2018 BND to NZD Historical Review

YEARLY HIGH

1.1273 NZD

YEARLY LOW

0.9143 NZD

YEARLY AVERAGE

1.0298 NZD

2018 BND to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 1.1273. Conversely, the yearly low was recorded on December 4, dropping to 0.9143.

This high-to-low spread represents a total annual volatility of 0.2130 NZD. From a start-to-finish perspective, comparing the January average rate of 1.0431 to the December average rate of 0.9368, the exchange rate registered a net change of -10.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1273 was up 3.69% compared to the 2017 peak of 1.0872, 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 5,637 NZD

2017 Average 5,099 NZD

Yearly Trough Low 4,572 NZD

Transaction Impact: A difference of 1,064.85 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1036

0.9216

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 1.0417, compared to 1.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 1.0417

H2 Avg (Jul–Dec) 1.0180

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1609 NZD (High: 1.0840 / Low: 0.9231). On the other end, February was the most stable month, with a tight range of 0.0195 NZD (High: 1.0489 / Low: 1.0293).

November Spread (Volatile) ±0.1609

February Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between February and May, 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 0.0820 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 1.0885) against the same month in 2017 (average: 1.0434), the exchange rate shifted by +0.0451 (+4.32%).

2018 Avg (October) 1.0885

2017 Avg (October) 1.0434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0616	1.0304	1.0431
February	1.0489	1.0293	1.0373
March	1.0587	1.0378	1.0483
April	1.0665	1.0322	1.0494
May	1.0941	0.9774	1.0650
June	1.0960	0.9424	1.0073
July	1.0957	0.9672	1.0404
August	1.0941	0.9741	0.9968
September	1.0980	0.9901	1.0264
October	1.1273	1.0738	1.0885
November	1.0840	0.9231	1.0189
December	1.0500	0.9143	0.9368