2023 DJF to NZD Historical Review

YEARLY HIGH

0.0097 NZD

YEARLY LOW

0.0086 NZD

YEARLY AVERAGE

0.0092 NZD

2023 DJF to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0097. Conversely, the yearly low was recorded on February 1, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0011 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0090, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0097 was down 4.01% compared to the 2022 peak of 0.0101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 NZD

2022 Average 44 NZD

Yearly Trough Low 43 NZD

Transaction Impact: A difference of 5.28 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0096

0.0087

JanuMarcMayJulySeptNove

DJF 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 0.0090, compared to 0.0093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0090

H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 NZD (High: 0.0093 / Low: 0.0088). On the other end, September was the most stable month, with a tight range of 0.0002 NZD (High: 0.0096 / Low: 0.0093).

May Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0095) against the same month in 2022 (average: 0.0099), the exchange rate shifted by -0.0003 (-3.53%).

2023 Avg (October) 0.0095

2022 Avg (October) 0.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0090	0.0087	0.0088
February	0.0091	0.0086	0.0089
March	0.0092	0.0090	0.0091
April	0.0092	0.0089	0.0091
May	0.0093	0.0088	0.0091
June	0.0093	0.0090	0.0092
July	0.0092	0.0088	0.0090
August	0.0095	0.0091	0.0094
September	0.0096	0.0093	0.0095
October	0.0097	0.0093	0.0095
November	0.0096	0.0091	0.0094
December	0.0092	0.0088	0.0090