2023 BZD to NZD Historical Review

YEARLY HIGH

0.8565 NZD

YEARLY LOW

0.7615 NZD

YEARLY AVERAGE

0.8087 NZD

2023 BZD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.8565. Conversely, the yearly low was recorded on February 1, dropping to 0.7615.

This high-to-low spread represents a total annual volatility of 0.0950 NZD. From a start-to-finish perspective, comparing the January average rate of 0.7746 to the December average rate of 0.7957, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8565 was down 3.93% compared to the 2022 peak of 0.8916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,283 NZD

2022 Average 3,914 NZD

Yearly Trough Low 3,807 NZD

Transaction Impact: A difference of 475.08 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8491

0.7678

JanuMarcMayJulySeptNove

BZD 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 0.7957, compared to 0.8217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.7957

H2 Avg (Jul–Dec) 0.8217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0458 NZD (High: 0.8240 / Low: 0.7782). On the other end, September was the most stable month, with a tight range of 0.0200 NZD (High: 0.8458 / Low: 0.8258).

May Spread (Volatile) ±0.0458

September Spread (Stable) ±0.0200

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 0.0325 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8423) against the same month in 2022 (average: 0.8731), the exchange rate shifted by -0.0308 (-3.53%).

2023 Avg (October) 0.8423

2022 Avg (October) 0.8731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7964	0.7638	0.7746
February	0.8069	0.7615	0.7900
March	0.8138	0.7912	0.8013
April	0.8147	0.7843	0.7998
May	0.8240	0.7782	0.7998
June	0.8215	0.7952	0.8087
July	0.8144	0.7764	0.7982
August	0.8408	0.8077	0.8286
September	0.8458	0.8258	0.8371
October	0.8565	0.8208	0.8423
November	0.8457	0.8057	0.8282
December	0.8096	0.7792	0.7957