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 NZD20.703035453 SRD
2 NZD41.40607090599 SRD
3 NZD62.10910635899 SRD
4 NZD82.81214181198 SRD
5 NZD103.51517726498 SRD
6 NZD124.21821271797 SRD
7 NZD144.92124817097 SRD
8 NZD165.62428362396 SRD
9 NZD186.32731907696 SRD
10 NZD207.03035452995 SRD
100 NZD2 070.30354529951 SRD
200 NZD4 140.60709059902 SRD
300 NZD6 210.91063589853 SRD
400 NZD8 281.21418119804 SRD
500 NZD10 351.51772649755 SRD
600 NZD12 421.82127179706 SRD
700 NZD14 492.12481709658 SRD
800 NZD16 562.42836239609 SRD
900 NZD18 632.7319076956 SRD
1 000 NZD20 703.03545299511 SRD
2 000 NZD41 406.07090599021 SRD
5 000 NZD103 515.17726497554 SRD
10 000 NZD207 030.35452995107 SRD
20 000 NZD414 060.70905990215 SRD
50 000 NZD1 035 151.77264975536 SRD
100 000 NZD2 070 303.54529951073 SRD
Last updated March 14, 2025 at 11:55 PM