YEARLY HIGH
49.6250 INR
YEARLY LOW
44.0372 INR
YEARLY AVERAGE
46.2906 INR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 248,125 INR
2016 Average 234,149 INR
Yearly Trough Low 220,186 INR
Transaction Impact: A difference of 27,938.69 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

48.8696
44.2842
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 46.5493
H2 Avg (Jul–Dec) 46.0320

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±2.7303
November Spread (Stable) ±1.2324

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2095

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (January) 48.4875
2016 Avg (January) 44.0329

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