2023 BBD to NZD Historical Review

YEARLY HIGH

0.8632 NZD

YEARLY LOW

0.7674 NZD

YEARLY AVERAGE

0.8146 NZD

2023 BBD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.8632. Conversely, the yearly low was recorded on February 1, dropping to 0.7674.

This high-to-low spread represents a total annual volatility of 0.0958 NZD. From a start-to-finish perspective, comparing the January average rate of 0.7806 to the December average rate of 0.8028, 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 0.8632 was down 3.97% compared to the 2022 peak of 0.8990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,316 NZD

2022 Average 3,944 NZD

Yearly Trough Low 3,837 NZD

Transaction Impact: A difference of 479.09 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8551

0.7739

JanuMarcMayJulySeptNove

BBD 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 0.8014, compared to 0.8278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.8014

H2 Avg (Jul–Dec) 0.8278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0455 NZD (High: 0.8129 / Low: 0.7674). On the other end, September was the most stable month, with a tight range of 0.0177 NZD (High: 0.8517 / Low: 0.8340).

February Spread (Volatile) ±0.0455

September Spread (Stable) ±0.0177

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 0.0309 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8483) against the same month in 2022 (average: 0.8791), the exchange rate shifted by -0.0308 (-3.51%).

2023 Avg (October) 0.8483

2022 Avg (October) 0.8791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8030	0.7698	0.7806
February	0.8129	0.7674	0.7962
March	0.8196	0.7971	0.8056
April	0.8169	0.7914	0.8052
May	0.8301	0.7849	0.8057
June	0.8276	0.8020	0.8150
July	0.8155	0.7823	0.8035
August	0.8472	0.8144	0.8351
September	0.8517	0.8340	0.8435
October	0.8632	0.8277	0.8483
November	0.8505	0.8121	0.8338
December	0.8167	0.7877	0.8028