Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info Shyft Network

Shyft Network to New Zealand Dollar Converter and calculator

Convert 1Shyft Network (SHFT) to New Zealand Dollar (NZD) equals $ 0.01127 | Bitget
SHFT
SHFT
swap
NZD
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Shyft Network(SHFT) to New Zealand Dollar(NZD). This is the real-time data. The current conversion shows 1 SHFT at a value of 1 SHFT for 0.01 NZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NZD information

About the New Zealand Dollar (NZD)

What Is the New Zealand Dollar (NZD)?

The New Zealand dollar, known as the "Kiwi" or "Kiwi dollar," is the official currency and legal tender of New Zealand, as well as the Cook Islands, Niue, the Ross Dependency, Tokelau, and the British territory of the Pitcairn Islands. It is commonly represented by the dollar sign ($), with the code NZD. Internationally, it's sometimes distinguished from other dollar-denominated currencies by the abbreviations "$NZ" or "NZ$."

The New Zealand Dollar (NZD) is issued by the Reserve Bank of New Zealand, which is the central bank of New Zealand. The Reserve Bank is responsible for maintaining monetary stability in the country, which includes issuing the nation's currency, managing its supply, and implementing monetary policy.

What Is the History of NZD?

The New Zealand dollar was introduced on July 10, 1967, replacing the New Zealand pound, a system that was considered cumbersome by the 1950s. This transition marked a significant change from the £sd system (pound, shillings, pence) to a decimal system, where one dollar was equivalent to 100 cents. The changeover was accompanied by a massive publicity campaign, including the introduction of a cartoon character, "Mr. Dollar."

Notes and Coins of NZD

Initially, the New Zealand dollar had coins in denominations of 1c, 2c, 5c, 10c, 20c, and 50c, and banknotes in $1, $2, $5, $10, $20, and $100. Over time, due to inflation and production costs, the smaller denominations were phased out. The current coin series features distinctive New Zealand symbols and commemorations, including the kiwi bird and indigenous Māori art.

Exchange Rate and International Presence

The NZD was initially pegged to the British pound and the US dollar. However, it has been floating since March 4, 1985, and its value is now determined by the financial markets. The NZD is among the top 10 most traded currencies globally, reflecting New Zealand's significant role in international trade and finance, disproportionate to its size and population.

The value of the NZD has seen considerable fluctuations over the years, influenced by global economic conditions, interest rate differentials, and domestic economic policies. Notably, the NZD experienced a significant drop during the global economic downturn of 2008 but recovered in the following years. The Reserve Bank of New Zealand has occasionally intervened in the currency market to influence the NZD's value.

Is NZD a Stable Currency?

The New Zealand Dollar (NZD), commonly known as the "Kiwi," is generally regarded as a stable currency, underpinned by New Zealand's robust economic fundamentals, including low inflation and consistent growth. However, as a floating currency since 1985, its value is subject to fluctuations influenced by various factors. These include the Reserve Bank of New Zealand's monetary policy decisions, particularly interest rates that can attract foreign investment, and the nation's heavy reliance on agricultural and dairy exports, making it sensitive to global commodity price changes. Additionally, as a smaller, open economy, New Zealand is susceptible to external economic shocks, and in times of global financial uncertainty, the NZD can experience volatility, with investors often favoring 'safe-haven' currencies.

Is the New Zealand Dollar Pegged to the US Dollar?

The New Zealand Dollar (NZD) is not pegged to the US Dollar (USD) but operates under a floating exchange rate system. This shift from a fixed exchange rate system, where it was once pegged to specific currencies including the USD, occurred in 1985. Since then, the value of the NZD is determined by the foreign exchange market, influenced by a range of factors such as New Zealand's economic indicators, interest rate decisions by the Reserve Bank of New Zealand, global market conditions, and the country's trade balance. This floating exchange rate allows the NZD to adjust more dynamically to the changing economic landscape and global financial market fluctuations, without direct intervention from the government or central bank.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Shyft Network currency pair is the SHFT to NZD, with for Shyft Network's currency code being SHFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NZD.

SHFT to NZD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Shyft Network has changed +0.42% to NZD. Based on the trend and price charts, Shyft Network(SHFT) has changed +0.42% to NZD while New Zealand Dollar(NZD) has changed % to SHFT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.01127
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
$0.01056
0.1000% / 0.1000%
Yes
Bitfinex
$0.01736
0.1000% / 0.1000%
Yes
Last updated 2024/02/16 01:00:33(UTC+0)

How to buy Shyft Network

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Shyft Network (SHFT)
Use a variety of payment options to buy Shyft Network on Bitget. We'll show you how.

Buy SHFT (or USDT) for NZD (New Zealand Dollar) offers

Bitget P2P trading does not currently support direct buying of SHFT with NZD. However, you can buy USDT in Bitget P2P trading first, and then buy SHFT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
金边安欣币行Verified Merchant
372 tradesCompletion rate 98.00%
1.01 USD
Amount81.21 USDT
Limit10 - 101 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
m
mundocriptoVerified Merchant
17 tradesCompletion rate 85.00%
1.018 USD
Amount262.93 USDT
Limit10 - 200 USD
Volet.com(Formerly Advcash)
Buy
Q
QuickResponse100%Verified Merchant
161 tradesCompletion rate 96.00%
1.03 USD
Amount50 USDT
Limit10 - 50 USD
Bank Transfer
Buy
F
FLASH SALE 1Ultra-MerchantGolden merchantVerified Merchant
21 tradesCompletion rate 95.00%
1.036 USD
Amount1602.82 USDT
Limit10 - 1660.521 USD
PayeerPerfect MoneyVolet.com(Formerly Advcash)Air TMPyypl
Buy
R
RechargeVerified Merchant
38 tradesCompletion rate 79.00%
1.036 USD
Amount272.07 USDT
Limit10 - 270 USD
Perfect MoneyVolet.com(Formerly Advcash)Air TM
Buy

