2017 GIP to NZD Historical Review

YEARLY HIGH

1.9807 NZD

YEARLY LOW

1.6887 NZD

YEARLY AVERAGE

1.8136 NZD

2017 GIP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GIP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 1.9807. Conversely, the yearly low was recorded on January 15, dropping to 1.6887.

This high-to-low spread represents a total annual volatility of 0.2920 NZD. From a start-to-finish perspective, comparing the January average rate of 1.7340 to the December average rate of 1.9243, the exchange rate registered a net change of 10.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9807 was down 11.04% compared to the 2016 peak of 2.2265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,904 NZD

2016 Average 9,746 NZD

Yearly Trough Low 8,444 NZD

Transaction Impact: A difference of 1,460.06 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9439

1.7089

JanuMarcMayJulySeptNove

GIP 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 1.7782, compared to 1.8490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0708 points.

H1 Avg (Jan–Jun) 1.7782

H2 Avg (Jul–Dec) 1.8490

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1063 NZD (High: 1.8865 / Low: 1.7802). On the other end, February was the most stable month, with a tight range of 0.0407 NZD (High: 1.7447 / Low: 1.7040).

April Spread (Volatile) ±0.1063

February Spread (Stable) ±0.0407

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0890 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.9202) against the same month in 2016 (average: 1.7435), the exchange rate shifted by +0.1767 (+10.14%).

2017 Avg (November) 1.9202

2016 Avg (November) 1.7435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7793	1.6887	1.7340
February	1.7447	1.7040	1.7285
March	1.7906	1.7242	1.7623
April	1.8865	1.7802	1.8127
May	1.8927	1.8078	1.8605
June	1.8249	1.7451	1.7715
July	1.7933	1.7425	1.7655
August	1.8024	1.7576	1.7732
September	1.8665	1.7967	1.8369
October	1.9269	1.8380	1.8739
November	1.9807	1.8850	1.9202
December	1.9750	1.8948	1.9243