YEARLY HIGH
0.0624 NZD
YEARLY LOW
0.0567 NZD
YEARLY AVERAGE
0.0600 NZD

2017 HNL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0624. Conversely, the yearly low was recorded on July 27, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0057 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0602 to the December average rate of 0.0607, the exchange rate registered a net change of 0.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0624 was down 10.48% compared to the 2016 peak of 0.0697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 312 NZD
2016 Average 316 NZD
Yearly Trough Low 284 NZD
Transaction Impact: A difference of 28.31 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0619
0.0576
JanuMarcMayJulySeptNove

HNL 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 0.0602, compared to 0.0597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0602
H2 Avg (Jul–Dec) 0.0597

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0044 NZD (High: 0.0624 / Low: 0.0580). On the other end, November was the most stable month, with a tight range of 0.0013 NZD (High: 0.0622 / Low: 0.0609).

January Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0013

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 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0614) against the same month in 2016 (average: 0.0652), the exchange rate shifted by -0.0038 (-5.78%).

2017 Avg (May) 0.0614
2016 Avg (May) 0.0652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0624 0.0580 0.0602
February 0.0593 0.0579 0.0588
March 0.0618 0.0597 0.0608
April 0.0620 0.0605 0.0612
May 0.0624 0.0601 0.0614
June 0.0602 0.0585 0.0591
July 0.0590 0.0567 0.0580
August 0.0599 0.0572 0.0586
September 0.0596 0.0577 0.0589
October 0.0622 0.0589 0.0604
November 0.0622 0.0609 0.0615
December 0.0620 0.0596 0.0607