Australia, New Zealand & the South Pacific - Trip to NZ in January - Currency exchange question

Now that the USD is trading at 1.68 NZD, do you think it would be wise to buy currency now and/or book prepaid excursions now? Or should I wait until January? My gut tells me that the exchange rate is likely to be much worse in January, but you never know.

Thoughts?

I doubt the exchange rate will get much better than now. It may improve a little more, but not much. It may get down to $1.80, but it's hard to say. I'd rate $2 to be an outside chance.

Having said that, I doubt the rate will be much worse in Jan though. I don't think it'll get below $1.50.

There're a few events between now and Jan that, IMHO, will keep the NZD down, e.g., the dropping NZ interest rates, the NZ election and not to mention just the general risk-aversion of the overall market.

My unprofessional opinion is to buy currency and pay for your excursions now. :)

In terms of booking activities, remember January is peak season. If it is something that sells out/limited capacity bear that in mind.

As for currency, who knows. Both countries have an upcoming election that may impact the rates.

In terms of booking activities, remember January is peak season. If it is something that sells out/limited capacity bear that in mind.

As for currency, who knows. Both countries have an upcoming election that may impact the rates.

The decision to book excursions is pretty much a done deal (given that it is high season and we need to book reasonably far in advance anyway).