2023 AWG to NZD Historical Review

YEARLY HIGH

0.9578 NZD

YEARLY LOW

0.8527 NZD

YEARLY AVERAGE

0.9047 NZD

2023 AWG to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG 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 0.8527.

This high-to-low spread represents a total annual volatility of 0.1051 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8668 to the December average rate of 0.8915, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9578 was down 4.11% compared to the 2022 peak of 0.9988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,789 NZD

2022 Average 4,382 NZD

Yearly Trough Low 4,263 NZD

Transaction Impact: A difference of 525.67 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9496

0.8593

JanuMarcMayJulySeptNove

AWG 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 0.8899, compared to 0.9196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 0.8899

H2 Avg (Jul–Dec) 0.9196

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0506 NZD (High: 0.9033 / Low: 0.8527). On the other end, September was the most stable month, with a tight range of 0.0204 NZD (High: 0.9458 / Low: 0.9254).

February Spread (Volatile) ±0.0506

September Spread (Stable) ±0.0204

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 0.0365 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0365

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: 0.9763), the exchange rate shifted by -0.0342 (-3.51%).

2023 Avg (October) 0.9420

2022 Avg (October) 0.9763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8910	0.8546	0.8668
February	0.9033	0.8527	0.8843
March	0.9106	0.8850	0.8946
April	0.9065	0.8783	0.8940
May	0.9211	0.8721	0.8945
June	0.9183	0.8899	0.9048
July	0.9049	0.8680	0.8919
August	0.9413	0.9049	0.9273
September	0.9458	0.9254	0.9369
October	0.9578	0.9183	0.9420
November	0.9445	0.9015	0.9280
December	0.9072	0.8740	0.8915