2019 BND to NZD Historical Review

YEARLY HIGH

1.1859 NZD

YEARLY LOW

0.9178 NZD

YEARLY AVERAGE

1.1071 NZD

2019 BND to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1.1859. Conversely, the yearly low was recorded on January 31, dropping to 0.9178.

This high-to-low spread represents a total annual volatility of 0.2681 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9409 to the December average rate of 1.1169, the exchange rate registered a net change of 18.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1859 was up 5.20% compared to the 2018 peak of 1.1273, 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 5,930 NZD

2018 Average 5,149 NZD

Yearly Trough Low 4,589 NZD

Transaction Impact: A difference of 1,340.37 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1894

0.9183

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 1.0737, compared to 1.1405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0668 points.

H1 Avg (Jan–Jun) 1.0737

H2 Avg (Jul–Dec) 1.1405

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.1790 NZD (High: 1.0990 / Low: 0.9199). On the other end, March was the most stable month, with a tight range of 0.0242 NZD (High: 1.0945 / Low: 1.0703).

February Spread (Volatile) ±0.1790

March Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0318 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 1.1514) against the same month in 2018 (average: 1.0885), the exchange rate shifted by +0.0630 (+5.79%).

2019 Avg (October) 1.1514

2018 Avg (October) 1.0885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0834	0.9178	0.9409
February	1.0990	0.9199	1.0668
March	1.0945	1.0703	1.0832
April	1.1228	1.0906	1.1027
May	1.1399	1.1103	1.1275
June	1.1405	1.1013	1.1209
July	1.1303	1.0882	1.1087
August	1.1727	1.1290	1.1505
September	1.1831	1.1365	1.1668
October	1.1859	1.1425	1.1514
November	1.1631	1.1386	1.1487
December	1.1396	1.1012	1.1169