2023 LRD to NZD Historical Review

YEARLY HIGH

0.0106 NZD

YEARLY LOW

0.0084 NZD

YEARLY AVERAGE

0.0094 NZD

2023 LRD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0106. Conversely, the yearly low was recorded on December 27, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0022 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0085, the exchange rate registered a net change of -15.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0106 was down 9.64% compared to the 2022 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53 NZD

2022 Average 52 NZD

Yearly Trough Low 42 NZD

Transaction Impact: A difference of 11.07 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0103

0.0084

JanuMarcMayJulySeptNove

LRD 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 0.0099, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0099

H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 NZD (High: 0.0106 / Low: 0.0098). On the other end, September was the most stable month, with a tight range of 0.0002 NZD (High: 0.0091 / Low: 0.0089).

February Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0102) against the same month in 2022 (average: 0.0097), the exchange rate shifted by +0.0004 (+4.42%).

2023 Avg (February) 0.0102

2022 Avg (February) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0098	0.0100
February	0.0106	0.0098	0.0102
March	0.0105	0.0098	0.0101
April	0.0100	0.0097	0.0099
May	0.0099	0.0094	0.0096
June	0.0097	0.0090	0.0093
July	0.0091	0.0085	0.0087
August	0.0091	0.0087	0.0090
September	0.0091	0.0089	0.0091
October	0.0092	0.0089	0.0091
November	0.0091	0.0086	0.0089
December	0.0087	0.0084	0.0085