The New Zealand dollar remained stable above 57 US cents at the end of the trading week.
The currency climbed to 0.5725 against the US dollar during early European hours, representing a two-week high, before finishing the week above 0.5700.
The NZ dollar was broadly stable against major currencies.
Shipping traffic through the Strait of Hormuz has recovered as confidence in the US-Iran ceasefire grows, with transit volumes rising to 8 vessels per day from 1 or 2 during most of the conflict, though volumes remain well below prewar levels.