2023 NZD to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NZD to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NZD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 70.9071. Conversely, the yearly low was recorded on July 20, dropping to 55.8838.
This high-to-low spread represents a total annual volatility of 15.0233 ALL. From a start-to-finish perspective, comparing the January average rate of 69.1369 to the December average rate of 58.6556, the exchange rate registered a net change of -15.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 70.9071 was down 10.21% compared to the 2022 peak of 78.9722, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NZD to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 65.2021, compared to 58.4686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7335 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 4.1923 ALL (High: 60.0761 / Low: 55.8838). On the other end, September was the most stable month, with a tight range of 1.7697 ALL (High: 60.5495 / Low: 58.7798).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.7463 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 69.1369) against the same month in 2022 (average: 72.2544), the exchange rate shifted by -3.1175 (-4.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.9071 | 66.8547 | 69.1369 |
| February | 69.6631 | 66.8929 | 67.8610 |
| March | 67.6262 | 65.0869 | 66.3526 |
| April | 65.7064 | 61.5472 | 63.6063 |
| May | 65.4187 | 61.8828 | 63.4897 |
| June | 61.9121 | 59.2036 | 60.7660 |
| July | 60.0761 | 55.8838 | 58.1701 |
| August | 60.5136 | 56.5049 | 58.0034 |
| September | 60.5495 | 58.7798 | 59.3453 |
| October | 60.5021 | 57.5714 | 59.0264 |
| November | 58.8200 | 56.7900 | 57.6108 |
| December | 59.6692 | 57.5093 | 58.6556 |