NZD/SGD: what to know
The NZD/SGD rate shows how much SGD you get for 1 NZD. Right now, 1 NZD buys 0.7360 SGD at the mid-market rate. In the other direction, 1 SGD is worth 1.3586 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while SGD responds to the MAS-managed currency basket.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the NZD/SGD rate has ranged between 0.7297 and 0.7686 — a change of -3.63% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.