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 NZD0.76491394136 SGD
2 NZD1.52982788273 SGD
3 NZD2.29474182409 SGD
4 NZD3.05965576545 SGD
5 NZD3.82456970682 SGD
6 NZD4.58948364818 SGD
7 NZD5.35439758954 SGD
8 NZD6.1193115309 SGD
9 NZD6.88422547227 SGD
10 NZD7.64913941363 SGD
100 NZD76.49139413631 SGD
200 NZD152.98278827262 SGD
300 NZD229.47418240894 SGD
400 NZD305.96557654525 SGD
500 NZD382.45697068156 SGD
600 NZD458.94836481787 SGD
700 NZD535.43975895418 SGD
800 NZD611.9311530905 SGD
900 NZD688.42254722681 SGD
1 000 NZD764.91394136312 SGD
2 000 NZD1 529.82788272624 SGD
5 000 NZD3 824.5697068156 SGD
10 000 NZD7 649.1394136312 SGD
20 000 NZD15 298.2788272624 SGD
50 000 NZD38 245.697068156 SGD
100 000 NZD76 491.394136312 SGD
Last updated March 14, 2025 at 11:55 PM