2023 AUD to NZD Historical Review

YEARLY HIGH

1.1057 NZD

YEARLY LOW

1.0573 NZD

YEARLY AVERAGE

1.0821 NZD

2023 AUD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 1.1057. Conversely, the yearly low was recorded on May 20, dropping to 1.0573.

This high-to-low spread represents a total annual volatility of 0.0484 NZD. From a start-to-finish perspective, comparing the January average rate of 1.0864 to the December average rate of 1.0762, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1057 was down 3.27% compared to the 2022 peak of 1.1431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,529 NZD

2022 Average 5,467 NZD

Yearly Trough Low 5,287 NZD

Transaction Impact: A difference of 242.03 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0992

1.0672

JanuMarcMayJulySeptNove

AUD 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 1.0835, compared to 1.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 1.0835

H2 Avg (Jul–Dec) 1.0806

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0288 NZD (High: 1.1020 / Low: 1.0732). On the other end, December was the most stable month, with a tight range of 0.0133 NZD (High: 1.0804 / Low: 1.0670).

January Spread (Volatile) ±0.0288

December Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0202 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.0952) against the same month in 2022 (average: 1.1053), the exchange rate shifted by -0.0101 (-0.91%).

2023 Avg (June) 1.0952

2022 Avg (June) 1.1053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1020	1.0732	1.0864
February	1.1042	1.0879	1.0966
March	1.0878	1.0687	1.0764
April	1.0913	1.0634	1.0767
May	1.0802	1.0573	1.0699
June	1.1057	1.0829	1.0952
July	1.0920	1.0737	1.0813
August	1.0882	1.0748	1.0821
September	1.0908	1.0722	1.0834
October	1.0914	1.0647	1.0768
November	1.0924	1.0729	1.0838
December	1.0804	1.0670	1.0762