YEARLY HIGH
67.6310 CVE
YEARLY LOW
56.7333 CVE
YEARLY AVERAGE
62.7338 CVE

2011 NZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 67.6310. Conversely, the yearly low was recorded on March 17, dropping to 56.7333.

This high-to-low spread represents a total annual volatility of 10.8978 CVE. From a start-to-finish perspective, comparing the January average rate of 63.2453 to the December average rate of 64.5478, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 67.6310 was up 5.31% compared to the 2010 peak of 64.2227, 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 338,155 CVE
2010 Average 300,283 CVE
Yearly Trough Low 283,666 CVE
Transaction Impact: A difference of 54,488.80 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

66.1176
57.7021
JanuMarcMayJulySeptNove

NZD to CVE 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 61.1839, compared to 64.2837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0997 points.

H1 Avg (Jan–Jun) 61.1839
H2 Avg (Jul–Dec) 64.2837

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 4.7154 CVE (High: 63.1801 / Low: 58.4648). On the other end, April was the most stable month, with a tight range of 1.4154 CVE (High: 60.8767 / Low: 59.4613).

May Spread (Volatile) ±4.7154
April Spread (Stable) ±1.4154

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.1122 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.1122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 64.3797) against the same month in 2010 (average: 61.1357), the exchange rate shifted by +3.2440 (+5.31%).

2011 Avg (August) 64.3797
2010 Avg (August) 61.1357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.0622 61.8312 63.2453
February 62.7031 59.8104 61.5156
March 59.8073 56.7333 58.4034
April 60.8767 59.4613 60.2146
May 63.1801 58.4648 61.2418
June 63.1596 61.5743 62.4830
July 67.5208 62.9005 65.4163
August 67.6310 62.9870 64.3797
September 66.6058 62.4058 65.1453
October 64.2532 62.2862 63.5452
November 64.4163 60.8864 62.6677
December 66.2531 63.5547 64.5478