YEARLY HIGH
34.6199 GMD
YEARLY LOW
29.5910 GMD
YEARLY AVERAGE
32.5632 GMD

2017 NZD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 34.6199. Conversely, the yearly low was recorded on January 2, dropping to 29.5910.

This high-to-low spread represents a total annual volatility of 5.0289 GMD. From a start-to-finish perspective, comparing the January average rate of 31.0144 to the December average rate of 33.1139, the exchange rate registered a net change of 6.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 34.6199 was up 8.80% compared to the 2016 peak of 31.8197, 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 173,099 GMD
2016 Average 146,498 GMD
Yearly Trough Low 147,955 GMD
Transaction Impact: A difference of 25,144.41 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

34.2068
30.7242
JanuMarcMayJulySeptNove

NZD to GMD 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 31.8332, compared to 33.2933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4601 points.

H1 Avg (Jan–Jun) 31.8332
H2 Avg (Jul–Dec) 33.2933

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2.3168 GMD (High: 31.9078 / Low: 29.5910). On the other end, April was the most stable month, with a tight range of 0.6866 GMD (High: 31.7529 / Low: 31.0664).

January Spread (Volatile) ±2.3168
April Spread (Stable) ±0.6866

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 0.5562 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 33.9165) against the same month in 2016 (average: 30.4772), the exchange rate shifted by +3.4393 (+11.28%).

2017 Avg (July) 33.9165
2016 Avg (July) 30.4772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.9078 29.5910 31.0144
February 32.2797 31.4828 31.8838
March 31.8457 30.7965 31.3276
April 31.7529 31.0664 31.5332
May 32.6976 31.4929 32.0204
June 33.7864 32.5601 33.2198
July 34.6199 33.2397 33.9165
August 34.3421 32.8975 33.5479
September 33.7397 32.9657 33.3819
October 34.1386 32.4291 33.1652
November 32.9401 32.2320 32.6342
December 33.8482 32.4252 33.1139