YEARLY HIGH
0.6833 EUR
YEARLY LOW
0.5741 EUR
YEARLY AVERAGE
0.6304 EUR

2017 NZD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.6833. Conversely, the yearly low was recorded on November 30, dropping to 0.5741.

This high-to-low spread represents a total annual volatility of 0.1092 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6698 to the December average rate of 0.5884, the exchange rate registered a net change of -12.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6833 was up 0.83% compared to the 2016 peak of 0.6777, 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 3,417 EUR
2016 Average 3,151 EUR
Yearly Trough Low 2,871 EUR
Transaction Impact: A difference of 546.09 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6876
0.5772
JanuMarcMayJulySeptNove

NZD to EUR 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 0.6542, compared to 0.6066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 0.6542
H2 Avg (Jul–Dec) 0.6066

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0309 EUR (High: 0.6610 / Low: 0.6302). On the other end, February was the most stable month, with a tight range of 0.0095 EUR (High: 0.6833 / Low: 0.6739).

April Spread (Volatile) ±0.0309
February Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0236 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.6784) against the same month in 2016 (average: 0.5975), the exchange rate shifted by +0.0808 (+13.53%).

2017 Avg (February) 0.6784
2016 Avg (February) 0.5975

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6812 0.6591 0.6698
February 0.6833 0.6739 0.6784
March 0.6755 0.6476 0.6548
April 0.6610 0.6302 0.6509
May 0.6367 0.6178 0.6280
June 0.6513 0.6298 0.6434
July 0.6420 0.6294 0.6388
August 0.6301 0.6028 0.6182
September 0.6176 0.6020 0.6085
October 0.6130 0.5828 0.5996
November 0.6000 0.5741 0.5864
December 0.5959 0.5780 0.5884