The New Zealand dollar held above 80 US cents after the European Central Bank's bond buying programme to build the region's financial stability spurred a rally in global equity markets.
The kiwi rose to 80.26 US cents at 5pm on Friday from 80.10 cents at 8am, up from 79.56 cents on Thursday. The trade-weighted index gained to 72.08 from 71.62.
Stocks across Asia gained after ECB president Mario Draghi unveiled a plan for the central bank to buy a limitless amount of short-dated government debt, stoking optimism that Europe will successfully muddle its way out of its sovereign debt crisis.
Japan's Nikkei 225 index gained 2.1 per cent in afternoon trading, while Hong Kong's Hang Seng Index was up 2.4 per cent.
That came ahead of Friday's non-farm payrolls figures in the US, which are expected to show the world's biggest economy added 130,000 jobs last month.
"There's a lot of expectation riding on the employment number, and if it disappoints it would have a large impact on the kiwi," said Mike Jones, currency strategist at Bank of New Zealand.
Investors will keep an eye on a Chinese data dump on Sunday, including the August consumer price index, producer prices index, retail sales and industrial sales.
The world's second-biggest economy has been slowing down faster than previously expected, and has wound back its demand for foreign resources, which has weighed on Australia in recent weeks. The kiwi rose to 5.0906 Chinese yuan from 5.0812 yuan on Thursday.
The kiwi traded at 77.75 Australian cents from 77.87 cents on Thursday after Australia reported a wider than expected trade deficit in July.
The kiwi rose to 63.31 euro cents from 63.13 cents on Thursday and gained to 50.34 pence from 50.06 pence. It climbed to 63.34 yen from 62.40 yen.
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