YEARLY HIGH
0.0193 NZD
YEARLY LOW
0.0177 NZD
YEARLY AVERAGE
0.0185 NZD

2023 KGS to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0193. Conversely, the yearly low was recorded on December 27, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0016 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0180, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0193 was down 13.20% compared to the 2022 peak of 0.0223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97 NZD
2022 Average 94 NZD
Yearly Trough Low 88 NZD
Transaction Impact: A difference of 8.17 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0192
0.0179
JanuMarcMayJulySeptNove

KGS 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 0.0184, compared to 0.0187 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) 0.0184
H2 Avg (Jul–Dec) 0.0187

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0012 NZD (High: 0.0191 / Low: 0.0179). On the other end, September was the most stable month, with a tight range of 0.0005 NZD (High: 0.0193 / Low: 0.0188).

January Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0190) against the same month in 2022 (average: 0.0215), the exchange rate shifted by -0.0024 (-11.37%).

2023 Avg (October) 0.0190
2022 Avg (October) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0191 0.0179 0.0182
February 0.0186 0.0178 0.0183
March 0.0187 0.0182 0.0184
April 0.0187 0.0181 0.0184
May 0.0190 0.0180 0.0184
June 0.0189 0.0183 0.0186
July 0.0187 0.0178 0.0183
August 0.0192 0.0186 0.0190
September 0.0193 0.0188 0.0191
October 0.0193 0.0186 0.0190
November 0.0190 0.0182 0.0187
December 0.0183 0.0177 0.0180