Wondering when’s a good time to make a currency exchange on your YouTrip app? If you’re planning on making a switch from SGD to NZD, you’ve come to the right page!
If I had to pick just one place to willingly spend the rest of my days, it would be hands down New Zealand. Both the North and South Islands have so much to offer — from gorgeous mountain passes to majestic ocean views, picturesque cathedrals hidden in fields of lavender to (for the time being) great NZD exchange rates for the Singapore dollar. With New Zealand borders now wide open, there’s no better time to make a trip over to see all that Middle Earth has to offer.
️ Now to 31 July 2022: Enjoy more when you book your Singapore Airlines flight ticket with YouTrip Mastercard — Get up to S$320 worth of Cashback and KrisShop e-vouchers! Don’t miss out this time, find out more here.
SGD vs NZD: How’s It Going?
Image credits: Trading Economics
Image credits: Monetary Authority of Singapore
First of all, let’s break down both Fig A and Fig B. Fig A describes the general journey of the NZD across the last year, up to July 2022 — showing that as of July, one NZD is exchangeable for 0.85872 SGD. Similarly, in Fig B, you’re looking at the monthly average of 100 units of NZD per SGD. As you can see, the current average rate of 86.55 is the lowest monthly average it has been in a year from June 2021 to June 2022. However, it’s not rare for the NZD to get sudden bursts of strength like how it did in November 2021 and April 2022. So, really, anything can happen.
So How Do I Use YouTrip To Lock In The Best NZD Rates?
In a nutshell,YouTrip works to “unpinch” your wallet – you don’t need to worry about losing money from exchange rate margins.
✅ Simply top up the desired amount of SGD you wish to change to NZD in your mobile wallet
✅ Tap on the exchange icon in your YouTrip app and YouTrip will do all the work with Smart Exchange™
✅ You’ll see 10 major currencies available for real-time currency exchange and conversion, but you can go ahead and pick out the NZD
Secure The Best NZD Rates With YouTrip!
And just like that, you’ve locked in the best rates! The same Wholesale Exchange Rates will be utilised when you exchange currency in-app. Moreover, exchanging currencies (choose over 150 global currencies) on YouTrip also comes with zero fees and markup!
When you go on your next holiday, just don’t forget to take your YouTrip card with you on your travels to make full use of our wholesale exchange rates (i.e. no pesky bank fees!).
If you don’t have a YouTrip card yet, sign up now and be sure to check out our YouTrip Perks page for exclusive offers and promotions too! For more great tips and articles like this, join our Telegram(@YouTripSG) and subscribe to our free weekly newsletter here or down below!
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Stay safe, and happy travels!
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*All currency conversion rates are accurate to the nearest 10 cents on 12 July 2022 SGT 3.10 PM. Bank card prices are calculated based on 3.25% foreign currency transaction fee.