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SHM to NZD Converter and calculator

SHM/NZD: 1 SHM = 0.0004264 NZD. The price of converting 1 Shardeum (SHM) to New Zealand Dollar (NZD) is 0.0004264 NZD today.
SHM
SHM
NZD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHM to NZD real-time exchange rates, making it easy to convert Shardeum (SHM) to New Zealand Dollar (NZD). The conversion result is based on real-time data. The conversion result shows that 1 SHM is currently valued at 0.0004264 NZD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHM is currently valued at 0.0004264 NZD, which means buying 5 SHM would cost 0.002132 NZD. Similarly, NZ$1 NZD can be converted to 2,345.01 SHM, and NZ$50 NZD can be converted to 11,725.07 SHM, excluding any platform or gas fees.

Convert SHM to NZD

Convert NZD to SHM

Shardeum
New Zealand Dollar
1 SHM
0.0004264  NZD
Exchange 1 SHM for 0.0004264 NZD
2 SHM
0.0008529  NZD
Exchange 2 SHM for 0.0008529 NZD
5 SHM
0.002132  NZD
Exchange 5 SHM for 0.002132 NZD
10 SHM
0.004264  NZD
Exchange 10 SHM for 0.004264 NZD
20 SHM
0.008529  NZD
Exchange 20 SHM for 0.008529 NZD
50 SHM
0.02132  NZD
Exchange 50 SHM for 0.02132 NZD
100 SHM
0.04264  NZD
Exchange 100 SHM for 0.04264 NZD
200 SHM
0.08529  NZD
Exchange 200 SHM for 0.08529 NZD
500 SHM
0.2132  NZD
Exchange 500 SHM for 0.2132 NZD
1000 SHM
0.4264  NZD
Exchange 1000 SHM for 0.4264 NZD
5000 SHM
2.13  NZD
Exchange 5000 SHM for 2.13 NZD
10000 SHM
4.26  NZD
Exchange 10000 SHM for 4.26 NZD
In the table above, you'll find a comprehensive SHM to NZD converter that shows the value of Shardeum in New Zealand Dollar across commonly used conversion amounts. The list covers conversions from 1 SHM to NZD, all the way up to 10000 SHM, providing a clear view of their respective values.
New Zealand Dollar
Shardeum
1 NZD
2,345.01 SHM
Exchange 1 NZD for 2,345.01 SHM
10 NZD
23,450.15 SHM
Exchange 10 NZD for 23,450.15 SHM
50 NZD
117,250.73 SHM
Exchange 50 NZD for 117,250.73 SHM
100 NZD
234,501.47 SHM
Exchange 100 NZD for 234,501.47 SHM
200 NZD
469,002.93 SHM
Exchange 200 NZD for 469,002.93 SHM
500 NZD
1,172,507.33 SHM
Exchange 500 NZD for 1,172,507.33 SHM
1000 NZD
2,345,014.66 SHM
Exchange 1000 NZD for 2,345,014.66 SHM
2000 NZD
4,690,029.33 SHM
Exchange 2000 NZD for 4,690,029.33 SHM
5000 NZD
11,725,073.32 SHM
Exchange 5000 NZD for 11,725,073.32 SHM
10000 NZD
23,450,146.63 SHM
Exchange 10000 NZD for 23,450,146.63 SHM
50000 NZD
117,250,733.15 SHM
Exchange 50000 NZD for 117,250,733.15 SHM
100000 NZD
234,501,466.3 SHM
Exchange 100000 NZD for 234,501,466.3 SHM
In the table above, you'll find a comprehensive NZD to SHM converter that shows the value of New Zealand Dollar in Shardeum across commonly used conversion amounts. The list covers conversions from 1 NZD to SHM, all the way up to 100000 NZD, providing a clear view of their respective values.

SHM to NZD chart

SHM/NZD: 1 SHM = 0.0004264 NZD; 2025/11/19 16:20:01
In the past 1D, Shardeum has changed -8.60% to NZD. Based on the trend and price charts, Shardeum(SHM) has changed -8.60% to NZD while New Zealand Dollar(NZD) has changed % to SHM in the last 24 hours.
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SHM to NZD conversion data: Volatility and price changes of Shardeum in NZD

The highest Shardeum price in NZD over the past 7 days was 0.0006800 NZD while the lowest Shardeum price in NZD over the past 7 days was 0.0004104 NZD. The relative change between the highs and lows in Shardeum price in NZD over the last 7 days indicates a volatility of %. You can view additional volatility data and SHM to NZD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.0004667 NZD
0.0006800 NZD
0.1392 NZD
0.1392 NZD
Low
0.0004104 NZD
0.0004104 NZD
0.0004022 NZD
0.0004022 NZD
Average
0 NZD
0 NZD
0 NZD
0 NZD
Volatility
%
%
%
%
Change
-8.60%
-33.90%
-99.54%
-99.64%

