2014 NZD to LTL Historical Review

YEARLY HIGH

2.2366 LTL

YEARLY LOW

2.0582 LTL

YEARLY AVERAGE

2.1578 LTL

2014 NZD to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NZD to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.2366. Conversely, the yearly low was recorded on January 1, dropping to 2.0582.

This high-to-low spread represents a total annual volatility of 0.1784 LTL. From a start-to-finish perspective, comparing the January average rate of 2.0957 to the December average rate of 2.1769, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2366 was down 1.69% compared to the 2013 peak of 2.2750, 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 11,183 LTL

2013 Average 10,663 LTL

Yearly Trough Low 10,291 LTL

Transaction Impact: A difference of 892.01 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2266

2.0825

JanuMarcMayJulySeptNove

NZD to LTL 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 2.1378, compared to 2.1778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 2.1378

H2 Avg (Jul–Dec) 2.1778

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1055 LTL (High: 2.2205 / Low: 2.1150). On the other end, August was the most stable month, with a tight range of 0.0205 LTL (High: 2.1972 / Low: 2.1767).

September Spread (Volatile) ±0.1055

August Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0370 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 2.2146) against the same month in 2013 (average: 2.0820), the exchange rate shifted by +0.1326 (+6.37%).

2014 Avg (July) 2.2146

2013 Avg (July) 2.0820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1237	2.0582	2.0957
February	2.1116	2.0636	2.0945
March	2.1761	2.0952	2.1293
April	2.1742	2.1295	2.1529
May	2.1804	2.1466	2.1628
June	2.2276	2.1377	2.1914
July	2.2366	2.1863	2.2146
August	2.1972	2.1767	2.1867
September	2.2205	2.1150	2.1788
October	2.1600	2.1277	2.1417
November	2.1953	2.1327	2.1684
December	2.2223	2.1446	2.1769