2017 NZD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 49.6250. Conversely, the yearly low was recorded on May 13, dropping to 44.0372.
This high-to-low spread represents a total annual volatility of 5.5877 INR. From a start-to-finish perspective, comparing the January average rate of 48.4875 to the December average rate of 44.7406, the exchange rate registered a net change of -7.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 49.6250 was up 0.22% compared to the 2016 peak of 49.5169, 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 2017.
NZD to INR 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 46.5493, compared to 46.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5173 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 2.7303 INR (High: 47.1624 / Low: 44.4322). On the other end, November was the most stable month, with a tight range of 1.2324 INR (High: 45.2969 / Low: 44.0646).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.2095 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 48.4875) against the same month in 2016 (average: 44.0329), the exchange rate shifted by +4.4546 (+10.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.6250 | 47.1644 | 48.4875 |
| February | 49.1729 | 47.8550 | 48.3423 |
| March | 47.5882 | 45.4003 | 46.1328 |
| April | 45.5297 | 44.1081 | 45.0126 |
| May | 45.7898 | 44.0372 | 44.7506 |
| June | 47.3956 | 45.4629 | 46.5698 |
| July | 48.4337 | 46.6032 | 47.4860 |
| August | 47.5709 | 45.8894 | 46.7476 |
| September | 47.6341 | 45.6647 | 46.7084 |
| October | 47.1624 | 44.4322 | 45.8429 |
| November | 45.2969 | 44.0646 | 44.6663 |
| December | 45.4461 | 44.0649 | 44.7406 |