YEARLY HIGH
0.9578 NZD
YEARLY LOW
0.8517 NZD
YEARLY AVERAGE
0.9044 NZD

2023 ANG to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.9578. Conversely, the yearly low was recorded on February 1, dropping to 0.8517.

This high-to-low spread represents a total annual volatility of 0.1061 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8663 to the December average rate of 0.8900, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9578 was down 3.95% compared to the 2022 peak of 0.9972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ANG based on timing:

Yearly Peak High 4,789 NZD
2022 Average 4,377 NZD
Yearly Trough Low 4,258 NZD
Transaction Impact: A difference of 530.69 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9495
0.8587
JanuMarcMayJulySeptNove

ANG to NZD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8897, compared to 0.9190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.8897
H2 Avg (Jul–Dec) 0.9190

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0514 NZD (High: 0.9217 / Low: 0.8704). On the other end, September was the most stable month, with a tight range of 0.0224 NZD (High: 0.9460 / Low: 0.9235).

May Spread (Volatile) ±0.0514
September Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0362 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9420) against the same month in 2022 (average: 0.9760), the exchange rate shifted by -0.0340 (-3.48%).

2023 Avg (October) 0.9420
2022 Avg (October) 0.9760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8907 0.8540 0.8663
February 0.9024 0.8517 0.8835
March 0.9102 0.8849 0.8953
April 0.9111 0.8772 0.8945
May 0.9217 0.8704 0.8943
June 0.9188 0.8894 0.9045
July 0.9108 0.8683 0.8927
August 0.9405 0.9034 0.9267
September 0.9460 0.9235 0.9362
October 0.9578 0.9180 0.9420
November 0.9459 0.9012 0.9262
December 0.9055 0.8715 0.8900