Convert New Zealand Dollar to Singapore Dollar
Please provide values below to convert New Zealand Dollar [NZD] to Singapore Dollar [SGD], or Convert Singapore Dollar to New Zealand Dollar.
How to Convert New Zealand Dollar to Singapore Dollar
1 NZD = 1.30421192466984 SGD
Example: convert 15 NZD to SGD:
15 NZD = 15 × 1.30421192466984 SGD = 19.5631788700477 SGD
New Zealand Dollar to Singapore Dollar Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.