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NZD/SGD - Convert Compare Save

New Zealand Dollar to Singapore Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the New Zealand Dollar to Singapore Dollar exchange rate, has news, forecasts and NZD to SGD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

NZD/SGD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for NZD/SGD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive SGD(S$)Exchange RateFee NZDTotal CostDeal Links
OFX logo
9,137 SGD
Best Overall
0.91370^0.8%
ASB Bank International Money Transfers
ASB Bank logo
8,852.81 SGD
284 SGD
0.8875253.89%
HSBC logo
8,843.71 SGD
293 SGD
0.8857$153.99%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
8,772 SGD
365 SGD
0.8817224.77%
ANZ Bank logo
8,769.19 SGD
368 SGD
0.8785184.8%
TSB Bank International Money Transfers
TSB Bank logo
8,714.97 SGD
422 SGD
0.8803$1005.39%
BNZ Bank International Money Transfers
BNZ Bank logo
8,679.33 SGD
458 SGD
0.8767$1005.77%
 
OFX: Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.9137 (0.8% from mid-rate)
SGD amount:9,137 SGD
Total Cost:0.8%
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:25
Exchange Rate:0.8875 (3.65% from mid-rate)
SGD amount:8,852.81 SGD
Total Cost:3.89%
Difference:
284 SGD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:$15 NZD (.15%)
Exchange Rate:0.8857 (3.84% from mid-rate)
SGD amount:8,843.71 SGD
Total Cost:3.99%
Difference:
293 SGD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:22
Exchange Rate:0.8750 (5% from mid-rate)
SGD amount:8,772 SGD
Total Cost:4.77%
Difference:
365 SGD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:18
Exchange Rate:0.8785 (4.62% from mid-rate)
SGD amount:8,769.19 SGD
Total Cost:4.8%
Difference:
368 SGD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

TSB Bank logoTSB Bank

TSB Bank: Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.8803 (4.43% from mid-rate)
SGD amount:8,714.97 SGD
Total Cost:5.39%
Difference:
422 SGD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Foreign Transfer NZD→SGD
NZD amount:$10,000 NZD
Fee:$100 NZD (1%)
Exchange Rate:0.8767 (4.82% from mid-rate)
SGD amount:8,679.33 SGD
Total Cost:5.77%
Difference:
458 SGD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount SGD(S$)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
880.10 SGD
Best Overall
0.88010^4.45%
ASB Bank Foreign Currency
ASB Bank logo
875.46 SGD
4.64 SGD
0.8843$104.95%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
860.62 SGD
19 SGD
0.8708$106.57%
TSB Bank Foreign Currency
TSB Bank logo
856.25 SGD
24 SGD
0.8649$107.04%
BNZ Bank Foreign Currency
BNZ Bank logo
850.15 SGD
30 SGD
0.8631$157.7%
Travelex Online NZ: Travel Money NZD→SGD
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.8801 (4.45% from mid-rate)
SGD amount:880.10 SGD
Total Cost:4.45%
Time:
Rate Fetched: Fri Jul 19 2019 16:45:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Travel Money NZD→SGD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8843 (4% from mid-rate)
SGD amount:875.46 SGD
Total Cost:4.95%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→SGD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8755 (4.95% from mid-rate)
SGD amount:860.62 SGD
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→SGD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.8649 (6.1% from mid-rate)
SGD amount:856.25 SGD
Total Cost:7.04%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→SGD
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:0.8631 (6.3% from mid-rate)
SGD amount:850.15 SGD
Total Cost:7.7%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

NZD to SGD interbank exchange rate = 0.9201

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on NZD/SGD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

NZD and SGD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the NZD vs SGD, you should pay attention to the recent market trends for both currencies.

 

New Zealand Dollar (NZD)

The New Zealand dollar weakened in June to a 7-month low against the euro, at rates below €0.58.

At US$0.65, the kiwi remained weak against the greenback, 6 percent lower than rates in March.

Against the Australian dollar, NZD has been steady in recent months, having spent much of its time between A$0.94 and A$0.95.

Robbing New Zealand's currency of gains in 2019 have been lower NZ interest rates, reduced risk appetite spurred on by an escalation in the US-China trade standoff, and high correlations with other weak currencies, including the Australian dollar and yuan.

Read more in the article NZD Forecasts.

 

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

Why can't I just get the NZD/SGD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the NZD / SGD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all NZD Exchange Rates