YEARLY HIGH
25309.0837 IRR
YEARLY LOW
20815.9661 IRR
YEARLY AVERAGE
23489.4069 IRR

2017 NZD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 25309.0837. Conversely, the yearly low was recorded on January 3, dropping to 20815.9661.

This high-to-low spread represents a total annual volatility of 4493.1176 IRR. From a start-to-finish perspective, comparing the January average rate of 22595.2492 to the December average rate of 24562.9807, the exchange rate registered a net change of 8.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 25309.0837 was up 12.89% compared to the 2016 peak of 22420.0392, 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 126,545,419 IRR
2016 Average 105,083,933 IRR
Yearly Trough Low 104,079,830 IRR
Transaction Impact: A difference of 22,465,588.25 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

24764.8616
22342.2906
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 22887.4193, compared to 24091.3946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1203.9753 points.

H1 Avg (Jan–Jun) 22887.4193
H2 Avg (Jul–Dec) 24091.3946

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2815.8899 IRR (High: 23631.8560 / Low: 20815.9661). On the other end, February was the most stable month, with a tight range of 475.1686 IRR (High: 23691.3685 / Low: 23216.1998).

January Spread (Volatile) ±2815.8899
February Spread (Stable) ±475.1686

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 680.0998 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -680.0998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 24562.9807) against the same month in 2016 (average: 21129.0712), the exchange rate shifted by +3433.9095 (+16.25%).

2017 Avg (December) 24562.9807
2016 Avg (December) 21129.0712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23631.8560 20815.9661 22595.2492
February 23691.3685 23216.1998 23390.7695
March 23057.6623 22362.2418 22710.6698
April 22856.1855 22279.2707 22628.9912
May 22999.7854 22174.2463 22544.1715
June 23816.2478 22922.0317 23454.6645
July 24603.8281 23521.6510 24029.7619
August 24363.1063 23686.4610 24005.4383
September 24488.2352 23742.4732 24152.3613
October 24493.6276 23488.3104 23906.0469
November 24118.0650 23604.8236 23891.7783
December 25309.0837 23837.8353 24562.9807