65 78.50 77.90 – 78.91

As the risk appetite returns the JPY has lost some of its lustre, the New Zealand dollar now at 78.00 on this cross. The next stop is 78.50 but consolidation around current levels is more likely before this can occur.

Current Level Support Resistance Last week’s range
NZD/YEN 77.89 77.00 78.50 76.29 – 78.25

The New Zealand dollar has broken through on the downside against the Japanese Yen, breaching support at 77.57 and now trading at 76.54. Immediate support is around 76.25 then deeper at 75.60. We would expect some consolidation at current levels but downside is favoured next week.
The current interbank midrate is:    NZDJPY 76.57

The interbank range this week has been:    NZDJPY 76.29 – 78.50

Currently around 78.17 after a low yesterday of 77.58. The bounce higher has kept the New Zealand dollar in a broad uptrend channel, but any breach below 77.57 could extend to 76.98, although we favour the upside for the moment. Holding above 78.00 indicates an uptick to the 78.50 and above region.

Current Level Support Resistance Last week’s range
NZD/YEN 78.15 77.00 78.50 77.53 – 79.35

Not a great week for the New Zealand dollar on this cross. It has fallen from a high of 79.35 down to current levels at 77.65 and should hold here to finish the week. The trend looks bearish and support around 77.00 could be tested next week.
The current interbank midrate is:    NZDJPY 77.71

The interbank range this week has been:    NZDJPY 76.98 – 79.35

The New Zealand dollar has pushed back over the 78.00 level against the Japanese yen. It’s currently around 78.25 and looks to track higher given the NZD support. There is some minor resistance at 78.50 but it should overcome this to go against next resistance level at 78.76.

Current Level Support Resistance Last week’s range
NZD/YEN 78.18 77.60 78.76 76.98 – 78.46

The New Zealand dollar has seen choppy trading against the Yen this week. After a low of 76.28 on Monday it recovered to a high of 78.00 but is now back at 77.30. No clear trend but we favour a gradual push back towards the 78.00 mark.
The current interbank midrate is:    NZDJPY 77.30

The interbank range this week has been:    NZDJPY 76.35 – 78.02

The New Zealand dollar has rallied from 76.11 last week back to 77.58, currently trading around 77.48 , is marking time but has potential to extend gains to the 77.80/90 mark …tomorrow’s NZ jobs data may help .

Current Level Support Resistance Last week’s range
NZD/YEN 77.44 76.00 77.90 76.14 – 77.61