2019 NZD to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 12.1604. Conversely, the yearly low was recorded on October 16, dropping to 10.9421.
This high-to-low spread represents a total annual volatility of 1.2183 MDL. From a start-to-finish perspective, comparing the January average rate of 11.6099 to the December average rate of 11.3936, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 12.1604 was down 2.06% compared to the 2018 peak of 12.4164, 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 2019.
NZD to MDL 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 11.7692, compared to 11.3297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4395 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.5378 MDL (High: 11.6838 / Low: 11.1461). On the other end, October was the most stable month, with a tight range of 0.2559 MDL (High: 11.1980 / Low: 10.9421).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4790 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 11.9676) against the same month in 2018 (average: 11.7041), the exchange rate shifted by +0.2635 (+2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.8481 | 11.3604 | 11.6099 |
| February | 11.8547 | 11.5005 | 11.6789 |
| March | 11.9284 | 11.5290 | 11.7371 |
| April | 12.0137 | 11.6862 | 11.8477 |
| May | 11.9144 | 11.6576 | 11.7739 |
| June | 12.1604 | 11.7930 | 11.9676 |
| July | 12.0463 | 11.5929 | 11.8191 |
| August | 11.6838 | 11.1461 | 11.3401 |
| September | 11.4737 | 10.9980 | 11.2193 |
| October | 11.1980 | 10.9421 | 11.0702 |
| November | 11.2334 | 10.9768 | 11.1359 |
| December | 11.5478 | 11.2415 | 11.3936 |