NZD to SGD Exchange Rate - Convert New Zealand Dollar to Singapore Dollar

Converting from New Zealand Dollar (NZD) to Singapore Dollar (SGD)

What is New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand, as well as the Cook Islands, Niue, and Tokelau. It is abbreviated as NZD and often represented by the symbol "$" or "NZ$" to distinguish it from other dollar-denominated currencies.

Introduced in 1967, the NZD replaced the New Zealand pound at a rate of $1 NZD for 10 shillings. The currency is subdivided into 100 cents. The Reserve Bank of New Zealand is responsible for issuing the currency and maintaining its integrity. Kiwis, as New Zealanders lovingly refer to themselves, have a strong economy largely driven by agriculture, manufacturing, and services, which contributes to the NZD's stability.

As a free-floating currency, the value of the NZD fluctuates in response to market forces and economic conditions. Factors such as trade balances, interest rates, and global commodity prices can influence the exchange rate. The NZD is often viewed as a commodity currency, meaning its value is closely tied to the prices of New Zealand's export goods, such as dairy and meat.

What is Singapore Dollar (SGD)

The Singapore Dollar (SGD) is the official currency of Singapore and is abbreviated as SGD. It is typically represented by the dollar sign "$" or occasionally "S$" to prevent confusion with other currencies. The SGD has been in circulation since 1967, replacing the Malaya and British Borneo dollar.

The Singapore Dollar is divided into 100 cents. The Monetary Authority of Singapore (MAS) manages the currency's issuance and monetary policy, ensuring the currency's stability and integrity. As one of the most robust economies in Asia, Singapore enjoys a strong financial sector, trade relationships, and a stable political environment, making the SGD a widely respected currency.

Like the NZD, the SGD is also a free-floating currency. Its value adjusts based on supply and demand dynamics, economic growth, and interest rates. The SGD is often considered a safe-haven currency due to Singapore's strong credit rating and economic management. This makes it attractive for foreign investors and traders.

Converting NZD to SGD

When you're looking to convert NZD to SGD, the exchange rate is a crucial factor. It fluctuates regularly based on market conditions. To perform the conversion, you can use the formula:

Amount in SGD = Amount in NZD × Exchange Rate (NZD to SGD)

For example, if you have 100 NZD and the exchange rate is 0.90 SGD for 1 NZD, your calculation would be:

Amount in SGD = 100 × 0.90 = 90 SGD

To keep up with the latest exchange rates, you can consult online converters or financial news sites.

New Zealand Dollar to Singapore Dollar conversion table

NZD to SGD conversion table

New Zealand Dollar (NZD)Singapore Dollar (SGD)
1 NZD0.77108506058 SGD
2 NZD1.54217012115 SGD
3 NZD2.31325518173 SGD
4 NZD3.0843402423 SGD
5 NZD3.85542530288 SGD
6 NZD4.62651036345 SGD
7 NZD5.39759542403 SGD
8 NZD6.1686804846 SGD
9 NZD6.93976554518 SGD
10 NZD7.71085060575 SGD
100 NZD77.10850605752 SGD
200 NZD154.21701211503 SGD
300 NZD231.32551817255 SGD
400 NZD308.43402423007 SGD
500 NZD385.54253028758 SGD
600 NZD462.6510363451 SGD
700 NZD539.75954240262 SGD
800 NZD616.86804846014 SGD
900 NZD693.97655451765 SGD
1 000 NZD771.08506057517 SGD
2 000 NZD1 542.17012115034 SGD
5 000 NZD3 855.42530287585 SGD
10 000 NZD7 710.85060575169 SGD
20 000 NZD15 421.70121150339 SGD
50 000 NZD38 554.25302875847 SGD
100 000 NZD77 108.50605751695 SGD
Last updated March 17, 2025 at 09:55 PM