YEARLY HIGH
4.8097 CNY
YEARLY LOW
4.3781 CNY
YEARLY AVERAGE
4.5742 CNY

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.

Transfer Payout Power Comparison

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

Yearly Peak High 24,048 CNY
2017 Average 24,019 CNY
Yearly Trough Low 21,891 CNY
Transaction Impact: A difference of 2,157.70 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.7279
4.4017
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4.5566
H2 Avg (Jul–Dec) 4.5919

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±0.2092
June Spread (Stable) ±0.0625

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1307

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (December) 4.6903
2017 Avg (December) 4.5928

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