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Bitget P2P trading does not currently support direct buying of SHM with NZD. However, you can buy USDT in Bitget P2P trading first, and then buy SHM with USDT via Bitget spot market.
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Shardeum information

SHM to NZD market statistics

SHM/NZD:
NZ$0.0004264
SHM 24h volume:
NZ$829,584.99
SHM market cap:
NZ$8,265.69
SHM circulating supply:
19.38M SHM

Current SHM to NZD exchange rate

Shardeum to New Zealand Dollar is falling this week.
Shardeum's current market price is NZ$0.0004264 per SHM, with a total market cap of NZ$8,265.69 NZD based on a circulating supply of 19,383,158 SHM. The trading volume of Shardeum has changed by +0.84% (NZ$6,916.18 NZD) in the last 24 hours. Last trading day, SHM's trading volume was NZ$822,668.81.

More info about Shardeum on Bitget

New Zealand Dollar 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.

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

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How to convert SHM to NZD

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SHM to NZD Conversion tables

The exchange rate of Shardeum is decreasing.
The exchange rate of 1 SHM to New Zealand Dollar has changed by -33.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.60%, reaching a high of 0.0004667 NZD and a low of 0.0004104 NZD . One month ago, the value of 1 SHM was NZ$0.09248 NZD , which represents a -99.54% change from its current value. Over the last year, Shardeum has changed by
+NZ$
0.0004256NZD
, resulting in a change of -99.87% in its value.
24 hours ago1 month ago1 year ago
Amount 16:20 today 24 hours ago 24h change
0.5 SHM
NZ$0.0002132NZ$0.0002332
-8.60%
1 SHM
NZ$0.0004264NZ$0.0004665
-8.60%
5 SHM
NZ$0.002132NZ$0.002332
-8.60%
10 SHM
NZ$0.004264NZ$0.004665
-8.60%
50 SHM
NZ$0.02132NZ$0.02332
-8.60%
100 SHM
NZ$0.04264NZ$0.04665
-8.60%
500 SHM
NZ$0.2132NZ$0.2332
-8.60%
1000 SHM
NZ$0.4264NZ$0.4665
-8.60%

SHM to NZD FAQ

How much is 1 Shardeum in NZD?
Right now, the price of 1 Shardeum (SHM) in New Zealand Dollar (NZD) is NZ$0.0004264.
How much SHM can I buy for 1 NZD?
Based on the current exchange rate, you can get 2,345.01 SHM for 1 NZD.
How do I calculate or convert SHM to NZD?
You can use our SHM to NZD calculator at the top of this page to convert any amount of SHM to NZD. We've also included quick-reference tables for the most popular conversions. For example, 5 NZD is equivalent to 11,725.07 SHM, while 5 SHM will cost around 0.002132NZD.
What is the highest price of SHM/NZD in history?
The all-time high price of 1 SHM in NZD is NZ$0.6592. It remains to be seen if the value of 1 SHM/NZD will exceed the current all-time high.
What is the price trend of Shardeum in NZD?
Over the past 7 days, the exchange rate of Shardeum (SHM) has gone down by 33.90%.   Over the last month, the exchange rate of Shardeum (SHM) has gone down by 99.54% against New Zealand Dollar (NZD).

What factors influence the conversion rate of SHM to NZD?

There are many factors that affect the relationship between Shardeum and New Zealand Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SHM/NZD. When there is positive news in the market about the widespread adoption of SHM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHM/NZD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHM/NZD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SHM/NZD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Shardeum and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Shardeum currency pairs: SHM to US Dollar (USD), SHM to Euro (EUR), SHM to Pound Sterling (GBP), SHM to Canadian Dollar (CAD), SHM to Indian Rupee (INR), SHM to Pakistani Rupee (PKR), SHM to Brazilian Real (BRL), SHM to…
The price of Shardeum in the US is $0.0002399 USD. Additionally, Shardeum’s price is €0.0002072 EUR in the eurozone, £0.0001828 GBP in the UK, C$0.0003362 CAD in Canada, ₹0.02123 INR in India, ₨0.06779 PKR in Pakistan, R$0.001280 BRL in Brazil, and more.
The most popular Shardeum currency pair is the SHM to New Zealand Dollar(NZD). The price of 1 Shardeum (SHM) in New Zealand Dollar (NZD) is NZ$0.0004264.

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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.