2023 CNY to NZD Historical Review

YEARLY HIGH

0.2402 NZD

YEARLY LOW

0.2188 NZD

YEARLY AVERAGE

0.2304 NZD

2023 CNY to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.2402. Conversely, the yearly low was recorded on July 13, dropping to 0.2188.

This high-to-low spread represents a total annual volatility of 0.0214 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2299 to the December average rate of 0.2256, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2402 was down 4.32% compared to the 2022 peak of 0.2510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 6,005 NZD

2022 Average 5,859 NZD

Yearly Trough Low 5,470 NZD

Transaction Impact: A difference of 534.86 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2349

0.2226

JanuMarcMayJulySeptNove

CNY 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 0.2314, compared to 0.2293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2314

H2 Avg (Jul–Dec) 0.2293

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0133 NZD (High: 0.2402 / Low: 0.2269). On the other end, March was the most stable month, with a tight range of 0.0048 NZD (High: 0.2363 / Low: 0.2315).

October Spread (Volatile) ±0.0133

March Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and April, 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 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2332) against the same month in 2022 (average: 0.2446), the exchange rate shifted by -0.0114 (-4.64%).

2023 Avg (October) 0.2332

2022 Avg (October) 0.2446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2338	0.2269	0.2299
February	0.2340	0.2277	0.2327
March	0.2363	0.2315	0.2337
April	0.2363	0.2301	0.2338
May	0.2347	0.2262	0.2306
June	0.2331	0.2242	0.2278
July	0.2283	0.2188	0.2236
August	0.2340	0.2269	0.2307
September	0.2340	0.2287	0.2313
October	0.2402	0.2269	0.2332
November	0.2359	0.2284	0.2314
December	0.2289	0.2206	0.2256