2023 NZD to KMF Historical Review

YEARLY HIGH

294.8480 KMF

YEARLY LOW

267.7218 KMF

YEARLY AVERAGE

279.7606 KMF

2023 NZD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 294.8480. Conversely, the yearly low was recorded on September 5, dropping to 267.7218.

This high-to-low spread represents a total annual volatility of 27.1262 KMF. From a start-to-finish perspective, comparing the January average rate of 292.7459 to the December average rate of 280.9791, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 294.8480 was down 6.04% compared to the 2022 peak of 313.7855, 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 1,474,240 KMF

2022 Average 1,482,701 KMF

Yearly Trough Low 1,338,609 KMF

Transaction Impact: A difference of 135,630.85 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

294.9882

268.0806

JanuMarcMayJulySeptNove

NZD to KMF 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 284.4644, compared to 275.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.4076 points.

H1 Avg (Jan–Jun) 284.4644

H2 Avg (Jul–Dec) 275.0567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 12.3822 KMF (High: 281.8539 / Low: 269.4717). On the other end, January was the most stable month, with a tight range of 4.5855 KMF (High: 294.8480 / Low: 290.2625).

October Spread (Volatile) ±12.3822

January Spread (Stable) ±4.5855

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 7.1431 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.1431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 292.7459) against the same month in 2022 (average: 292.9644), the exchange rate shifted by -0.2185 (-0.07%).

2023 Avg (January) 292.7459

2022 Avg (January) 292.9644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	294.8480	290.2625	292.7459
February	294.0083	285.4023	288.9658
March	290.0898	281.9801	285.9166
April	285.0346	272.6622	278.7735
May	286.3501	276.6131	281.3246
June	283.2305	273.5617	279.0599
July	282.1933	271.3330	277.2657
August	275.2317	267.7395	270.3229
September	279.3669	267.7218	273.2483
October	281.8539	269.4717	274.8587
November	280.2097	270.5762	273.6658
December	283.7218	277.8666	280.9791