YEARLY HIGH
22420.0392 IRR
YEARLY LOW
19195.5025 IRR
YEARLY AVERAGE
21015.7065 IRR

2016 NZD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 22420.0392. Conversely, the yearly low was recorded on January 19, dropping to 19195.5025.

This high-to-low spread represents a total annual volatility of 3224.5367 IRR. From a start-to-finish perspective, comparing the January average rate of 19637.6763 to the December average rate of 21129.0712, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 22420.0392 was up 2.66% compared to the 2015 peak of 21838.3472, 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 112,100,196 IRR
2015 Average 101,147,853 IRR
Yearly Trough Low 95,977,512 IRR
Transaction Impact: A difference of 16,122,683.42 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22203.0047
19404.4646
JanuMarcMayJulySeptNove

NZD to IRR 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 20470.8595, compared to 21560.5535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1089.6939 points.

H1 Avg (Jan–Jun) 20470.8595
H2 Avg (Jul–Dec) 21560.5535

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1347.3902 IRR (High: 20542.8926 / Low: 19195.5025). On the other end, August was the most stable month, with a tight range of 584.3081 IRR (High: 21997.2665 / Low: 21412.9583).

January Spread (Volatile) ±1347.3902
August Spread (Stable) ±584.3081

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 436.8304 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -436.8304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 21969.7930) against the same month in 2015 (average: 18980.1216), the exchange rate shifted by +2989.6714 (+15.75%).

2016 Avg (September) 21969.7930
2015 Avg (September) 18980.1216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20542.8926 19195.5025 19637.6763
February 20311.6552 19550.2373 20023.9649
March 20917.2330 19962.5828 20394.2915
April 21304.1524 20493.3922 20830.8721
May 21259.7219 20288.6995 20572.1379
June 21963.3159 20622.3833 21366.2146
July 21996.7222 20965.2072 21520.9305
August 21997.2665 21412.9583 21726.4115
September 22420.0392 21754.3844 21969.7930
October 21930.0997 21165.5930 21532.9626
November 22162.4665 21034.2350 21484.1520
December 21666.0120 20681.8907 21129.0712