2023 NZD to AMD Historical Review

YEARLY HIGH

258.0296 AMD

YEARLY LOW

226.2160 AMD

YEARLY AVERAGE

241.0592 AMD

2023 NZD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 258.0296. Conversely, the yearly low was recorded on September 6, dropping to 226.2160.

This high-to-low spread represents a total annual volatility of 31.8136 AMD. From a start-to-finish perspective, comparing the January average rate of 253.3778 to the December average rate of 251.9051, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 258.0296 was down 27.63% compared to the 2022 peak of 356.5521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,290,148 AMD

2022 Average 1,392,493 AMD

Yearly Trough Low 1,131,080 AMD

Transaction Impact: A difference of 159,068.17 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

255.8097

226.6277

JanuMarcMayJulySeptNove

NZD to AMD 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 243.3332, compared to 238.7852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5480 points.

H1 Avg (Jan–Jun) 243.3332

H2 Avg (Jul–Dec) 238.7852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 22.9050 AMD (High: 255.3410 / Low: 232.4360). On the other end, March was the most stable month, with a tight range of 7.8982 AMD (High: 244.3368 / Low: 236.4386).

October Spread (Volatile) ±22.9050

March Spread (Stable) ±7.8982

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 9.6954 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.6954

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 247.5138) against the same month in 2022 (average: 320.9598), the exchange rate shifted by -73.4460 (-22.88%).

2023 Avg (February) 247.5138

2022 Avg (February) 320.9598

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	257.1135	244.9828	253.3778
February	258.0296	239.5128	247.5138
March	244.3368	236.4386	240.9655
April	246.6132	236.8378	241.1025
May	247.0595	232.1164	239.9841
June	241.1165	232.9862	237.0553
July	248.9421	235.3933	241.1108
August	237.7147	227.8054	231.4155
September	238.0669	226.2160	229.0595
October	255.3410	232.4360	238.1820
November	247.8685	236.1833	241.0384
December	257.7242	246.9600	251.9051