2023 NZD to AUD Historical Review

YEARLY HIGH

0.9458 AUD

YEARLY LOW

0.9044 AUD

YEARLY AVERAGE

0.9242 AUD

2023 NZD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.9458. Conversely, the yearly low was recorded on June 17, dropping to 0.9044.

This high-to-low spread represents a total annual volatility of 0.0414 AUD. From a start-to-finish perspective, comparing the January average rate of 0.9205 to the December average rate of 0.9292, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9458 was down 0.72% compared to the 2022 peak of 0.9527, 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 4,729 AUD

2022 Average 4,574 AUD

Yearly Trough Low 4,522 AUD

Transaction Impact: A difference of 207.02 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9370

0.9097

JanuMarcMayJulySeptNove

NZD to AUD 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 0.9230, compared to 0.9254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.9230

H2 Avg (Jul–Dec) 0.9254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0244 AUD (High: 0.9318 / Low: 0.9074). On the other end, August was the most stable month, with a tight range of 0.0114 AUD (High: 0.9304 / Low: 0.9190).

January Spread (Volatile) ±0.0244

August Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0216 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.9347) against the same month in 2022 (average: 0.9084), the exchange rate shifted by +0.0263 (+2.90%).

2023 Avg (May) 0.9347

2022 Avg (May) 0.9084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9318	0.9074	0.9205
February	0.9192	0.9057	0.9119
March	0.9357	0.9192	0.9291
April	0.9404	0.9163	0.9288
May	0.9458	0.9258	0.9347
June	0.9234	0.9044	0.9131
July	0.9313	0.9157	0.9248
August	0.9304	0.9190	0.9241
September	0.9326	0.9168	0.9231
October	0.9392	0.9163	0.9288
November	0.9320	0.9154	0.9227
December	0.9372	0.9256	0.9292