2023 NZD to BND Historical Review

YEARLY HIGH

0.8582 BND

YEARLY LOW

0.7931 BND

YEARLY AVERAGE

0.8244 BND

2023 NZD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.8582. Conversely, the yearly low was recorded on October 31, dropping to 0.7931.

This high-to-low spread represents a total annual volatility of 0.0650 BND. From a start-to-finish perspective, comparing the January average rate of 0.8500 to the December average rate of 0.8298, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8582 was down 9.40% compared to the 2022 peak of 0.9472, 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 4,291 BND

2022 Average 4,380 BND

Yearly Trough Low 3,966 BND

Transaction Impact: A difference of 325.24 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8543

0.8025

JanuMarcMayJulySeptNove

NZD to BND 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 0.8335, compared to 0.8154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.8335

H2 Avg (Jul–Dec) 0.8154

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0323 BND (High: 0.8254 / Low: 0.7931). On the other end, March was the most stable month, with a tight range of 0.0168 BND (High: 0.8394 / Low: 0.8226).

October Spread (Volatile) ±0.0323

March Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between October and December, 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 0.0218 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8500) against the same month in 2022 (average: 0.9102), the exchange rate shifted by -0.0603 (-6.62%).

2023 Avg (January) 0.8500

2022 Avg (January) 0.9102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8582	0.8345	0.8500
February	0.8553	0.8276	0.8364
March	0.8394	0.8226	0.8316
April	0.8388	0.8142	0.8260
May	0.8476	0.8160	0.8311
June	0.8375	0.8131	0.8257
July	0.8472	0.8170	0.8305
August	0.8198	0.7998	0.8087
September	0.8183	0.7987	0.8076
October	0.8254	0.7931	0.8069
November	0.8231	0.7979	0.8087
December	0.8393	0.8207	0.8298