Sell SHFT (or USDT) for NZD (New Zealand Dollar) offers

Bitget P2P trading currently does not support direct selling of SHFT to NZD. However, you can first exchange SHFT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Sinai Saud TradesVerified Merchant
38 tradesCompletion rate 93.00%
1.199 USD
Amount40000 USDT
Limit1300 - 47600 USD
Bank TransferRevolutWebMoneyZenWing Money
Sell
c
cR7_traderVerified Merchant
11 tradesCompletion rate 100.00%
1.121 USD
Amount4788.74 USDT
Limit100 - 5000 USD
WebMoney
Sell
D
DimTradeVerified Merchant
0 tradesCompletion rate 0.00%
1.1 USD
Amount4502.79 USDT
Limit100 - 1000 USD
WebMoney
Sell
y
yaske212Verified Merchant
25 tradesCompletion rate 71.00%
1.016 USD
Amount600 USDT
Limit20 - 600 USD
WebMoney
Sell
Q
QuickResponse100%Verified Merchant
161 tradesCompletion rate 96.00%
1.015 USD
Amount49.62 USDT
Limit10 - 60 USD
Perfect Money
Sell

What factors influence the conversion rate of Shyft Network to New Zealand Dollar?

Shyft Network to New Zealand Dollar is falling this week.
Shyft Network's current market price is $ 0.01127 per SHFT, with a total market cap of $ 24,682,926.73 NZD based on a circulating supply of 2,190,995,700 SHFT. The trading volume of Shyft Network has changed by -48.82% ($ -55,950.08 NZD) in the last 24 hours. Last trading day, SHFT's trading volume was $ 114,599.2.
Market cap
$15.15M
24h volume
$35.99K
Circulating supply
2.19B SHFT

Conversion tables

The exchange rate of Shyft Network is decreasing.
1 SHFT is currently valued at $ 0.01127 NZD , which means buying 5 SHFT will cost $ 0.05633 NZD . Similarly, $1 NZD can be traded for 88.77 SHFT, and $50 NZD can be converted to 4,438.28 SHFT, excluding any platform or gas fees.
The exchange rate of 1 SHFT to New Zealand Dollar has changed by -6.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.42%, reaching a high of 0.01171 NZD and a low of 0.009830 NZD . One month ago, the value of 1 SHFT was $ 0.01568 NZD , which represents a -28.13% change from its current value. Over the last year, Shyft Network has changed by
+$
0.005800NZD
, resulting in a change of +106.08% in its value.

SHFT to NZD

Amount
01:38 am today
0.5 SHFT
$0.005633
1 SHFT
$0.01127
5 SHFT
$0.05633
10 SHFT
$0.1127
50 SHFT
$0.5633
100 SHFT
$1.13
500 SHFT
$5.63
1000 SHFT
$11.27

NZD to SHFT

Amount01:38 am today
0.5NZD44.38  SHFT
1NZD88.77  SHFT
5NZD443.83  SHFT
10NZD887.66  SHFT
50NZD4,438.28  SHFT
100NZD8,876.56  SHFT
500NZD44,382.82  SHFT
1000NZD88,765.64  SHFT
Buy Shyft Network for 1 NZD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Shyft Network now

Today vs. 24 hours ago

Amount01:38 am today24 hours ago24h change
0.5 SHFT$0.003457$0.003443
+0.42%
1 SHFT$0.006914$0.006885
+0.42%
5 SHFT$0.03457$0.03443
+0.42%
10 SHFT$0.06914$0.06885
+0.42%
50 SHFT$0.3457$0.3443
+0.42%
100 SHFT$0.6914$0.6885
+0.42%
500 SHFT$3.46$3.44
+0.42%
1000 SHFT$6.91$6.89
+0.42%

Today vs. 1 month ago

Amount01:38 am today1 month ago1M change
0.5 SHFT$0.003457$0.004810
-28.13%
1 SHFT$0.006914$0.009621
-28.13%
5 SHFT$0.03457$0.04810
-28.13%
10 SHFT$0.06914$0.09621
-28.13%
50 SHFT$0.3457$0.4810
-28.13%
100 SHFT$0.6914$0.9621
-28.13%
500 SHFT$3.46$4.81
-28.13%
1000 SHFT$6.91$9.62
-28.13%
Buy Shyft Network for 1 NZD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Shyft Network now

Today vs. 1 year ago

Amount01:38 am today1 year ago1Y change
0.5 SHFT$0.003457$0.001677
+106.08%
1 SHFT$0.006914$0.003355
+106.08%
5 SHFT$0.03457$0.01677
+106.08%
10 SHFT$0.06914$0.03355
+106.08%
50 SHFT$0.3457$0.1677
+106.08%
100 SHFT$0.6914$0.3355
+106.08%
500 SHFT$3.46$1.68
+106.08%
1000 SHFT$6.91$3.35
+106.08%

Shyft Network price prediction

What will the price of SHFT be in 2025?

Based on SHFT's historical price performance prediction model, the price of SHFT is projected to reach $0.01011 in 2025.

What will the price of SHFT be in 2030?

In 2030, the SHFT price is expected to change by +10.00%. By the end of 2030, the SHFT price is projected to reach $0.01468, with a cumulative ROI of +112.39%.
Buy Shyft Network for 1 NZD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Shyft Network now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Shyft Network for 1 NZD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Shyft Network now
Buy Shyft Network for 1 NZD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Shyft Network now

Latest coin listings on Bitget

New listings

FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Shyft Network and NZD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Shyft Network and NZD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Shyft Network in NZD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Shyft Network for 1 NZD

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Shyft Network now
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.