NZD to SRD Exchange Rate - Convert New Zealand Dollar to Surinamese dollar

Converting from New Zealand Dollar (NZD) to Surinamese Dollar (SRD)

What is New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand, Cook Islands, Niue, and Tokelau. It is abbreviated as NZD and is often symbolized with a "$", sometimes specifically noted as "NZ$" to distinguish it from other dollar-denominated currencies. The NZD is known for its stability and is considered a safe-haven currency, especially among countries in the Asia-Pacific region.

The New Zealand Dollar is subdivided into 100 cents. The currency has been in circulation since 1967 when it replaced the New Zealand pound. It is issued by the Reserve Bank of New Zealand, which manages the country’s monetary policy and ensures the currency’s stability. The value of the NZD is influenced by various factors including interest rates, economic performance, inflation, and trade balances.

One of the unique features of the NZD is its high sensitivity to global commodity prices, as New Zealand is a significant exporter of dairy products, meat, and other commodities. As a result, fluctuations in these global markets can lead to observable changes in the value of the NZD.

What is Surinamese Dollar (SRD)

The Surinamese Dollar (SRD) is the official currency of Suriname, a small country located on the northeastern coast of South America. The currency is abbreviated as SRD and is often symbolized by "$", to align with many other dollar-based currencies. The SRD is divided into 100 cents and was introduced in 2004, replacing the Surinamese guilder at a rate of 1 SRD = 1,000 guilders.

The Central Bank of Suriname is responsible for issuing and regulating the SRD. In a country with a diverse economy mainly based on agriculture, mining, and forestry, the value of the SRD can be affected by international market conditions and domestic economic policies.

One notable aspect of the SRD is its volatility. The Surinamese economy has faced several challenges, including inflation and currency devaluation, making the SRD quite susceptible to changes in global commodity prices and economic conditions. As a result, individuals and businesses looking to convert NZD to SRD should keep an eye on exchange rates and potential fluctuations due to these factors.

Converting NZD to SRD

When converting from New Zealand Dollars to Surinamese Dollars, it is essential to consult current exchange rates, as these can change frequently. Currency converters and financial websites can provide up-to-date rates. The conversion can be represented mathematically as:

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

For consumers and traders involved in international transactions, understanding the conversion between these two currencies is crucial, especially when considering the economic contexts of New Zealand and Suriname.

New Zealand Dollar to Surinamese dollar conversion table

NZD to SRD conversion table

New Zealand Dollar (NZD)Surinamese dollar (SRD)
1 NZD20.91168435597 SRD
2 NZD41.82336871193 SRD
3 NZD62.7350530679 SRD
4 NZD83.64673742387 SRD
5 NZD104.55842177984 SRD
6 NZD125.4701061358 SRD
7 NZD146.38179049177 SRD
8 NZD167.29347484774 SRD
9 NZD188.20515920371 SRD
10 NZD209.11684355967 SRD
100 NZD2 091.16843559674 SRD
200 NZD4 182.33687119349 SRD
300 NZD6 273.50530679023 SRD
400 NZD8 364.67374238698 SRD
500 NZD10 455.84217798372 SRD
600 NZD12 547.01061358046 SRD
700 NZD14 638.17904917721 SRD
800 NZD16 729.34748477395 SRD
900 NZD18 820.5159203707 SRD
1 000 NZD20 911.68435596744 SRD
2 000 NZD41 823.36871193488 SRD
5 000 NZD104 558.4217798372 SRD
10 000 NZD209 116.8435596744 SRD
20 000 NZD418 233.68711934879 SRD
50 000 NZD1 045 584.21779837198 SRD
100 000 NZD2 091 168.43559674395 SRD
Last updated March 17, 2025 at 09:55 PM