2017 BND to NZD Historical Review

YEARLY HIGH

1.0872 NZD

YEARLY LOW

0.9631 NZD

YEARLY AVERAGE

1.0197 NZD

2017 BND to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 1.0872. Conversely, the yearly low was recorded on January 30, dropping to 0.9631.

This high-to-low spread represents a total annual volatility of 0.1241 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9825 to the December average rate of 1.0663, the exchange rate registered a net change of 8.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0872 was down 1.00% compared to the 2016 peak of 1.0982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,436 NZD

2016 Average 5,202 NZD

Yearly Trough Low 4,815 NZD

Transaction Impact: A difference of 620.53 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0807

0.9706

JanuMarcMayJulySeptNove

BND 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 1.0061, compared to 1.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 1.0061

H2 Avg (Jul–Dec) 1.0332

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0574 NZD (High: 1.0720 / Low: 1.0146). On the other end, September was the most stable month, with a tight range of 0.0171 NZD (High: 1.0310 / Low: 1.0139).

October Spread (Volatile) ±0.0574

September Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0320 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.0715) against the same month in 2016 (average: 0.9926), the exchange rate shifted by +0.0789 (+7.95%).

2017 Avg (November) 1.0715

2016 Avg (November) 0.9926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0010	0.9631	0.9825
February	0.9967	0.9673	0.9798
March	1.0251	0.9965	1.0162
April	1.0425	1.0157	1.0249
May	1.0432	1.0197	1.0326
June	1.0216	0.9894	1.0006
July	1.0033	0.9759	0.9900
August	1.0268	0.9874	1.0060
September	1.0310	1.0139	1.0223
October	1.0720	1.0146	1.0434
November	1.0872	1.0555	1.0715
December	1.0852	1.0536	1.0663