YEARLY HIGH
0.0338 NZD
YEARLY LOW
0.0289 NZD
YEARLY AVERAGE
0.0307 NZD

2017 GMD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0338. Conversely, the yearly low was recorded on July 26, dropping to 0.0289.

This high-to-low spread represents a total annual volatility of 0.0049 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0323 to the December average rate of 0.0302, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0338 was down 14.74% compared to the 2016 peak of 0.0396, 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 169 NZD
2016 Average 171 NZD
Yearly Trough Low 144 NZD
Transaction Impact: A difference of 24.54 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0325
0.0292
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 0.0314, compared to 0.0300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0314
H2 Avg (Jul–Dec) 0.0300

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0025 NZD (High: 0.0338 / Low: 0.0313). On the other end, November was the most stable month, with a tight range of 0.0007 NZD (High: 0.0310 / Low: 0.0304).

January Spread (Volatile) ±0.0025
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0323) against the same month in 2016 (average: 0.0387), the exchange rate shifted by -0.0064 (-16.62%).

2017 Avg (January) 0.0323
2016 Avg (January) 0.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0338 0.0313 0.0323
February 0.0318 0.0310 0.0314
March 0.0325 0.0314 0.0319
April 0.0322 0.0315 0.0317
May 0.0318 0.0306 0.0312
June 0.0307 0.0296 0.0301
July 0.0301 0.0289 0.0295
August 0.0304 0.0291 0.0298
September 0.0303 0.0296 0.0300
October 0.0308 0.0293 0.0302
November 0.0310 0.0304 0.0306
December 0.0308 0.0295 0.0302