2023 NZD to ANG Historical Review

YEARLY HIGH

1.1741 ANG

YEARLY LOW

1.0440 ANG

YEARLY AVERAGE

1.1066 ANG

2023 NZD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.1741. Conversely, the yearly low was recorded on October 25, dropping to 1.0440.

This high-to-low spread represents a total annual volatility of 0.1301 ANG. From a start-to-finish perspective, comparing the January average rate of 1.1545 to the December average rate of 1.1238, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1741 was down 6.70% compared to the 2022 peak of 1.2585, 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 5,871 ANG

2022 Average 5,730 ANG

Yearly Trough Low 5,220 ANG

Transaction Impact: A difference of 650.54 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1638

1.0525

JanuMarcMayJulySeptNove

NZD to ANG 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 1.1243, compared to 1.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 1.1243

H2 Avg (Jul–Dec) 1.0889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0660 ANG (High: 1.1741 / Low: 1.1081). On the other end, September was the most stable month, with a tight range of 0.0257 ANG (High: 1.0828 / Low: 1.0571).

February Spread (Volatile) ±0.0660

September Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0412 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.1321) against the same month in 2022 (average: 1.2028), the exchange rate shifted by -0.0707 (-5.88%).

2023 Avg (February) 1.1321

2022 Avg (February) 1.2028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1710	1.1227	1.1545
February	1.1741	1.1081	1.1321
March	1.1300	1.0987	1.1171
April	1.1400	1.0975	1.1180
May	1.1489	1.0849	1.1185
June	1.1244	1.0884	1.1056
July	1.1517	1.0979	1.1204
August	1.1069	1.0633	1.0792
September	1.0828	1.0571	1.0682
October	1.0894	1.0440	1.0618
November	1.1097	1.0572	1.0799
December	1.1475	1.1044	1.1238