YEARLY HIGH
0.0396 NZD
YEARLY LOW
0.0314 NZD
YEARLY AVERAGE
0.0343 NZD

2016 GMD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0396. Conversely, the yearly low was recorded on September 7, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0082 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.0333, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0396 was down 2.98% compared to the 2015 peak of 0.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 198 NZD
2015 Average 175 NZD
Yearly Trough Low 157 NZD
Transaction Impact: A difference of 41.04 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0393
0.0315
JanuMarcMayJulySeptNove

GMD 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 0.0359, compared to 0.0327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0359
H2 Avg (Jul–Dec) 0.0327

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0046 NZD (High: 0.0385 / Low: 0.0338). On the other end, August was the most stable month, with a tight range of 0.0010 NZD (High: 0.0330 / Low: 0.0320).

March Spread (Volatile) ±0.0046
August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0387) against the same month in 2015 (average: 0.0305), the exchange rate shifted by +0.0082 (+26.77%).

2016 Avg (January) 0.0387
2015 Avg (January) 0.0305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0396 0.0369 0.0387
February 0.0388 0.0376 0.0382
March 0.0385 0.0338 0.0365
April 0.0346 0.0335 0.0340
May 0.0350 0.0333 0.0344
June 0.0345 0.0323 0.0333
July 0.0336 0.0321 0.0328
August 0.0330 0.0320 0.0324
September 0.0324 0.0314 0.0321
October 0.0334 0.0321 0.0327
November 0.0336 0.0318 0.0328
December 0.0340 0.0324 0.0333