Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Singapore Dollar (SGD) has exhibited notable fluctuations over the past few months, influenced by various economic indicators and market sentiments. This report provides an in-depth analysis of the recent trends, technical indicators, and future projections for the NZD/SGD currency pair.

Recent Exchange Rate Trends

Over the past six months, the NZD/SGD exchange rate has experienced significant volatility. The highest rate recorded was 0.7860 SGD per NZD on April 24, 2025, while the lowest was 0.7484 SGD on April 8, 2025. The average exchange rate during this period was approximately 0.7684 SGD. (exchange-rates.org)

In the more recent timeframe, as of June 27, 2025, the exchange rate stood at 0.77288 SGD per NZD. This reflects a slight increase from the previous day's close of 0.7719 SGD. Over the past week, the rate fluctuated between a high of 0.7750 SGD and a low of 0.7697 SGD, indicating a relatively stable trend with minor upward movement. (poundsterlinglive.com)

Technical Analysis

Technical indicators provide insights into the potential future movements of the NZD/SGD exchange rate:

• Relative Strength Index (RSI): The RSI is at 55.118, suggesting a neutral market sentiment without strong overbought or oversold conditions. (tradingkey.com)

• Moving Averages: Short-term moving averages (MA5, MA10, MA20) are positioned around 0.765, indicating a buy signal. However, longer-term moving averages (MA100 at 0.780 and MA200 at 0.797) suggest a sell signal, reflecting potential resistance levels. (tradingkey.com)

• Average True Range (ATR): The ATR at 0.006 indicates high volatility, suggesting that the exchange rate may experience significant fluctuations in the near term. (tradingkey.com)

• Commodity Channel Index (CCI): The CCI at 136.039 signals a buy, indicating that the currency pair may be entering an upward trend. (tradingkey.com)

Overall, the technical indicators present a mixed outlook, with short-term bullish signals countered by longer-term bearish trends.

Forecasts and Projections

Various financial analysts and forecasting models provide projections for the NZD/SGD exchange rate:

• Short-Term Forecasts: For the next 30 days, the average exchange rate is projected to be around 0.7691 SGD, with potential fluctuations between 0.7687 and 0.7694 SGD. (midforex.com)

• Monthly Projections: In June 2025, the exchange rate is expected to average 0.7691 SGD, with a range between 0.7652 and 0.7729 SGD. (midforex.com)

• Long-Term Forecasts: Looking ahead to 2026, the average exchange rate is projected to be 0.7874 SGD, with a range between 0.7716 and 0.8031 SGD. (midforex.com)

These projections suggest a gradual appreciation of the NZD against the SGD over the coming months and years.

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the NZD/SGD exchange rate:

• Economic Indicators: GDP growth, inflation rates, and employment figures in both New Zealand and Singapore significantly impact their respective currencies.

• Interest Rates: Decisions by the Reserve Bank of New Zealand and the Monetary Authority of Singapore regarding interest rates influence investor sentiment and capital flows.

• Trade Balances: The trade relationships and balances between New Zealand and Singapore affect demand for each country's currency.

• Global Market Sentiment: Geopolitical events, global economic conditions, and market risk appetite can lead to shifts in currency valuations.

Conclusion

The NZD/SGD exchange rate has shown both volatility and periods of stability over the past few months. Technical indicators provide a mixed outlook, with short-term bullish signals and longer-term bearish trends. Forecasts suggest a gradual appreciation of the NZD against the SGD in the coming months and years. Investors and businesses engaged in transactions involving these currencies should monitor economic indicators, central bank policies, and global market developments to make informed decisions.