2016 NZD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 844.4571. Conversely, the yearly low was recorded on January 25, dropping to 772.5554.
This high-to-low spread represents a total annual volatility of 71.9017 KRW. From a start-to-finish perspective, comparing the January average rate of 786.0287 to the December average rate of 831.8784, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 844.4571 was down 1.57% compared to the 2015 peak of 857.9684, 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 2016.
NZD to KRW 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 800.8531, compared to 816.3235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.4704 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 49.8159 KRW (High: 844.4571 / Low: 794.6413). On the other end, May was the most stable month, with a tight range of 15.1868 KRW (High: 806.6934 / Low: 791.5066).
Growth Streaks & Declines
TrendsBetween April and June, 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 July and August, when the average rate fell by 11.6538 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 814.6347) against the same month in 2015 (average: 760.4428), the exchange rate shifted by +54.1919 (+7.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 805.0632 | 772.5554 | 786.0287 |
| February | 831.4437 | 786.3694 | 808.3382 |
| March | 822.1424 | 780.4788 | 798.8462 |
| April | 801.2378 | 781.4733 | 790.3790 |
| May | 806.6934 | 791.5066 | 798.1940 |
| June | 837.8798 | 805.0955 | 823.3327 |
| July | 844.4571 | 794.6413 | 814.6347 |
| August | 819.7340 | 792.1040 | 802.9809 |
| September | 824.9055 | 795.4739 | 810.6835 |
| October | 821.0601 | 791.0100 | 806.4688 |
| November | 840.0093 | 822.8850 | 831.2946 |
| December | 841.0164 | 823.1177 | 831.8784 |