🇨🇿 CZK vs 🇳🇿 NZD: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one New Zealand Dollar bought 12.09 CZK at the official reference rate, so per unit the New Zealand Dollar is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months CZK weakened by 1.1% against NZD, so on momentum the New Zealand Dollar (NZD) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, CZK gained 0.6% in real terms against NZD over the same period.
CZK relative to NZD
Positive values mean CZK strengthened against NZD.
CZK vs NZD over the last three years
CZK against NZD, index 100 on November 6, 2023. A rising line means CZK gained on NZD. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 116.0 on November 25, 2025, when CZK was at its strongest against NZD in the period.
- 3-year low: 93.5 on February 20, 2024.
- Now: 112.4, 3.1% below the high and 20.2% above the low.
- Sharpest one-month move: CZK rose 5.7% against NZD between February 21, 2025 and March 11, 2025.
What moved CZK and NZD
- · 🇳🇿 RBNZ hikes OCR to 2.50% — New Zealand's central bank raises rates again to bring inflation back to target
- · 🇨🇿 CNB hikes to 3.75%, first since 2022 — Czech National Bank reverses course amid inflation risk, a widening deficit, and the Iran war
- · 🇳🇿 RBNZ cuts to 2.25%, signals end — RBNZ cuts to a three-year low while signaling its easing cycle is complete
- · 🇳🇿 RBNZ starts cutting — RBNZ begins easing cycle, cuts from 5.50% peak
- · 🇨🇿 CNB starts cutting — Czech National Bank begins cutting from 7.00% peak
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇨🇿 Czech Koruna (CZK) | -2.4% | #12 of 16 |
| 🇳🇿 New Zealand Dollar (NZD) | -1.2% | #9 of 16 |
Open the interactive CZK/NZD chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide CZK's index by NZD's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is CZK stronger than NZD right now?
It depends on the question. Per unit, 1 NZD = 12.09 CZK (reference rate, November 6, 2026), so the New Zealand Dollar is worth more. As for which one is gaining, over the past 12 months CZK weakened by 1.1% against NZD, so on momentum the New Zealand Dollar (NZD) is the stronger of the two.
How do CZK and NZD perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, CZK ranks #12 of 16 (-2.4%) while NZD ranks #9 (-1.2%).
What does the CZK vs NZD strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.