Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Singapore Dollar (SGD) has exhibited notable fluctuations over the past several months. Understanding these movements requires an examination of recent trends, technical indicators, and economic factors influencing both currencies.

Recent Exchange Rate Trends

In 2025, the NZD/SGD exchange rate has experienced a range of values:

• Highest Rate: 0.7744 SGD per NZD on March 17, 2025.
• Lowest Rate: 0.7559 SGD per NZD on February 28, 2025.
• Average Rate: Approximately 0.7650 SGD per NZD over this period.

These figures indicate a moderate level of volatility, with the exchange rate fluctuating within a band of approximately 1.85% above and below the average.

Technical Analysis

As of March 28, 2025, technical indicators provided the following insights:

• Relative Strength Index (RSI): At 41.71, suggesting a neutral to slightly bearish momentum.
• Stochastic Oscillator: At 29.819, indicating potential oversold conditions.
• Moving Averages: Both simple and exponential moving averages across various periods (5, 10, 20, 50, 100, and 200 days) signaled a 'Sell' action, reflecting a prevailing downward trend.

These technical indicators collectively pointed towards a bearish sentiment in the NZD/SGD currency pair at that time.

Economic Factors Influencing the Exchange Rate

Several economic factors have influenced the NZD/SGD exchange rate:

• New Zealand's Economic Performance: New Zealand's economy, heavily reliant on agriculture and tourism, faced challenges due to global market fluctuations and travel restrictions.
• Singapore's Economic Stability: Singapore's economy, characterized by its strong financial sector and trade relationships, maintained relative stability, bolstering the SGD.
• Interest Rate Differentials: Differences in monetary policies and interest rates between the Reserve Bank of New Zealand and the Monetary Authority of Singapore have impacted investor decisions, influencing capital flows and exchange rates.

Forecasts and Projections

Looking ahead, various forecasts suggest a gradual appreciation of the NZD against the SGD:

• Short-Term Forecasts: Predictions indicate a potential increase in the NZD/SGD exchange rate, with estimates reaching up to 0.7896 SGD per NZD in the next month.
• Long-Term Projections: Some analyses project the exchange rate to reach approximately 0.8093 SGD per NZD within a year, reflecting a 5.75% increase from current levels.

These projections are based on algorithmic analyses and historical data, emphasizing the importance of considering various factors and potential market changes.

Conclusion

The NZD/SGD exchange rate has shown moderate volatility in recent months, influenced by technical indicators and economic fundamentals. While short-term technical analysis suggested a bearish trend as of late March 2025, economic forecasts indicate potential appreciation of the NZD against the SGD in the coming months. Investors and stakeholders should monitor ongoing economic developments and policy decisions in both New Zealand and Singapore to make informed decisions regarding this currency pair.