No New Zealand bank forecasts the NZ dollar against the Singapore dollar, so this page shows no forecast. On 11 Nov 2026 one NZ dollar bought S$0.7161 on the ECB reference rate, 10% of the way up its 52-week range. On 14 Oct 2026, the Monetary Authority of Singapore kept the Singapore dollar on a gently rising path.
Where the forecast gap is
ANZ, ASB, BNZ and Westpac publish NZ dollar forecasts against the US dollar, Australian dollar, euro and pound; ANZ, ASB and BNZ also cover the yen, and ANZ and ASB the Chinese yuan. The Singapore dollar isn't on any of their lists. An "NZD to SGD prediction" elsewhere online comes from someone's own model, usually undated.
12 months of ECB reference rates
Forecast calculator
Type an amount to see it at today's mid-market rate and at each bank's published forecast. It shows what the banks expect. It isn't a quote or advice.
Rates: ECB reference rates converted to NZD, 11 Nov 2026. Forecasts: end-of-period levels from each bank's note, dated. A bank or transfer service will give you less than the mid-market rate.
No NZ bank we track publishes a forecast for this pair, so there is nothing to compare against. We don't make one up.
Compare every bank's callThe NZ dollar's side
The NZ dollar's rate against the US dollar drives much of its value against other currencies, the Singapore dollar included. We don't turn these NZD/USD forecasts into Singapore dollar figures, because that would need a Singapore dollar forecast that no bank we track publishes.
| Bank · published | Today (ECB) | Dec 2026 | Mar 2027 | Dec 2027 |
|---|---|---|---|---|
| BNZ9 Nov 2026 | 0.5584 | 0.58 | 0.58 | 0.59 |
| Westpac19 Oct 2026 | 0.5584 | 0.56 | 0.58 | 0.64 |
| ASBOctober 2026 | 0.5584 | 0.57 | 0.56 | 0.59 |
| ANZ18 Sep 2026 | 0.5584 | 0.58 | 0.58 | 0.60 |
Sources: BNZ Markets Outlook, 9 November 2026 (Quarterly Forecasts table); Westpac NZ Weekly Commentary, 19 October 2026 (Economic and financial forecasts table); ASB Economic Forecast Update, October 2026 (FX forecasts by CBA's FX strategists, last updated August 2026); ANZ NZ Latest forecasts (spreadsheet). NZD/USD forecast · every bank's full table.
The next big moment
The Reserve Bank of New Zealand reviews the Official Cash Rate (OCR) alongside its Monetary Policy Statement. OCR decisions often move the NZ dollar on the day. Source: Westpac NZ Weekly Commentary, 19 Oct 2026 (calendar).
OCR dates and bank callsWhat drives the cross
MAS's exchange-rate policy, Singapore's inflation and the NZ dollar's own moves drive NZD/SGD. Singapore figures are from the MAS Monetary Policy Statement of 14 October 2026. NZD/CNY · All bank forecasts
The Monetary Authority of Singapore (MAS) centres its monetary policy on the exchange rate, not an interest rate. It keeps the Singapore dollar's trade-weighted value, the S$NEER, inside a policy band, and sets how fast that band rises, how wide it is and where it is centred. MAS reviews the settings in January, April, July and October.
MAS left the slope of the S$NEER policy band, its width and its centre unchanged, after nudging the slope up very slightly in July 2026. MAS said the rising band lets the Singapore dollar keep strengthening, to lean against higher import costs. Its next statement is due in January 2027.
Singapore's GDP grew 5.4% year on year in the third quarter of 2026 on advance estimates, led by technology-related sectors. Core inflation, on the MAS measure, ran at 2.1% year on year in July and August, up from 1.5% in the June quarter. MAS forecasts core inflation of 1.5–2.0% for 2026 and 1.5–2.5% for 2027.
When the RBNZ raises the Official Cash Rate, or markets expect it to, the NZ dollar tends to firm against most currencies. The OCR is 2.75% (since September 2026). ANZ, BNZ and Westpac forecast 3.00% by December 2026, and ASB 3.25%. The next RBNZ decision is on 9 December 2026.
This page explains what moves the rate. It isn't advice on when to send money to Singapore, and a bank or transfer service will give you less than the mid-market rate shown here. For fees in general, see sending money overseas from NZ.
FAQ
Straight answers, with the source and date for every figure.
No New Zealand bank publishes an NZD/SGD forecast, and we don't build one. Westpac (9 Nov 2026) and ANZ (19 Oct 2026) forecast NZD/USD at 0.59 and 0.64 by December 2027, above today's 0.5584. On the Singapore side, the Monetary Authority of Singapore (MAS) said on 14 Oct 2026 that its policy band lets the Singapore dollar keep strengthening.
No. The RBNZ sets the Official Cash Rate, which is 2.75%. MAS runs monetary policy through the exchange rate instead: it manages the Singapore dollar's trade-weighted value, the S$NEER, within a policy band. MAS publishes a Monetary Policy Statement in January, April, July and October.
On 11 Nov 2026 one NZ dollar bought S$0.7161 on the ECB reference rate. On 11 Nov 2025 it bought S$0.7358, so the rate has moved −2.7% in 12 months. The 12-month high was S$0.7686 on 30 Jan 2026 and the low S$0.7104 on 6 Nov 2026.