Loading...

NZD to SGD - Rate Guide

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.

 

NZD/SGD update & alerts

1 NZD = 0.8909 SGD

Sell NZD - Buy SGD  Invert

NZD to SGD - Trading Range (90 Day)
30-DAY LOW (3d)
NZD/SGD at 0.891 is trading 1.1% above the 90-day average 0.8817 with a range 0.8605 to 0.9074. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

More Charts

NZD/SGD Exchange Rates and Providers Compared

This guide to the New Zealand Dollar to Singapore Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and NZD to SGD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our NZD/SGD Quick Calculator.

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
WorldFirst logo
S$8,864
Best Overall
0.886400.51%
OFX logo
S$8,838
S$26 less
0.88380^0.8%
ASB Bank International Money Transfers
ASB Bank logo
S$8,523.64
S$340 less
0.8545254.33%
HSBC logo
S$8,514.21
S$350 less
0.8527NZ$154.43%
Banks - Average Rate
ANZ Bank logo HSBC logo BNZ Bank logo ASB Bank logo TSB Bank logo
S$8,445
S$419 less
0.8489225.21%
ANZ Bank logo
S$8,441.78
S$422 less
0.8457185.24%
TSB Bank International Money Transfers
TSB Bank logo
S$8,390.25
S$474 less
0.8475NZ$1005.82%
BNZ Bank International Money Transfers
BNZ Bank logo
S$8,355.6
S$508 less
0.844NZ$1006.21%
 
WorldFirst logo
WorldFirst: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:
Exchange Rate:0.8864 (0.51% from mid-rate)
To Amount (SGD) S$8,864
Total Cost:0.51%
Time:18:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.8838 (0.8% from mid-rate)
To Amount (SGD) S$8,838
Total Cost:0.8%
Difference:
S$26 SGD less than using WorldFirst
Time:
Rate Fetched: 18:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
ASB Bank logo
ASB Bank: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:25
Exchange Rate:0.8545 (4.09% from mid-rate)
To Amount (SGD) S$8,523.64
Total Cost:4.33%
Difference:
S$340 SGD less than using WorldFirst
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:NZ$15 NZD (.15%)
Exchange Rate:0.8527 (4.29% from mid-rate)
To Amount (SGD) S$8,514.21
Total Cost:4.43%
Difference:
S$350 SGD less than using WorldFirst
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:22
Exchange Rate:0.8464 (4.99% from mid-rate)
To Amount (SGD) S$8,445
Total Cost:5.21%
Difference:
S$419 SGD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
ANZ Bank logo
ANZ Bank: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:18
Exchange Rate:0.8457 (5.07% from mid-rate)
To Amount (SGD) S$8,441.78
Total Cost:5.24%
Difference:
S$422 SGD less than using WorldFirst
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
TSB Bank logo
TSB Bank: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.8475 (4.87% from mid-rate)
To Amount (SGD) S$8,390.25
Total Cost:5.82%
Difference:
S$474 SGD less than using WorldFirst
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
BNZ Bank logo
BNZ Bank: Foreign Transfer NZD→SGD
From Amount (NZD)NZ$10,000
Fee:NZ$100 NZD (1%)
Exchange Rate:0.8440 (5.26% from mid-rate)
To Amount (SGD) S$8,355.6
Total Cost:6.21%
Difference:
S$508 SGD less than using WorldFirst
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/19/2020 - 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
ASB Bank Foreign Currency
ASB Bank logo
S$846.75
Compare
0.8553NZ$104.96%
 
ASB Bank logo
ASB Bank: Travel Money NZD→SGD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.8553 (4% from mid-rate)
To Amount (SGD) S$846.75
Total Cost:4.96%
Time:18:08 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 01/19/2020 - See full table

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 threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Kiwi had made coming into the New Year.

In December the New Zealand dollar has climbed back to US$0.66 it's highest value since July.

Against the Australian dollar, jumped to A$0.96 after being as low as A$0.92 in early November before starting a strong recovery upto current levels above A$0.95.

Robbing New Zealand's currency of better gains in 2019 have been 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.

For more details read the full article NZ dollar news and forecasts.

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