2018 NZD to CNY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to CNY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 4.8097. Conversely, the yearly low was recorded on May 15, dropping to 4.3781.
This high-to-low spread represents a total annual volatility of 0.4315 CNY. From a start-to-finish perspective, comparing the January average rate of 4.6612 to the December average rate of 4.6903, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4.8097 was down 5.39% compared to the 2017 peak of 5.0836, 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 2018.
NZD to CNY 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 4.5566, compared to 4.5919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0353 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.2092 CNY (High: 4.8097 / Low: 4.6005). On the other end, June was the most stable month, with a tight range of 0.0625 CNY (High: 4.5074 / Low: 4.4449).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 0.1307 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 4.6903) against the same month in 2017 (average: 4.5928), the exchange rate shifted by +0.0975 (+2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7174 | 4.6092 | 4.6612 |
| February | 4.6965 | 4.5315 | 4.6185 |
| March | 4.6341 | 4.5409 | 4.5856 |
| April | 4.6429 | 4.4568 | 4.5596 |
| May | 4.4919 | 4.3781 | 4.4289 |
| June | 4.5074 | 4.4449 | 4.4857 |
| July | 4.6510 | 4.4746 | 4.5607 |
| August | 4.6355 | 4.5047 | 4.5620 |
| September | 4.5844 | 4.4704 | 4.5229 |
| October | 4.5697 | 4.4222 | 4.5146 |
| November | 4.7836 | 4.5824 | 4.7007 |
| December | 4.8097 | 4.6005 | 4.6903 |